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India central bank not behind curve, targeting soft landing for economy, governor says. India central bank says it will work towards ring-fencing domestic payment systems. Toggle navigation. Money ExChange View. Take a Trial. Digital Products Digital Marketing.
Currency Currency Converter. The Rupee traded and closed in a tight range to the USD on Monday as prices of crude oil fell on concerns that interest rate hikes by major central banks could slow down the global economy and reduce demand for fuel. Meanwhile, the dollar index remained firm in early Asian trade today amid worries over global slowdown. The index rose sharply on Friday as the Japanese yen slumped after the Bank of Japan maintained its ultra-low interest rate stance.
Asian shares indices fell in early trade today as investors assessed the release of China's latest benchmark lending rates.
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