Banks seek RBI relief, clarity on India's latest rupee-defence measures: ReportBanks have approached the Reserve Bank of India to request changes to the 20% cash deposit mandate. They propose that a flat charge replace...
Rupee ends flat as RBI intervention, portfolio flows blunt Fed hike impactThe Indian rupee stayed stable against the dollar on Thursday, bolstered by anticipated central bank interventions and equity index rebalan...
Rupee seen in 94.50-96.50 range as RBI steps up interventionThe rupee is expected to trade within a narrow range over the medium term. Stepped-up Reserve Bank of India interventions have helped curb ...
Dollar near two-week high as Warsh boosts rate-hike bets; yen slips past 160On Monday, the dollar maintained its strength close to a two-week peak, fueled by expectations of a rate hike in September following assert...
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...
'It's a Carry World': EM trade notches longest run since 2008The carry trade landscape in emerging markets is shining brightly, leading to remarkable returns for investors. This approach, which entail...
Yen and dollar drift on Iran deal concerns, payroll jittersOn Thursday, currency markets exhibited a sense of caution as traders monitored impending economic data. The Japanese yen battled to uphold...
Yen holds gains after Japan, US confirm joint intervention, signal more actionJapan and the United States intervened jointly to support the Japanese yen currency. This rare action aimed to prevent further declines and...
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...
As PM Modi calls for conserving FX, what steps can India take?India's Prime Minister Narendra Modi calls for conserving foreign exchange due to rising oil prices and a weakening rupee. The nation is ex...
Rupee breaks 94 as oil surge deepens sentiment hit from RBI FX curb relaxationThe Indian rupee weakened significantly against the US dollar on Thursday due to rising oil prices. The currency touched its lowest point i...
Rupee touches one-week high on report of RBI plan to ease oil refiners' dollar bidsThe rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on t...
Rupee edges higher as optimism over Iran peace deal firmsThe Indian rupee closed slightly stronger on Thursday on growing optimism over a potential deal to end the Iran war, which kept oil prices ...
Indian companies' $7 billion NDF hoard shows firms seized rupee arbitrage windowIndian companies rushed to the non-deliverable forwards market, trading over seven billion dollars on March 30. This surge followed Reserve...
India FX curbs soften pressure on rupee even as offshore influence lingers, Axis' Gambhir saysThe Reserve Bank of India has tightened foreign exchange rules to shield the rupee from offshore market pressures, including capping banks'...
Rupee recovers early losses; gains 9 paiseLast week’s, data showed FX reserves dropped by $5.14billion.
Why Rajan shouldn't go for monetary tighteningDeutsche says there's a possible trade-off between currency stability & growth. Given this, RBI may have to follow up its July tightening m...