forex market News

Indian Rupee Plummets 88 Paise to 85.71 Against Dollar, Marking the Sharpest Single-Day Decline in Over Two Years

The Indian rupee faced its worst single-day fall in over two years, closing at 85.71 against the dollar, amid escalating geopolitical tensions between India and Pakistan. Forex exp...

RBI Governor Prioritizes Fair Forex Pricing for Small Buyers and Boosts G-Sec Market Participation

RBI Governor Sanjay Malhotra focuses on fair forex pricing for small buyers and enhancing retail participation in the G-Sec market, addressing challenges in liquidity and pricing d...

Indian Rupee Plummets 103 Paise in Two Days Amid Yuan Weakness and Dollar Surge

The Indian rupee fell sharply by 103 paise in two days, pressured by a weaker yuan and a stronger dollar. Experts discuss the factors behind this decline and its potential impact o...

Record-Breaking: RBI's January Dollar Sales Skyrocket Beyond $11 Billion

The Reserve Bank of India reported net dollar sales surpassing $11 billion in January, with total purchases and sales of $49.2 billion and $60.3 billion respectively. This strategi...

India's Forex Reserves Witness a Sharp Decline: A Closer Look at the $8.714 Billion Drop

India's foreign exchange reserves have dropped by $8.714 billion to $625.871 billion, as reported by the RBI. The decline is attributed to revaluation and the RBI's interventions i...

South Korea's Forex Market Shows No Crisis Signals Amid Martial Law Attempt

South Korea's central bank governor reports normal function in the forex market despite a recent martial law declaration, with the won trading slightly better against the dollar.