The RBI had announced open market operations (OMO) purchase auctions of government bonds aggregating ₹60,000 crore, Variable Rate Repo (VRR) auction of ₹50,000 crore and foreign exchange swap of USD 5 ...

The sharp depreciation in the rupee was driven primarily by the threats of reciprocal tariffs and additional protectionist ...

Explore why the USD/INR exchange rate has jumped to a record high and what to expect later this year as the RBI starts ...