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India’s 10-year bond yield hits 3-year high as RBI’s liquidity measure weighs on demandIndian government bonds extended losses on Monday, pushing the benchmark 10-year yield to a three-year high as the RBI’s latest liquidity-t...
Banks seek RBI relief, clarity on India's latest rupee-defence measures: ReportBanks have approached the Reserve Bank of India to request changes to the 20% cash deposit mandate. They propose that a flat charge replace...
Global Market: China's Yuan hovers near 3-1/2-year high as trade risks cloud outlookChina's yuan hovers near a 3-1/2-year high against the dollar as fading expectations of a US rate hike support the currency. However, trade...
Rupee stages stunning ₹1 comeback against dollar: What’s the RBI’s 4-step shock therapy and how long can it last?The Indian rupee gained against the US dollar after the Reserve Bank of India announced several intervention measures. These actions aimed ...
Rupee climbs 1% to 95.76 vs USD after RBI moves to curb dollar demandThe rupee surged 1% to 95.76 against the dollar at Monday’s open after the RBI introduced measures to curb dollar demand and speculative ac...
Indian central bank curbs to temper corporate rush to hedge against rupee weaknessIn response to the climbing oil prices and a declining rupee, the Reserve Bank of India has initiated fresh strategies aimed at economic st...
RBI measures may boost local bond demand amid rupee pressureIndian companies may re-enter the bond market given recent central bank measures aimed at stabilizing the rupee. High overseas yields and i...
RBI to meet daily dollar needs of 3 state-run oil firms to ease rupee pressureThe Reserve Bank of India has stepped in to support three prominent oil firms: Indian Oil, Bharat Petroleum, and Hindustan Petroleum, as th...
RBI's rupee defence may drain banking liquidity, ease currency pressureRBI has introduced measures to curb rupee volatility, which could ease immediate depreciation pressures in the currency market. These measu...
RBI tightens rules for forex bets to shield bruised rupeeThe Reserve Bank of India has tightened regulations on foreign exchange derivatives to stabilize the rupee's value. New measures include st...
RBI steps in to support rupee as currency nears record low; tightens forex rulesThe Reserve Bank of India has announced new measures aimed at stabilizing the rupee's value in foreign exchange markets. These measures inc...
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...
RBI moves to support rupee at 96.78, cracks down on forex derivativesThe Reserve Bank of India introduced new measures to address the pressure on the rupee. These measures include tightening foreign exchange ...
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 loses 13 paise to close at 96.42 per US dollarThe rupee weakened 13 paise to close at 96.42 against the dollar, its weakest level in over two months, pressured by persistent foreign inv...
Rupee sinks to two-month low amid FPI selling and rising US yieldsOn Thursday, the Indian rupee declined to a two-month low against the US dollar due to foreign portfolio outflows. Overseas investors sold ...
Indian rupee rebounds to 95.83 vs US dollar as crude prices easeThe rupee strengthened 0.16% to 95.83 against the dollar, recovering from morning weakness as crude prices eased below $103 a barrel. Dolla...