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FOREIGN EXCHANGE RESERVE
Rupee falls 21 paise to 94.71 against US dollar in early tradeThe rupee depreciated 21 paise to 94.71 against the US dollar due to the US Federal Reserve's hawkish stance and a strong dollar index. Asi...18 Jun, 2026, 12.01 PM IST- RBI temporarily eases FCNR(B), NRE deposit rate norms to attract overseas fundsThe Reserve Bank of India has eased interest rate rules for overseas deposits. This allows banks to offer better returns on FCNR(B) and NRE...17 Jun, 2026, 07.58 PM IST
- FEMA probe against Apollo Hospitals, 5 directors closed after compounding order: EDA foreign exchange violation case against Apollo Hospitals and five directors has been terminated. The Reserve Bank of India issued a compo...17 Jun, 2026, 06.41 PM IST
- RBI opens listed Indian equities for foreign investorsThe Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. T...16 Jun, 2026, 11.14 AM IST
- RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...16 Jun, 2026, 07.00 AM IST
- India posts $4.7 bn current account surplus in April; FPI outflows hit $8.7 bnIndia achieved a current account surplus of $4.7 billion in April 2026. This positive development occurred even with a larger merchandise t...15 Jun, 2026, 05.58 PM IST
- Rupee hits five-week high after oil plunges; traders eye further rallyThe Indian rupee strengthened against the U.S. dollar for a second day. This rise follows a drop in oil prices and measures by the Reserve ...15 Jun, 2026, 03.57 PM IST
- Volatile crude prices, forex swings and poor rains pose challenge for India: FM SitharamanIndia's Finance Minister Nirmala Sitharaman highlighted significant economic challenges. These include fluctuating foreign exchange and cru...15 Jun, 2026, 10.46 AM IST
- Rupee rises 58 paise to 94.60 against US dollar in early tradeThe Indian Rupee strengthened significantly against the US Dollar on Monday. This surge followed the announcement of a peace deal between t...15 Jun, 2026, 09.56 AM IST
- FCNR(B): Revisiting a proven crisis management toolFacing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflow...13 Jun, 2026, 12.21 PM IST
- Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflowsIn an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...13 Jun, 2026, 11.32 AM IST
- India has capacity to repay 94% of its foreign debt in a single day, says Devendra FadnavisMaharashtra CM Devendra Fadnavis dismissed economic slowdown fears, stating India can repay 94% of foreign debt in a day and has reserves f...13 Jun, 2026, 09.03 AM IST
- Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...12 Jun, 2026, 04.34 PM IST
- Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...11 Jun, 2026, 01.22 PM IST
- India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...10 Jun, 2026, 01.26 PM IST
- Rupee gains as oil retreat soothes, inflow expectations erode weakening biasThe Indian Rupee strengthened on Tuesday due to falling oil prices. Regulatory measures are expected to reduce India's balance of payments ...09 Jun, 2026, 03.56 PM IST
- India's forex reserves rise $938 million to $682 billion despite RBI's $5 billion swapIndia's foreign exchange reserves saw a slight increase of $938 million, reaching $682 billion by May 29. This rise occurred despite a sign...06 Jun, 2026, 01.13 AM IST
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