The central bank has also made changes in norms wherein Indian banks can market Masala Bonds overseas. read more

The Indian rupee hit an all-time low of Rs 72.54 against the US dollar on September 6 — a fall from less than Rs 65 per dollar six months ago. Students headed abroad, or already enrolled overseas, are bearing the brunt of this sharp devaluation. read more

The rupee had fallen more than 12 percent against the dollar this year and it is the worst performing Asian currency year-to-date, stung by an emerging markets sell-off and higher crude oil prices that have widened the country’s current account defi... read more

Since the beginning of the year, the Indian rupee “has lost about 11 per cent of its value in nominal terms vis a vis the US dollar”, said International Monetary Fund (IMF) spokesperson, Gerry Rice. read more

Petrol and diesel prices Friday scaled new highs as rates were increased on account of rupee depreciation and rise in international oil rates. read more

Continuing its recovery, the rupee Friday strengthened by 50 paise to 71.68 against the dollar in early trade read more

The rupee strengthened as much as 1.1 percent to 71.92 per dollar after hitting a new low of 72.9138 in early trading. It closed up 0.7 percent at 72.1825. read more

An increase of $1 a barrel in crude price translates to Rs 1,513 crore revenue gain on an average to all the major 19 states, the report noted. read more

The rupee is the latest currency to be dragged down by fears that an escalating trade war could hurt global growth and severely affect Asian economies. read more

The rupee on Tuesday hit yet another record low of 72.73 against the US dollar, falling 28 paise in late afternoon trade on strengthening American currency as crude oil prices went past the USD 78 a barrel mark. read more

The rupee had on Monday slumped to new record low of 72.67 a dollar in intra-day trade before closing at 72.45, showing a steep 72 paise fall. read more

The American credit rating agency’s report on the weakening rupee was published on the day the Indian currency touched a new low of 72.67 on Monday, depreciating by almost a rupee from its previous close of 71.73 per US dollar. The rupee has depreciated... read more

Rupee opened at record low of 72.15 a dollar from its previous close of 71.73 and slipped to hit a fresh low of 72.18, down by 45 paise. read more

India’s short-term debt obligations, which included non-resident deposits as well as overseas commercial borrowings by companies, totaled $217.6 billion in 2017. read more

Rupee was quoted 37 paise lower at 72.12 against the US dollar in afternoon trade read more