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RBI INTERVENTION FOREX MARKET
Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflowsIn an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...
Indian rupee also gains big against the US dollarIn a remarkable turn of events on Friday, the Indian rupee surged against the US dollar, largely due to a significant decrease in crude oil...
RBI pushes banks to bring more dollars homeThe push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...
India's forex reserves drop $711 million to $681.610 billion, RBI data showsIndia's foreign exchange reserves saw a dip of $711 million, settling at $681.610 billion by June 5. This decline was primarily driven by a...
ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
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...
Gift Nifty signals a negative start; here's the trading setup for the dayNifty closed flat on Wednesday as easing crude prices boosted domestic consumption stocks and defensive sectors. Investor sentiment is stab...
RBI's measures may attract USD 60-70 billion foreign capital, support rupee: India RatingsNew measures by the RBI and government aim to attract foreign capital. These steps are expected to bring in USD 60-70 billion. This influx ...
Prop traders seek relief on margin funding as global rivals up gameIndian market participants are calling for a fresh look at margin funding policies, aiming for adjustments from the central bank. The propo...
RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
RBI ramped rupee defense to record before government bazookaThe Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the rupee. This sig...
GIFT Nifty falls over 300 pts; here's trading setup for the dayIndian stock markets are set for a range-bound week. Investors are reacting to the RBI's updated economic forecasts and growing global risk...
RBI MPC key takeaways: Here are the major announcements by Governor Sanjay Malhotra on GDP, inflation and repo rateRBI Monetary Policy Committe 2026 key takeaways: The Reserve Bank of India has maintained its key repo rate at 5.25%. The central bank also...
Rupee dips; RBI-led relief may fade without inflow measures, bankers sayThe Indian Rupee declined on Thursday, continuing a two-day fall. Weaker Asian currencies and importer hedging impacted the Rupee. The Rese...
RBI likely intervenes to limit rupee's fall: TradersThe Indian central bank likely stepped into the foreign exchange market on Wednesday. This action aimed to curb the rupee's decline. Renewe...
RBI may have sold gold to save foreign reserves, BE report showsThe RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid ...
RBI books ₹1.69 lakh crore forex gains amid record dollar salesThe Reserve Bank of India earned ₹1.69 lakh crore from foreign exchange transactions in FY26, up 52% from the previous year, as it sold a r...