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INDIAN RUPEE FOREIGN INFLOWS
Barclays sees RBI holding rates in Aug policy as FCNR(B) inflows ease rupee concernsIn the forthcoming monetary policy meeting, the Reserve Bank of India is likely to maintain the current interest rates. The recent surge in...
Rupee logs best day in over 6 weeks as RBI intervention magnifies oil slump impactOn Monday, the Indian rupee experienced its most remarkable trading day in over six weeks, thanks to decisive actions from the central bank...
Foreign capital inflows hit $32 billion as FCNR(B) deposits break 2013 recordIndia has attracted nearly $32 billion in foreign capital since the RBI announced special inflow measures on June 5, Governor Sanjay Malhot...
AU Small Finance Bank raises NRI deposit rates by 30-60 basis pointsAU Small Finance Bank has increased its non-resident deposit rates by up to sixty basis points. The bank raised its peak interest rate on F...
India may see up to $85 billion in forex inflows after RBI's FCNR move: ReportIndia anticipates substantial Foreign Currency Non-Resident deposits, possibly reaching eighty to eighty-five billion dollars. Public secto...
Rupee nears record low amid rising oil prices and geopolitical risksThe Indian rupee is nearing a record low against the dollar this week. Elevated oil prices and geopolitical tensions are increasing pressur...
RBI, govt measures could turn India's balance of payments surplus, ease pressure on rupee: HDFCRecent policy measures may shift India's balance of payments to a surplus. These actions aim to attract significant capital inflows and str...
Forex reserves up by $1 billion to $676 billionMarket participants expect the reserves to rise going ahead as inflows from the foreign currency non resident bank FCNR(B) deposits start t...
UAE’s top bank to offer $1.5 billion for NRIs investing in RBI's forex deposit programFirst Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit sche...
FAR bonds lose their pull as tailwinds fadeForeign inflows into Indian government securities have begun to slow down. This moderation follows a strong surge in June driven by index i...
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...
RBI likely used dollar deposit surge to cut record FX forward book, economists sayReserve Bank of India likely used deposit inflows to reduce its forward book. This action helped the central bank manage its near-term doll...
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...
Rupee rallies 21 paise to 96.24 against US dollar on lower oil prices and forex inflowsThe rupee strengthened by twenty-one paise, closing at ninety-six point twenty-four on Tuesday. Lower oil prices reduced demand for the US ...
Rupee value is market-driven, has no target band against US dollar: FM SitharamanFinance Minister Nirmala Sitharaman stated the rupee's value is market-determined. The Reserve Bank of India monitors foreign exchange mark...
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,...
Rupee firms as oil retreats, traders gauge flow momentum under RBI measuresThe Indian rupee strengthened on Tuesday, benefiting from falling oil prices. Optimism over potential mediation in the U.S.-Iran conflict a...
India bonds steady after swinging with oilOn Monday, Indian government bonds remained stable as crude oil prices dipped, driven by renewed optimism surrounding U.S.-Iran negotiation...
India 10-year bond slumps to lowest in nearly a month as Middle East oil risks heat upIndian government bonds experienced a significant decline early Monday. Escalating U.S.-Iran tensions pushed oil prices higher, impacting t...
NRIs can bring USD 70-80 bn into India through FCNR deposits: ExpertNon-Resident Indians can bring seventy to eighty billion US dollars into India. This inflow is possible through the ongoing FCNR initiative...