The Reserve Bank of India has stepped in to halt the rupee's fall. This move forces banks to unwind dollar positions, ...

The RBI has tightened forex derivative rules after its initial intervention backfired, allowing arbitrage trades to weaken ...

The Indian central bank’s surprise cap on forex positions gave the battered rupee a brief reprieve on Monday, but bankers and ...

By Jaspreet Kalra and Nimesh Vora MUMBAI, March 29 (Reuters) - Lenders have urged the Indian central bank to grant three ...

RBI's forex curbs provide temporary rupee relief but threaten bank profits, analysts warn of lasting economic risks.

The Central Bank of Nigeria (CBN) has directed all international money transfer operators (IMTOs) to open naira settlement ...

Bank Indonesia (BI) is optimizing its monetary instruments, specifically by strengthening pro-market monetary operations, to ...

The decision by FTSE Russell to reclassify Nigeria from “Unclassified” to Frontier Market status is expected to trigger a ...

As the sun sets over the Bay of Bengal, the horizon remains a hauntingly empty expanse. To the east, Myanmar’s offshore rigs ...

The RBI’s curbs on banks’ foreign exchange exposure are emerging as a key risk for the banking sector amid sharp rupee ...

THE country’s dollar reserves hit a seven-month low in March after the Bangko Sentral ng Pilipinas (BSP) intervened to ...