The Indian rupee faced pressure on Monday. Corporates exploited arbitrage opportunities between onshore and non-deliverable forward markets...

The Indian Rupee saw a strong rebound on Monday. This surge followed new regulations from the Reserve Bank of India. Banks now face tighter...

The Indian rupee is expected to rally as the Reserve Bank of India imposed curbs on onshore position limits, requiring banks to cap net ope...

The Reserve Bank of India increased its NDF market intervention. This action aimed to stop rupee depreciation. The rupee hit a record low a...

The 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...

The currency rose to a two-week high of 86.47 in early hours of trading. The Reserve Bank of India likely intervened in the NDF segment, be...

The 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...

The RBI's informal communication to local bankers is a step back from the directions it issued in June 2020, when it allowed banks operatin...

The differential between one-month onshore and offshore forwards trade is now less than a paise, which would have been about four-five pais...

The NDF market essentially permits investors to trade in non- or partially convertible currencies (such as the Indian rupee) with the settl...

In the past, experts have expressed concern about the NDF market - till now inaccessible to Indian banks - as among the measures which driv...

When the spread widens beyond its average, entities straddling both the markets can simply buy dollar futures here and sell them on the NDF...

Foreign portfolio investors, or FPIs, the largest investors in Indian stocks, who largely cover their currency risk in overseas markets, wi...

The government wants to kill the rupee NDF market - where contracts in the currency worth billions of dollars are traded every day.

NDF is a forex derivative instrument, traded over-the-counter and operated in currencies that are freely convertible unlike the rupee.

The NDF market is outside RBI's regulatory jurisdiction and till now only South Korean central bank has intervened in the NDF market to def...

The rupee has plunged nearly 21 per cent so far this fiscal and it touched a new low of 65.56 to the dollar in early trade today.