As many as 8,34,947 Fake Indian Currency Notes (FICN) worth more than Rs 92 crore were seized in 2020, according…
The rupee surged 18 paise to close at 74.70 (provisional) against the US dollar on Friday tracking the weakness of…
The nation’s forex reserves posted a decline of $678 million during the week ended January 21 to reach $634.287 billion,…
The country’s foreign exchange reserves declined by USD 160 million to stand at USD 635.667 billion in the week to December 17,…
The dollar extended its Fed-fueled rally on Thursday and the US Dollar Index reached its highest level since July 2020 before going…
Exotic foreign-exchange derivatives are making a comeback in India, reflecting the central bank’s efforts to deepen the financial markets. After…
The dollar was headed for its best week in seven months on Friday after breaking through key levels against the…
Safe-haven flows continue to dominate the financial markets amid escalating geopolitical tensions and renewed concerns over a global economic slowdown.…
Despite closing the week on a positive note, the tone has been generally softer in the Euro, with market participants fading…
The Central Bank set the record straight on the repatriation and conversion of foreign exchange earnings as accusations poured through…