Forex Trading
Indian rupee records biggest single-day gain against US dollar in two months. Here's why
Indian rupee snapped its five-day losing run as it closed 0.7% higher — the biggest single-day gain in two months — against the US dollar on Wednesday, December 17. The Indian rupee closed the session at 90.38 per US dollar, as against its last closing price of ₹91.0275.
2 min read17 Dec 2025USD vs INR: Why falling Indian Rupee doesn't mean a weak national currency?
INR vs USD: Driven by US tariffs and FPI outflows, the Indian Rupee dropped to an all-time low on Thursday
5 min read4 Dec 2025RBI Alert List: THESE forex trading platforms are not authorised to deal in foreign currency
The RBI's alert list includes entities which are neither permitted to deal in foreign exchange under FEMA nor authorised to operate electronic trading platforms for forex transactions.
1 min read24 Oct 2024RBI rule ambiguity stifles FX derivatives boom, exposes regulatory gaps in India: Report
For years, the market thrived on bets on the rupee's movement, even without traders holding underlying assets. A rule allowing transactions up to $100 million without proof of exposure was interpreted by many as a green light for speculation.
2 min read12 Apr 2024Here is the list of forex rates offered by major banks, travel aggregators
Check this list of INR to USD forex rates offered by some of the major banks and travel aggregators.
1 min read17 Nov 2023US Dollar likely to maintain its position against foreign currencies over next 3 months, says Reuters Survey
US dollar to maintain its position vs. most currencies over next 3 months due to expectations of higher interest rates. Euro's recent run likely to end, trading around $1.10 in 3 months.
2 min read3 Aug 2023India's forex reserves rise by $1.85 billion to $595.05 billion; foreign currency assets at $527.9 billion
For the week ended on June 30, the foreign currency assets, a major component of the reserves, increased by $2.539 billion to $527.979 billion, according to the Weekly Statistical Supplement released by the RBI on Friday.
2 min read7 Jul 2023Forex reserves decline by $6.05 billion after three-consecutive weekly rises, now at $593.48 billion
India's forex reserves pulled away from the psychological mark of $600 million and halted its two-consecutive weeks increases, to decline by over $6 billion in the week that ended on May 19, 2023. RBI has released its weekly statistical data.
2 min read26 May 2023India's forex reserves rise by $4.53 bn to reach a 10-month high of $588.78 bn
As per RBI's data, forex reserves jumped by $4.532 billion to $588.780 billion in the April 28, 2023, week. This is compared to a decline of $2.164 billion in the previous week that ended on April 21, 2023.
1 min read5 May 2023India's forex reserves jump to 9-month high to $584 bn
Discover the latest surge in India's foreign exchange reserves, reaching a nine-month high of $584.76 billion as of April 7th. With various components contributing to this growth, such as foreign currency assets, gold reserves, and Special Drawing Rights, it's important to understand how these factors impact India's economy and the rupee.
28 Apr 2023