The Reserve Bank of India (RBI) bought a net of US$6.93 billion in the spot foreign exchange market in July, data released on Friday (Sep 20) as part of the central bank’s monthly bulletin showed.

The BSE Sensex surged by 1,400 points to close at 84,544.31, while Nifty rose over 1% to 25,790.95. This rally is driven by increased foreign capital inflows following the Fed's interest rate cut.

India's foreign exchange reserves continued their upward trend for the fifth consecutive week, reaching an all-time high of ...

Repeated lowering of interest rates in the US will also lead to some weakening in the US dollar’s exchange rate with other ...

According to the central bank, a flexible and robustly equipped regulatory architecture in the financial sector would be ...