Numbers Boost: FCNR-B inflows help banks cut expensive bulk depositsIndian banks are actively reducing costly bulk deposits after strong foreign currency inflows. This strategy helps optimize funding costs a...
31 Aug, 2026, 12.53 AM IST
Currency hedging to add 6-8% to green project financing costs: CII-IIMA reportCurrency hedging could increase India’s green project financing costs by 6–8% annually, potentially deterring global institutional investor...
29 Aug, 2026, 12.51 PM IST
At $729 billion, India's forex kitty a recordIndia's foreign exchange reserves achieved a historic high of $729.3 billion by August 21, fueled by substantial NRI deposits under a speci...
29 Aug, 2026, 09.25 AM IST
India to pitch central bank digital currencies to BRICS partners at meetThe global grouping celebrates 20 years at the New Delhi summit on September 12-13. A high-level meeting would be held next week to thrash ...
29 Aug, 2026, 05.31 AM IST
Bank credit, deposits decline in fortnight ended August 15: RBI dataBanking sector saw deposits withdrawn and credit outstanding decrease in the fortnight. Banks are not renewing bulk deposits, opting for fo...
28 Aug, 2026, 06.28 PM IST
RBI is showing up whenever rupee weakens in intervention shiftIndia's central bank is intensifying efforts to support the rupee. Foreign deposit inflows have bolstered the Reserve Bank of India's inter...
27 Aug, 2026, 06.42 PM IST
Dollar near eight-day high as US data lifts Fed hike betsThe dollar showed a minor uptick following U.S. inflation figures that aligned with forecasts for an impending Federal Reserve rate increas...
27 Aug, 2026, 07.20 AM IST
Global Market: Japanese businesses turn to currency hedging as weak Yen drives up import costsJapanese businesses are increasingly turning to longer-term supplier agreements and currency hedging as the yen’s prolonged weakness raises...
26 Aug, 2026, 11.16 PM IST
NRI deposit inflows dip 23%; FCNR draws 124% moreNon-resident Indian deposits saw a significant year-on-year decrease in the first quarter. However, overall outstanding NRI deposits experi...
26 Aug, 2026, 07.44 PM IST
Global Market: Mexico’s ‘Super Peso’ rally puts exporters under pressureMexico’s peso has emerged as one of the strongest-performing emerging-market currencies in 2026, strengthening past 17 per dollar despite w...
26 Aug, 2026, 03.03 PM IST
Dollar moves in a narrow range ahead of inflation data, Jackson HoleIn Asian markets, the dollar held steady as traders looked ahead to crucial inflation reports, particularly the US PCE data set to be relea...
26 Aug, 2026, 07.21 AM IST
Japanese financial institutions flag currency fluctuationsJapanese financial institutions noted currency fluctuations and policy issues affecting investment decisions. They expressed confidence in ...
26 Aug, 2026, 01.23 AM IST
Oil fall lifts rupee to over one-week high after central bank keeps lid on lossesThe Indian rupee surged to a one-week peak on Tuesday, empowered by the recent dip in oil prices alongside measures taken by the central ba...
25 Aug, 2026, 03.47 PM IST
RBI’s great dollar haul: Where are the $73 billion going?India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹...
25 Aug, 2026, 02.33 PM IST
Iran's currency rial hits record low as US plans more sanctionsIran's currency has plummeted to a staggering 2.02 million rials against the US dollar, reflecting deepening economic strain as Washington ...
24 Aug, 2026, 06.57 PM IST
Interventions hold rupee on narrow leash, traders await US sanctions on IranThe Indian rupee showed little movement on Monday, remaining steady in a limited range due to ongoing central bank actions. Market particip...
24 Aug, 2026, 03.55 PM IST
Iran’s rial plunges past 2 million per dollar as Trump unleashes ‘crushing economic operation’Iran’s rial has fallen to a record low, crossing 2 million per dollar on the unofficial market as US President Donald Trump escalates press...
24 Aug, 2026, 02.35 PM IST