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RBI FOREX INTERVENTIONS
India should let rupee find its own level: Uday Kotak calls for focus on competitiveness, innovationUday Kotak stated that the rupee should be allowed to find its own level without government interference. He noted that the strength of the...
SBI Research calls for abolition of LTCG tax on equities to boost foreign capital inflowsAccording to SBI Research, removing the long-term capital gains tax on equities could revitalize investment levels. The report emphasizes e...
Rupee rebounds nearly 1% after RBI moves to curb speculative tradesThe rupee rebounded nearly 1% to 95.77 per dollar on Monday after the RBI announced measures to curb speculative currency trades. A special...
RBI measures, intervention spark rupee's sharpest rally in six monthsOn Monday, the Indian rupee gained about 1% after the Reserve Bank of India announced measures to curb dollar demand. Oil companies' dollar...
Rupee rises to intra-day high, then slips on dollar demandThe Indian rupee gained marginally, closing at 96.73 against the dollar on Friday after interventions. The Reserve Bank of India sold dolla...
Rupee recovers to 96.73 vs US dollar after RBI intervention, but dollar demand persistsThe rupee edged up to 96.73 per dollar after heavy RBI intervention helped it recover intraday. Persistent corporate dollar demand, a 7% ye...
Rupee rises 10 paise to 96.65 against US dollar in early tradeOn Thursday, the rupee saw a slight uptick, gaining 10 paise to settle at 96.65 against the US dollar. This increase emerged amidst tough e...
India's forex reserves fall $18.3 bn as RBI steps in to defend rupeeIndia’s foreign exchange reserves fell $18.34 billion to $747.56 billion in the week ended September 25, marking the third consecutive week...
Rupee breaches 96 per dollar as oil surge stokes pressure; RBI intervention limits fallThe Indian rupee breached the 96-per-dollar mark for the first time since July as surging crude oil prices and a firm dollar weighed on the...
Rupee slips toward 96 vs US dollar as crude, yields and stocks weigh on currencyThe rupee weakened 0.2% to 95.9825 against the dollar, pressured by surging crude oil prices, US bond yields and a sharp equity sell-off. R...
Rupee pinned just shy of 96/USD as RBI intervention counters oil woesThe Indian rupee experienced a slight dip as surging oil prices emerged from stalled diplomacy between the US and Iran. With escalating ten...
Indian rupee, bonds vulnerable to oil pangs on waning Iran diplomacy hopesThe Indian rupee and government bonds are set to face challenges as oil prices climb. Global bond yields have surged to multi-year peaks, c...
Rupee's likely to slip despite RBI push for stabilityThe rupee could decline to 96-97 per dollar by the end of FY27 due to several factors. Persistent outflows from Indian financial assets and...
Rupee likely to trade in Rs 94.5-96 range in near term as dollar inflows fail to lift currency: ReportThe rupee is expected to fluctuate between Rs 94.5 and Rs 96 against the US dollar in the short term. Despite significant dollar inflows vi...
Rupee gains 15 paise to 95.81 against dollar, likely helped by RBI interventionMarket participants said large public sector banks were seen selling dollars at the behest of the Reserve Bank of India (RBI) in a market w...
Explained: What really drives the rupee? Decoding the forces behind currency movesThe rupee’s decline over the past four years reflects a complex interplay of fundamentals, RBI intervention and market sentiment. A Bank of...
RBI warns banks against a loan price warIn situations where banks are inundated with liquidity, the natural tendency among many lenders is to push loans and go down the credit mat...