Yen heads for biggest weekly drop since May despite Tokyo's support pledgesThe Japanese yen is experiencing a dramatic drop, marking its most significant weekly decline since May. The currency has hit 40-year lows ...
RBI intervention blunts oil surge, shores up rupeeThe Reserve Bank of India intervened by selling dollars to prevent the rupee from reaching a record low. Surging oil prices and declining s...
RBI sold $6 billion in May to defend oil-hit Indian rupee, data showsThe Reserve Bank of India sold $6.1 billion in foreign exchange during May. This intervention occurred as oil prices surged, pushing the ru...
Rupee rebound bets vanish as soaring crude blunts inflowsWhat makes the Indian currency more vulnerable than some of its Asian peers is the country’s reliance on imported energy and its ripple eff...
Indian rupee gains as oil comes off; inflows, RBI intervention in focusThe Indian rupee experienced a slight upturn on Tuesday, buoyed by the prospect of improved diplomatic relations between the U.S. and Iran,...
Dollar firmer as US-Iran conflict intensifies, Brent hits $90The dollar strengthened against global peers as Middle East tensions escalated. Oil prices surged and investor confidence remained fragile ...
Long-term investment case for India remains very strong: Kevin Foley, co-head of global investment banking at J.P. MorganJ.P. Morgan identifies India as a priority market due to its strong economic growth. The firm is expanding its local investment banking tea...
Rupee closes at 96.28 vs USD; logs sharpest weekly drop since May as oil price jump stingsThe Indian rupee faced its most significant weekly drop since May, driven by rising oil prices and strong demand for the dollar. Increasing...
Dollar set for weekly drop as traders cut wagers on rate hikesThe dollar held steady on Friday, facing a weekly decline after softer U.S. inflation data. Traders reduced bets on imminent Federal Reserv...
India, UAE central banks said to hold talks on FX deposit issuesIndia and the UAE central banks have discussed regulatory hurdles affecting India's drive to attract foreign-currency deposits from NRIs in...
Rupee edges higher; options market gauge turns most bearish in over a monthThe Indian rupee strengthened modestly on Wednesday against the U.S. dollar. Easing U.S. Federal Reserve rate hike bets supported the rupee...
Dollar struggles as softer inflation dims Fed hike betsThe dollar weakened significantly after softer inflation data emerged on Wednesday. This data curbed expectations for an immediate Federal ...
Rupee slides past 96/USD to one-month low as oil climbs; RBI likely intervenesOn Tuesday, the Indian rupee fell to its lowest level in over a month, influenced by soaring oil prices and ongoing tensions in the Middle ...
India draws nearly $10 billion under RBI's overseas deposit drive to support rupee: ReportIndia has attracted about ten billion dollars through a special deposit program. This initiative aims to bolster foreign exchange reserves ...
US Stock Market: Dollar rally gains support as global pension funds unwind FX hedges, easing pressure on greenbackMajor pension funds are reducing currency hedges, which supports the U.S. dollar's rally. This shift occurs as hedging costs rise due to wi...
Dollar steady before US inflation data, yen under pressureThe dollar remained steady as traders awaited United States inflation data. Middle East tensions caused oil prices to increase significantl...
How to strengthen Indian rupee without a rate hikeThe Indian Rupee has depreciated significantly against the US Dollar since early 2025. Measures were introduced to boost capital inflows an...