USD/INR is tracking sharply lower in in early Tuesday dealings. We were last back to 86.75/80, up around 0.80% so far in rupee terms (session lows at 86.64). This puts us back under the 20-day EMA, ...
The Reserve Bank of India has increased its open market operations (OMO) bid from Rs 20,000 crore to Rs 40,000 crore to address liquidity concerns. This strategic move comes after announcing a ...
The Indian rupee remained at its all-time low against the US dollar after the Reserve Bank of India (RBI) delivered its first ...
India's central bank is likely conducting buy/sell dollar-rupee swaps in addition to selling spot dollars to support the rupee, three traders told Reuters on Thursday.
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