Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any band for the rupee in the forex market, and allows the domestic currency to find its own correct level.......
Gold's glittering rally is expected to continue, with prices likely to climb towards $4,500 per ounce in overseas markets, supported by sustained global central bank purchases, persistent......
The rupee breached the 90-a-dollar level for the first time to settle at a fresh all-time low of 90.15 on Wednesday, down 19 paise from its previous close, amid sustained foreign fund outflows and......
'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.' Illustration: Dominic Xavier/Rediff The rupee touching the 90......
The recent depreciation of the rupee along with sharp fall in the country’s foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and......