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.

INRx Coin, pegged to the Indian Rupee (INR), offers a stable alternative to traditional cryptocurrencies, providing ...

The Indian rupee is set to become more volatile as the Reserve Bank of India's new governor loosens control over the partially convertible currency as a rampant U.S. dollar exerts relentless downward ...

RBI partners with fintech firm Cred to launch retail e-Rupee wallet, marking a major expansion of India's CBDC program.

The history of the Indian Rupee dates to around the 6th century BCE when Indian kingdoms began minting coins. Known as Puranas or Karshapanas, these early coins were made in silver and various ...

The Indian rupee opened marginally down on January 16 at 86.42 against the US dollar after ending the previous session at 86.3625. After opening lower, the local currency made some recovery to ...

(Reuters) The Indian rupee has breached an all-time low of 86 against the US dollar. The rupee depreciated to 86.44 against the US dollar in early trade on January 27, 2025, due to the strength of ...

Jio Platforms, led by billionaire Mukesh Ambani, has partnered with internet technology company Polygon Labs. Soon after the ...

The rupee may decline to 88.70 per dollar by the year-end, according to Australia and New Zealand Banking Group Ltd. Emkay Global Financial Services Ltd. is forecasting a fall to 89.50 by December.