The balance of payment crisis: why the RBI was unable to defend the rupee

Mumbai : with only enough cash in Reserve Bank of India (RBI) to pay for seven months of imports, 172 billion dollars in debt falling due in...

RBI unveils new steps to drain cash to curb the volatility of the rupee

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Rupee at 61.4: what Govt RBI might stabilize currency

Mumbai: the rupee Falling to record lows has raised the likelihood that the Reserve Bank of India will take more steps to support the curr...

Sensex tumbles 450 points after the rupee hits record low

Mumbai - the BSE Sensex fell almost 2.5 percent on Tuesday, as lenders such as Yes Bank (YESB.NS) fell on concerns that the Reserve Bank of...