MUMBAI, Oct 19 (Reuters) – The RBI (Reserve Bank of India) is likely selling U.S. dollars again to defend the rupee and keep it from sliding to a record low, three traders told Reuters on Thursday. The rupee was at 83.2650 against
MUMBAI, Sept 18 (Reuters) – The RBI is possibly selling dollars via public sector banks, with the rupee just shy of a record low, six traders told Reuters. The rupee was at 83.2025 to the U.S. dollar, down from 83.09 at open
Sept 15 (Reuters) – Around 22 countries were negotiating and exploring bilateral trade with India in rupees, Nirmala Sitharaman, the South Asian country’s finance minister said on Friday. “About 22 countries are negotiating and approaching us to see if bilateral trade can
MUMBAI, Sept 12 (Reuters) – The rupee was marginally higher on Tuesday, but some traders reckoned that the recent price action signalled that the currency was unlikely to have much upside. The rupee was at 82.98 as of 10:50 a.m. IST, compared