India may face its worst financial crisis in decades if it fails to stem a slide in the rupee, leaving the Reserve Bank of India (RBI) with a difficult choice over how to make best use of its limited

The Reserve Bank of India will use all available tools to stem a fall in the rupee if the currency's downward spiral escalates and will take steps to keep liquidity in the country's markets at comfort

The Reserve Bank of India (RBI) is taking steps to deal with the sliding value of rupee against the dollar, the Finance Ministry informed Parliament on Friday.

"Measures have been taken to augment th

The rupee surged 1.4 per cent on Thursday and posted its largest single-session rise since May 2009, powered by hopes of dollar inflows, a day after the world's six major central banks announced co-or

The rupee suffered the worst fall in 16 years in November, plunging nearly seven per cent and hitting a record low, as persistent dollar demand from importers and portfolio outflows due to global risk

The Indian rupee was up by 35 paise at Rs 51.90 per US dollar in early trade on Monday on fresh selling of the American currency banks and exporters influenced by dollar weakness in overseas markets a

The Indian rupee was up by 9 paise at Rs 52.20/21 per US dollar in see-saw trade early on Wednesday on mild selling of dollars by banks and exporters.

The rupee resumed lower at Rs 52.54/55 per doll

Finance Minister Pranab Mukherjee on Wednesday attributed the stock market crash to withdrawal of funds by foreign investors and depreciation of the rupee.

"Markets have crashed because of contin

The Indian rupee depreciated by 35 paise to a lifetime low of Rs 52.50 per US dollar in early trade on the Interbank Foreign Exchange today on sustained demand for the American currency from banks an

With Indian exporters witnessing 'unexpected' gains due to rupee depreciation against the US dollar, global buyers have started putting pressure on them to offer discounts of 5-10 per cent on shipm