/ Feb 8, 2017

India to remove cash withdrawal limits

Limits on cash withdrawals will be removed entirely from March 13, India’s central bank said Wednesday, as it left interest rates on hold for the second time since a ban on high-value rupee notes. The Reserve Bank of India capped cash withdrawals after Prime ...

Investors jump ship as panic over rupee spreads in India

Aug 18, 2013

Investors jump ship as panic over rupee spreads in India

Indian policymakers are looking increasingly panicky as they battle the worst currency crisis in more than two decades, and more worryingly there is no sign their remedies are working. The rupee lurched to a new lifetime low of 62.03 to the dollar on Friday ...