The Reserve Bank of India (RBI) is revisiting an ambitious strategy that could fundamentally alter how hundreds of millions of citizens handle their physical money. The central bank is reportedly ...

India’s currency lost around a tenth of its value against the dollar in the fiscal year to the end of March. The GDP rankings do not matter (beyond wounded pride). India, which is growing five times ...

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 RBI plans to launch cross-border digital rupee pilots with Singapore and the UAE while expanding domestic CBDC use, even as the digital rupee's circulation declines and the Indian currency gains ...

India may take a number of steps in coming months to bolster foreign reserves and the rupee, including possibly restricting ...