India's piecemeal steps to defend the rupee can do little more than slow its decline for now, and some of the measures risk hurting the currency in the long term.

The rupee is being pressured by the country's large deficit and other macroeconomic fundamentals said K. C

The rupee jumped more than 2 per cent on Friday and was on track to post its biggest single-day rise in more than two years after the central bank took

The Indian rupee surged by 143 paise to Rs 52. 21 per US dollar in early trade today on fresh selling of dollars after the Reserve Bank of India imposed

The Indian rupee breached the Rs 54 per dollar-mark in early trade today tumbling by 61 paise to Rs 54. 32 per dollar on sustained demand for the American

India's central bank is being forced to forsake the rupee at record lows not merely by a shortage of ammunition to defend the currency but also by a compulsion to

The Indian rupee lost 57 paise to a fresh all-time low of Rs 53. 80 per US dollar in early trade today amid persistent dollar demand from banks and importers

The Indian rupee tanked by 56 paise to a historic low of Rs 53. 40 per US dollar in early trade today due to persistent demand for the American currency