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NDF MARKET INTERVENTION
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...
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...
Biggest currency clampdown in decade risks backfiring for IndiaIndia's Reserve Bank of India has intervened to support the rupee, forcing local banks to unwind bearish bets. This move, while strengtheni...
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...
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...
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...
Rupee crashes past 95/$, logs worst annual fall in 14 yearsThe Indian Rupee experienced a significant drop, breaching the 95 per dollar mark. This marked the steepest decline in 14 years, with the l...
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...
Explained: How RBI’s safety net to protect falling rupee could mean Rs 4,000 crore shock for banksThe Reserve Bank of India has stepped in to halt the rupee's fall. This move forces banks to unwind dollar positions, potentially leading t...
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...
RBI intensifies intervention in offshore market to stabilize rupee amid tariff pressuresThe Reserve Bank of India increased its NDF market intervention. This action aimed to stop rupee depreciation. The rupee hit a record low a...
RBI likely spent $6B offshore in two weeks to boost RupeeThe Reserve Bank of India (RBI) has likely intervened in the offshore rupee market with an estimated $5-$6 billion in the past two weeks to...
India's RBI asks banks to stop building positions in offshore market- BankersThe build-up of positions in this segment of the market is forcing the RBI to spend more reserves to defend the rupee, one of the bankers s...
Rupee Rout: How RBI gains from narrowing arbitrage opportunityThe differential that used to be as high as 40 paise has shrunk to about 5 paise as domestic banks that could trade in the non-deliverable ...
RBI takes futures, NDF route to protect Rupee, forex stockpileThe central bank is said to have sold dollars in the futures market and the offshore non-deliverable forwards (NDF) markets to prevent a dr...
RBI sold $500 million in NDF market to keep rupee stableThe RBI may have executed the transactions through the Bank of International Settlements, the global apex central bank.
Punters exploit spread between Re futures, non deliverable forwardsWhen the spread widens beyond its average, entities straddling both the markets can simply buy dollar futures here and sell them on the NDF...
Overseas rupee bets influencing forex rateAccording to RBI, speculation in the NDF markets for the rupee is now exerting an increased influence in domestic currency markets through ...
Government readies to fight Rupee battle abroad, works out plan to take on offshore currency puntersInternational banks, MNCs, hedge funds & business houses bet on the rupee in S'pore, London & New York to make a choppy FX market in India ...
- Widening NDF spreads play spoilsport for currency traders
Widening bid-ask spreads on the NDF market have reduced the possibility of currency traders squaring-off positions on an intraday basis. Ba...