The Indian rupee is likely to open flat-to-marginally weaker on Thursday after hotter-than-expected U.S. inflation data made ...

The Indian central bank's unexpected and decisive intervention in the foreign exchange markets over the past two days, worth ...

India's Finance Minister Nirmala Sitharaman attributed the recent rupee-dollar exchange rate volatility to a mix of global ...

The Reserve Bank of India intervened in the foreign exchange market this week to curb speculation in the rupee, according to ...

The Indian rupee rose sharply on Tuesday, aided by the central bank's heavy-handed intervention, which also triggered stop ...

The Indian rupee remained at its all-time low against the US dollar after the Reserve Bank of India (RBI) delivered its first ...

As part of the Drug Disposal Drive by the Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance, narcotics and drugs worth Rs 2,246 crores were destroyed from January 11 ...

The Indian rupee appreciated 26 paisa to 86.32/dollar, driven by a global retreat in the USD index and central bank interventions. The Reserve Bank of India’s dollar-rupee swaps impacted forward ...

Indian rupee opened almost flat on January 22 and then fell marginally due to outflows from foreign investors. The local currency opened at 86.5650 against the US dollar, and by 9:30 AM it traded ...

"If you must exchange USD (U.S. dollars) for local currency, sometimes local post offices will do this for a nominal price with true market rates," says Newsha Tarifard of TravelWell Adventures.

The nominal exchange rate is the price of buying one unit of foreign currency in terms of domestic currency. The way in which the nominal exchange rate changes depends both on the demand-supply ...