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(Bloomberg) -- India banned its banks from offering the most popular instrument for trading the rupee offshore, threatening to squeeze a $149 billion-a-day market in an extreme step to shore up its ...

The Indian rupee posted its biggest gain in more than 12 years after authorities intensified their crackdown on speculation ...

MUMBAI, June 20 (Reuters) - Half a dozen global trading giants, from Citadel Securities and IMC Trading to Millennium and Optiver, are ratcheting up their presence in India's booming derivatives ...

In the previous session, the Indian rupee closed largely flat versus the US dollar to 94.83, closing out a rough fiscal year for the South Asian currency, in which trade frictions, geopolitics and ...

India’s currency slipped further on Monday, March 16, touching a new historic low against the US dollar as rising global oil prices and persistent foreign capital outflows weighed on sentiment in the ...