Searched for
RUPEE NDF PREMIUM
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...
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...
Rupee falls 36 paise after RBI rolls back some forex curbsThe currency had closed Monday at 93.13/$. The rollback came after markets ended trading Monday. Bank treasury heads said they remain cauti...
Volatility expectations, hedging costs ease as Mideast hopes bolster RBI's rupee stepsPositive developments in U.S.-Iran peace talks and the Reserve Bank of India's recent measures are easing pressure on the Indian rupee. Hed...
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...
Banks exit bulk of India rupee arbitrage positions ahead of RBI deadline, sources sayBanks have largely exited Indian rupee arbitrage trades, complying with the Reserve Bank of India's $100 million net open position limit. T...
Rupee logs biggest gain in 12 yearsThe Indian rupee saw a strong surge on Thursday, gaining nearly 1.8% against the dollar. This appreciation followed new regulations by the ...
RBI tightens forex derivatives norms to steady rupee amid volatilityThe Reserve Bank of India has tightened foreign exchange rules. Banks can no longer offer non-deliverable forward contracts to clients. Thi...
RBI says banks cannot offer NDF contracts as its tightens forex normsThe Reserve Bank of India has tightened foreign exchange rules. Banks can no longer offer non-deliverable forward contracts involving the r...
RBI should use forex reserves to prop up rupee: SBI reportThe Reserve Bank of India should use its substantial foreign exchange reserves to stabilize the Indian Rupee. A report from SBI suggests th...
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...
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...
Bank stocks fall up to 3% as RBI forex clampdown sparks Rs 4,000 crore loss fearsBanking stocks fell up to 3% after RBI imposed stricter forex position limits, raising concerns over potential mark-to-market losses of Rs ...
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...
Currency futures, NDF-related dollar buying pushes rupee to 85.50The Indian rupee fell to a lifetime low of 85.50 against the U.S. dollar due to high dollar demand from maturing non-deliverable forwards a...
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...
RBI asks banks to stop building positions in offshore market, say bankersThe RBI's informal communication to local bankers is a step back from the directions it issued in June 2020, when it allowed banks operatin...
Strong co-relation between NDF markets & spot rupee, admits RBIThe NDF market is outside RBI's regulatory jurisdiction and till now only South Korean central bank has intervened in the NDF market to def...
Onshore, offshore Re arbitrage trade slagsThe arbitrage window between the onshore and offshore rupee has come down substantially from over Re 1 last month to around Re 0.40-0.50 ra...
- Re options turn costly as premia jump four times
Increased volatility in the spot rupee market has made it more expensive for banks and exporters to pick up rupee options. Option premia ha...