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$With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.$ Business

RBI report on development of secondary market for corporate loans...

RBI is also likely to release another report on housing finance securitisation by August-end.

28 July 2019 1:24 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Business

RBI sets rupee reference rate at 67.4526 against dollar

The exchange rates for the pound and the yen against the rupee were 89.7929 and 62.04 per 100 yens, respectively.

31 May 2018 2:05 PM IST

The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

Business

Rupee weakens further, down 31 paise against dollar

The domestic unit resumed lower at 67.62 as against yesterday's closing level of 67.43 per dollar at the inter-bank...

29 May 2018 11:47 AM IST

Reserve Bank of India keeps the repo rate and reverse repo rate unchanged.

Business

Reserve Bank of India turns net seller of US dollar in April

In FY18, the apex had net purchased USD 33.689 billion from the spot market.

11 Jun 2018 7:40 PM IST

Yesterday, the rupee had gained 10 paise against the US dollar to end at 66.71

Business

Rupee sinks to record low against US dollar, breaches 69-mark

Global oil prices have climbed after the US asked its allies to end all imports of Iranian oil by November.

28 Jun 2018 11:08 AM IST

Indias widening current account deficit coupled with normalisation of loose policy in developed nations and soaring crude oil prices may weaken rupee towards Rs 67/$1 in the fiscal years that begun from April 1.

Business

Indian travellers unfazed by Rupee fall

The weakness in the rupee against the dollar has not had any impact on the travel plans of Indians.

16 Aug 2018 6:12 PM IST

Maruti Suzuki MD and CEO Kenichi Ayukawa (right) and senior ED R.S. Kalsi pose with new Swift after its launch at the Auto Expo 2018 in Greater Noida. (Photo: PTI)

Business

Maruti Suzuki hikes prices by up to Rs 6,100

The new prices are effective from today.

16 Aug 2018 3:51 PM IST

Union Minister Arun Jaitley said that Congress had no real issue and was hence resorting to manufacturing. (Photo: File)

Business

Govt says forex reserves comfortable to withstand rupee fall

Rupee hit the record low of 70.1 per dollar on Tuesday, as concerns about Turkey's economic woes.

15 Aug 2018 2:01 PM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)

Business

Rupee crashes to all-time low of 70.09 against US dollar

The rupee was last at 69.99 to the dollar, compared with its previous close of 69.95 per dollar.

14 Aug 2018 11:04 AM IST

Business

Rupee recovers from life-time low, up 23 paise against US dollar

Yesterday, the rupee had plunged by Rs 1.08, or 1.57 per cent, to a record low of 69.91 against the US currency.

14 Aug 2018 9:57 AM IST

Chinas foreign exchange reserves rose slightly in March as broad U.S. dollar weakness continued.

Business

RBI net sells USD 6.184 billion of US currency in June

Reserve Bank continued to remain net seller of the US currency for the third consecutive month in June.

12 Aug 2018 5:18 PM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Business

Rupee slides further to end at fresh lifetime low of 70.74 to dollar

The British pound held firm after making its biggest gains in seven months the previous day.

30 Aug 2018 6:00 PM IST