By Nimesh Vora and Jaspreet Kalra MUMBAI, March 18 (Reuters) - Dark clouds over the rupee's outlook are prompting banks to pitch cross-currency trades targeting its underperformance against certain ...

The rupee has emerged as Asia worst-performing currency amid trade uncertainty with U.S and foreign investor outflows this year. The Indian currency is expected to touch 92 rupee against the dollar by ...

The currency traders said the downward pressure largely came from expensive crude oil and sustained selling by overseas ...

This, in essence, is why Foreign Portfolio Investors (FPIs) have continued to dump Indian shares amid the war in West Asia and volatile crude oil prices, dragging down the Indian rupee, which hit a ...

India is exploring cross-border use of the e-rupee to reduce payment costs, improve trade settlement efficiency and expand the rupee’s global role. India’s e-rupee has evolved from a domestic digital ...

India’s central bank injected $5 billion through a foreign-exchange swap auction, deploying the tool for the first time since March as signs of liquidity strain emerge among lenders. The operation is ...

By Bharath Rajeswaran and Vivek Kumar M MUMBAI, March 10 - Currency depreciation and high taxes remain key constraints on ...

By Nimesh Vora MUMBAI, Mar 4 (Reuters) - The surge in oil prices from the intensifying Middle East war is making it costlier ...

The Foreign Exchange Dealers Association of India (FEDAI) oversees India's forex markets, offering standardizing guidelines and regulation for banks.