India's central bank is likely conducting buy/sell dollar-rupee swaps in addition to selling spot dollars to support the rupee, three traders told Reuters on Thursday.

The Indian rupee will likely not receive much of a boost on Thursday from the further unwinding of long dollar positions fuelled by the relief on the tariffs front. The 1-month non-deliverable forward ...

Having slid about 3% in 2024 and another 2% so far this year, the rupee is expected to trade around 87.23 per dollar at ...

The Indian rupee is set to become more volatile as the Reserve Bank of India's new governor loosens control over the partially convertible currency as a rampant U.S. dollar exerts relentless downward ...