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The Indian rupee ended lower on Monday, its worst intraday fall in more than two weeks, pressured by month-end dollar demand from importers, while weakness in major Asian currencies also hurt the local unit.
Mumbai: The Reserve Bank of India on Friday kept the key interest rates unchanged at 6.50 percent, in line with the market expectations.
Persistent intervention by the RBI in the foreign exchange market over the past several months had dampened exchange rate volatility.
India's central bank will continue to curb sharp swings in the rupee, traders said, after it fell to a record low on Friday, spurring speculation the Reserve Bank of India may be loosening its...
GDP grew 7.6 per cent in the July-September quarter