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Why is RBI now cutting down its $100 billion short dollar forward position; how will it impact Rupee?The Reserve Bank of India is carefully unwinding its large bearish dollar position. This move aims to support the rupee without causing mar...
FM Sitharaman to meet PSB chiefs to review foreign currency deposit driveFinance Minister Nirmala Sitharaman will meet public sector bank chiefs Monday. They will review efforts to attract foreign currency deposi...
PFC raises USD 300 mn via bonds carrying floating interest rates
FM Nirmala Sitharaman to meets heads of PSU banks on Mon, review foreign currency deposit mobilisationFinance Minister Nirmala Sitharaman will meet public sector bank heads on Monday. The meeting will review progress on attracting foreign cu...
Rupee little changed as traders tread gingerly with eye on oil, dollarThe Indian rupee traded narrowly on Friday, supported by a softer dollar and stable oil prices. Asian currencies and regional stocks saw ga...
RBI faces $100 billion challenge after record currency defenseRBI faces a challenge unwinding its large bearish dollar bets. The central bank has begun trimming its massive short dollar forward positio...
As West Asia boils again, RBI likely to assess FCNR flowsThe Reserve Bank of India will review foreign currency deposit inflows next week. This meeting follows rising Middle East tensions and pote...
RBI intervention, oil price dip help rupee edge modestly higherThe Indian rupee closed stronger on Thursday, supported by central bank intervention. Lower oil prices also helped soothe Indian equities a...
Sebi amends rule for foreign investors, directs registration fee payment in Indian rupeeSebi has announced a modification to its foreign investor registration fees, shifting to a rupee-based model effective in six months. This ...
FCNR(B) FD vs NRE FD: Where can NRIs earn more on $50,000 investment? Compare returns, currency risk and tax benefitsNon-resident Indians (NRIs) and overseas citizens of India (OCIs) can consider investing in FCNR(B) and NRE fixed deposits to achieve relia...
How to strengthen Indian rupee without a rate hikeThe Indian Rupee has depreciated significantly against the US Dollar since early 2025. Measures were introduced to boost capital inflows an...
Rupee closes at 94.96 vs USD, logs best day in three weeks on NDF dollar sales, bailing shortsOn Tuesday, the Indian rupee experienced its most significant one-day increase in three weeks, driven by heightened dollar selling activity...
Rupee hits three-week low at 95.39 vs USD as firmer dollar, NDF maturities pinchThe Indian rupee touched a three-week low against the dollar on Monday, influenced by a stronger greenback and demand for foreign currency....
Rupee closes at 95.21 vs USD, falls on-week as merchant, NDF-linked flows blunt dollar retreatThe Indian rupee experienced a slight uptick on Friday, yet ended the week on a weaker footing due to overwhelming dollar demand driven by ...
NRIs looking to park your dollars? Ujjivan SFB offers 7.5%, DBS up to 5.6% on FCNR depositsBanks are raising returns on FCNR(B) deposits after the RBI eased norms to attract foreign currency inflows. Ujjivan Small Finance Bank now...
Rupee bounce fizzles as RBI intervention thins, arbitrage flows pick upThe Indian rupee reversed early gains on Thursday, succumbing to dollar demand from arbitrage trades as central bank intervention eased. Af...
Rupee falls 6 paise to close at 94.73The Indian rupee weakened by six paise against the US dollar on Tuesday, closing at 94.73. This dip was primarily driven by a surge in the ...