The Real Effective Exchange Rate (REER) of the rupee moderated in December to 107.20 after hitting a peak of 108.14 in November, latest data released by the Reserve Bank of India (RBI) showed.......
The Reserve Bank of India (RBI) was a net seller of the US dollar in August, reversing its net buying position from July. Photograph: Shailesh Andrade/Reuters During the current financial year up......
The rupee remains overvalued against the currencies of India’s trading partners, even as it hit record lows against the dollar in August and September. Illustration: Uttam Ghosh/Rediff.com......
The criticism that the Reserve Bank of India was behind the curve in hiking interest rate to tame rising inflation is unfair, former RBI Governor D Subbarao said on Wednesday and asserted that it......
The currency market won't care for our moans, groans, cries and sighs.The rupee will find its own level, explains Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com This is an......