Rupee gains sharply as oil slides, NDF dollar selling gathers paceThe Indian rupee turned sharply higher on Thursday afternoon, boosted by a slump in crude oil prices, with stop-losses on short rupee wager...
07 May, 2026, 04.10 PM IST
Rupee falls with oil-sensitive Asia FX, central bank likely steps inThe Indian rupee weakened alongside other oil-sensitive Asian currencies, with expectations of central bank intervention to curb volatility...
22 Apr, 2026, 11.05 AM IST
Global banks play hedge card after RBI blow on rupee betsForeign banks are reportedly reclassifying arbitrage deals, impacted by RBI's rupee speculation clampdown, as hedges for capital from overs...
13 Apr, 2026, 06.49 AM IST
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...
07 Apr, 2026, 07.49 AM IST
RBI moves to curb rupee volatility after sharp FY26 slideThe Reserve Bank of India is tightening oversight of foreign-exchange markets and non-deliverable forward (NDF) norms to curb rupee volatil...
07 Apr, 2026, 06.06 AM IST
Banks seek RBI clarity on forex hedge curbs, warn rules may hit genuine trade flows amid delaysBanks are urging the Reserve Bank of India for clarity on forward contract rules. Recent RBI directives aimed at curbing speculation could ...
06 Apr, 2026, 12.49 AM IST
Defending the rupee: Understanding the RBI’s new rules. Will they work?The RBI’s measures to defend the rupee have had their desired effect, with the Indian currency staging a smart recovery. But do these measu...
03 Apr, 2026, 03.30 PM IST
RBI curbs widen dollar-rupee forwards-NDF spreadThe Reserve Bank of India has banned banks from offering or rebooking rupee non-deliverable forward contracts. This move widens the gap bet...
03 Apr, 2026, 09.16 AM IST
Why RBI is clamping down on FX arbitrageIndia's central bank has deployed crisis-era measures to stabilize the rupee, which hit an all-time low due to soaring oil prices and massi...
02 Apr, 2026, 12.36 PM IST
NDF difference swings as banks stay away from usual forex betsNew RBI curbs on net open rupee positions created volatility in dollar-rupee forwards. Initially, the gap between domestic and overseas rat...
31 Mar, 2026, 07.01 AM IST
Rupee hits 94: Abhishek Goenka on the $30 billion unwind that could keep the currency under pressure for daysThe Reserve Bank of India's intervention to curb arbitrage trades has triggered a disorderly unwinding of bank positions, causing the rupee...
30 Mar, 2026, 04.48 PM IST
Rupee-NDF premium up after RBI moveBanks scrambled to adjust positions Monday after the RBI's new $100 million cap on net open rupee exposure. This directive forced them to u...
30 Mar, 2026, 11.02 AM IST
Rupee rallies 1% to 93.85 vs USD after RBI caps banks' FX positionsThe Indian Rupee saw a strong rebound on Monday. This surge followed new regulations from the Reserve Bank of India. Banks now face tighter...
30 Mar, 2026, 09.27 AM IST
RBI's currency defence could leave banks paying the priceReserve Bank of India has introduced a bold new daily limit on the open rupee positions held by banks, aiming to counteract the rupee's wea...
30 Mar, 2026, 07.02 AM IST
Rupee seen bouncing up as RBI extends safety net belowThe Reserve Bank of India has issued a new directive to banks. This rule limits their net open positions in the rupee to $100 million daily...
30 Mar, 2026, 06.09 AM IST
Banks seek relief on new forex cap amid loss riskBanks have urged the Reserve Bank of India to reconsider its $100 million net open foreign exchange position cap, warning of significant ma...
29 Mar, 2026, 01.42 PM IST
- Companies, banks cash in on Re slide
Corporates and institutions, which have the wherewithal and flexibility, have profited by buying the dollar in India and selling it abroad....
15 Sep, 2008, 05.02 AM IST