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CURRENCY STRENGTHENING
Global Market Today: Asian stocks advance as oil slips, yen in focusAsian markets mirrored Wall Street's upward trend, with Japanese and South Korean indices on the rise. The yen's unexpected gains caught tr...
After 35 years, Japan's JCRA upgrades India sovereign rating to A- from BBB+Japan Credit Rating Agency has upgraded India's sovereign rating to A- after more than three decades. This upgrade recognizes India's solid...
India joins talks to set up SCO Development BankIndia is taking notable steps to establish a new SCO Development Bank, with member nations moving towards finalizing the foundational docum...
Record FCNR (B) inflows as banks mobilise $127 blnBanks mobilized over $127 billion from FCNR(B) deposits by August 31. Total dollar inflows reached $136.37 billion through special schemes....
Indian banks raise over $136 bn via RBI forex swap, FCNR(B) deposits dominate inflowsIndia's banking system attracted over $136 billion through a special Reserve Bank of India swap facility. Foreign currency non-resident dep...
Japanese Credit Rating Agency upgrades India’s sovereign rating to A- from BBB+Japanese Credit Rating Agency has upgraded India's sovereign rating to A- from BBB+. This upgrade reflects solid economic growth and effect...
Japan’s JCRA upgrades India’s sovereign rating to A-, cites strong growth, financial stabilityJapan Credit Rating Agency (JCR) has upgraded India’s sovereign rating by one notch to A- from BBB+, with a Stable outlook, citing sustaine...
RBI intervention, dollar flows push Indian rupee to two-month peakThe Indian rupee surged to a two-month peak against the U.S. dollar, buoyed by decisive central bank interventions and dollars flowing in f...
MCX logs record daily turnover of Rs 62.93 lakh crore amid strong activityMCX recorded its highest-ever daily turnover of Rs 62.93 lakh crore on August 28, driven largely by options activity across more than 3.13 ...
BRICS set to adopt framework for supply-chain cooperationIndia will chair the BRICS Summit, focusing on development and innovation. The summit will address resilient supply chains and promote trad...
Rupee gains this week as dollar supply surges ahead of deposit window's closeThe Indian rupee managed to finish higher on Friday, achieving a weekly upswing bolstered by a jump in dollar liquidity as a special deposi...
Global Market: South Korean shares fall as AI trade loses steam, investors eye Jackson HoleSouth Korean shares fell 1.07% on Friday, putting the Kospi on track for a second weekly decline as AI-trade enthusiasm weakened. Chip stoc...
RBI is showing up whenever rupee weakens in intervention shiftIndia's central bank is intensifying efforts to support the rupee. Foreign deposit inflows have bolstered the Reserve Bank of India's inter...
Global Market: Mexico’s ‘Super Peso’ rally puts exporters under pressureMexico’s peso has emerged as one of the strongest-performing emerging-market currencies in 2026, strengthening past 17 per dollar despite w...
RBI working to give banknotes in your pocket a longer lease on lifeThe RBI is exploring ways to extend the life of banknotes, including surface coatings and polymer notes for lower denominations, Deputy Gov...
Oil fall lifts rupee to over one-week high after central bank keeps lid on lossesThe Indian rupee surged to a one-week peak on Tuesday, empowered by the recent dip in oil prices alongside measures taken by the central ba...
RBI’s great dollar haul: Where are the $73 billion going?India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹...