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INDIAN RUPEE FORWARD PREMIUMS
Banks pay 7% on dollar deposits as India seeks fresh foreign currencyIndian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...
RBI likely intervenes to support rupee, conducts swaps, traders sayThe Indian central bank likely intervened in the foreign exchange market on Wednesday to bolster the rupee, as maturing non-deliverable for...
FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
Analysts see RBI measures steadying rupee, push back depreciation forecastsThe Indian rupee strengthened as falling crude oil prices and central bank measures to attract dollar inflows bolstered sentiment. Analysts...
BMW Group India to hike prices by up to 2 pc across BMW, MINI vehicle portfolios from July 1BMW Group India announced a price increase for its BMW and MINI vehicles. Prices will go up by up to 2 percent starting this July 1. This c...
RBI may need to absorb at least half of hedging cost to spur ECBs by PSUsThe Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps f...
Rupee posts biggest daily gain in 2 months, closes at 94.94 vs USD as RBI ramps up currency defenceThe rupee gained 0.9% to end at 94.9450 per dollar, its biggest gain since April 2. Forward premiums, the cost of hedging FX exposure, pl...
Currency, bond markets await RBI cues from MPC meetThe Indian rupee and benchmark bond yields traded narrowly on Thursday ahead of Friday's policy rate decision and potential currency suppor...
Tax-cut hopes lift Indian bonds but RBI hike fears loomReuters and local media reported that the government is considering scrapping the 12.5% capital gains tax on overseas investors and the 2...
Rupee closes at 95.78 vs USD ahead of crucial central bank rate reviewThe Indian rupee declined for a second day ahead of the Reserve Bank of India's monetary policy review, with traders anticipating measures ...
Rupee dips; RBI-led relief may fade without inflow measures, bankers sayThe Indian Rupee declined on Thursday, continuing a two-day fall. Weaker Asian currencies and importer hedging impacted the Rupee. The Rese...
RBI contains rupee's fall, shrinks dollar-rupee forward premiumsThe Indian rupee and dollar-rupee forward premiums declined as importer hedging, foreign portfolio outflows, and likely central bank interv...
PSB dollar sales help rupee close flat at 95The Indian rupee held steady against the dollar on Monday. State-run banks sold dollars, supporting the rupee. Foreign exchange markets are...
Record rupee fall puts corporate India under greater investor scrutinyThe rupee’s sharp depreciation, down about 10% against the dollar in the past year, has become a key concern during corporate earnings call...
Traders keep focus on oil prices, RBI moves as rupee treads waterThe Indian rupee remained stable on Wednesday, supported by central bank intervention in spot and forward markets. Dollar sales from state-...
Rupee's 3-day rally ends on Iran flare-upThe Indian rupee weakened to 95.68 against the dollar on Tuesday, breaking a three-day gaining streak. This decline was attributed to weake...
RBI's $5 billion FX swap subscribed nearly twice overThe swap comes at a time when the central bank continues to defend a rapidly weakening rupee by selling dollars from forex reserves. Such a...