Social media is abuzz with discussions about the introduction of a 5000 rupee note. The RBI has clarified the situation, ...

Speculation is rife on social media about the Reserve Bank of India (RBI) possibly introducing a ₹5,000 note. The RBI has ...

The heavy demand for the U.S. dollar in the non-deliverable forward (NDF) market had widened the arbitrage with the Indian ...

As of December 31, 2024, 98.12% of the Rs 2,000 banknotes withdrawn by the Reserve Bank of India have been deposited back ...

India's central bank will need to rethink its foreign exchange strategy and loosen its hold on the rupee in 2025, economists ...

Rupee weakens against US dollar due to strong American currency, market focus on Trump's policies, and record low closing.

MUMBAI, Jan 2 (Reuters) - The heavy demand for the U.S. dollar in the non-deliverable forward (NDF) market had widened the arbitrage with the Indian onshore market, putting more strain on the ...