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MUMBAI INTERBANK
RBI tightens norms on net open positions to curb rupee’s slideThe Reserve Bank of India has set a new limit for banks on their foreign currency dealings in the rupee. This move aims to control speculat...
RBI asks banks to ensure complete move away from LIBOR by JulyThe complete transition from LIBOR is a significant event in the global financial markets which requires continued attention from all stake...
RBI asks banks to ensure complete transition from LIBOR by JulyThe Reserve Bank of India said banks should ensure no new transactions are linked to LIBOR or the local equivalent - the Mumbai Interbank F...
BSE gets nod to launch interest rates futures on overnight MIBORMIBOR rate is based on trade-weighted interbank call money transactions on the Negotiated Dealing System call platform of CCIL between 9 am...
Rupee rises for 7th day, spurts 77 paise to 70.69 vs USDThe forex market remained shut Wednesday on account of Eid-e-Milad.
India readies daily benchmark gauges for rates“FBIL will start publishing the MIBOR-OIS rates with effect from 2nd April 2018,” FBIL said in a release.
Financial Benchmarks India Pvt Ltd to begin setting overnight benchmark ratesThe FBIL also proposes to take over administration of forex benchmarks and other Indian Rupee interest rate benchmarks over a period of tim...
Inter-bank call money rate surged to double the level of benchmark repo rateDealers declined to call it liquidity stress, thanks to the Reserve Bank of India’s active liquidity management with term repo auctions and...
- Rupee snaps 2-day losing streak; up 18 paise vs dollar
Snapping its two-day losing streak, the rupee today recovered by 18 paise to 52.50 against the US dollar in late morning trade on fresh sel...
- Rupee ends up 5 paise Vs dollar at 50.12
Recovering from its early losses, the rupee closed marginally higher by 5 paise at 50.12 against the US currency on fag-end selling of doll...
- RBI asks banks to ensure companies be disallowed from borrowing more than limits
Banking regulator has recently asked banks to ensure that borrowers be disallowed from borrowing more than their fund-based limits.
- Rupee down 65 paise Vs dollar; closes at 28-month low
The rupee closed in on the psychological 50-level mark as it plunged 65 paise to settle at 49.80/81 against the US currency.
- Rupee down 35 paise at 49.29/30 on fresh dollar demand
Rupee today closed at a week's low of 49.29/30 after losing 35 paise against the US dollar amid fresh dollar demand from importers.
- Rupee rises for 3rd session; up 18 paise Vs dollar
Rupee rose for the third straight session on Monday appreciating further by 18 paise to close at the one-week high of 48.97/98 against doll...
- Rupee jumps 32 paise against dollar on fund inflows
The rupee soared by 32 paise to 48.75/76 against the US currency on dollar selling by exporters and some corporates.
- Rupee gains 11 paise against dollar on firm equities
The rupee on Monday gained 11 paise to close at 44.07/08 against the US currency on fresh dollar selling by exporters and some banks.
- US dollar ends cheaper against Rupee
The US dollar ended cheaper against the rupee at Rs 44.43/44 per dollar and the Pound Sterling also finished lower at Rs 70.98/71.00 per po...