Rupee
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financeIndia's Forex Defense Hits $110 Billion as Rupee Weakens
The RBI's forward dollar-selling contracts hit a record $110-115 billion, as the rupee slides past 96 per dollar and forex reserves drop sharply.
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financeRBI Holds Rates Steady, Unveils Measures to Defend Rupee
India's central bank keeps repo rate at 5.25%, introduces capital inflow incentives amid slowing growth and rising inflation.
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financeIndia Holds Rates, Unveils Measures to Curb Rupee Decline
The Reserve Bank of India leaves repo rate unchanged at 5.25% as it introduces steps to support the faltering rupee amid crude surge and foreign outflows.
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cryptoCoinbase Launches INR Bank Rails in India After Regulatory Nod
Coinbase enables direct rupee deposits and withdrawals in India via IMPS, deepening its presence after securing FIU registration in March 2025.
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cryptoCoinbase Re-Enters India with Rupee Trading Support
Coinbase enables Indian users to trade crypto using rupees via UPI, marking a strategic comeback after regulatory registration.
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financeIndonesia and India Intervene as Oil Surge Batters Asian Currencies
Bank Indonesia raised rates and spent billions to defend the rupiah. India also intervened as Middle East tensions fueled a dollar flight.
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financeSri Lanka Surprises with 100-Basis-Point Rate Hike Amid Iran War Fallout
Sri Lanka's central bank raises key rate by 100 bps to combat inflation and support the rupee, as the Iran war drives up energy costs.
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financeIndia's Central Bank Burns $9.8B in March as Rupee Plunges
The RBI sold a record $9.76 billion in March as the rupee fell 4%, its steepest monthly drop since 2019, driven by soaring energy costs and the US-Iran conflict.