FCNR(B) interest bill to keep dollar hedging costs highAs a multibillion-dollar FCNR(B) interest bill escalates, Indian banks grapple with increased dollar hedging expenses. Recently, the Reserv...
09 Nov, 2026, 06.02 AM IST
Rupee finally bounces back, closes at 93.90 on Friday, after hitting nearly 97/$ in May and OctThe rupee emerged as Asia's best-performing currency this week, strengthening to 93.90 against the dollar. Falling crude oil prices, nearly...
07 Nov, 2026, 09.32 AM IST
India's forex reserves fall $2.6 billion to $717 billion as of October 30India's foreign exchange reserves fell by $2.691 billion to $717.056 billion in the week ended October 30, extending a decline from their S...
06 Nov, 2026, 05.33 PM IST
IndusInd Bank customers can now send money abroad in 123 currencies through J.P. Morgan tie-upIndusInd Bank has teamed up with J.P. Morgan Payments to elevate their outward remittance capabilities. This partnership enables customers ...
06 Nov, 2026, 04.30 PM IST
Indian rupee strengthens past 94/$ as oil slides, foreign inflows returnThe Indian rupee strengthened past 94 per dollar after regaining appeal among emerging-market currencies recently. Significant foreign infl...
06 Nov, 2026, 04.05 PM IST
China's rising yuan squeezes exporters, raises concerns over jobs and growthChina's strengthening yuan is squeezing exporters' profit margins, raising concerns over job losses, weaker exports and slower economic gro...
06 Nov, 2026, 01.21 PM IST
Rupee falls 9 paise to 94.50 against US dollar in early tradeIn early trading on Friday, the rupee slipped by 9 paise to reach 94.50 against the US dollar, driven by a robust dollar and surging crude ...
06 Nov, 2026, 12.34 PM IST
Yuan set for first weekly loss in six weeks as equity rout dents sentimentChina’s yuan headed for its first weekly decline in six weeks as weaker PBOC guidance and a sharp equity selloff hurt sentiment. While the ...
06 Nov, 2026, 10.40 AM IST
Sebi revises currency derivatives limits for unhedged positions aligning with RBI normsSebi has revised limits for unhedged positions in currency derivatives for domestic clients and FPIs. The new combined notional value limit...
06 Nov, 2026, 07.27 AM IST
Sebi revises currency derivative norms for domestic investors, FPIs; allows to trade up to USD 5 mnSebi has revised its regulations to permit domestic and foreign portfolio investors to take positions in currency derivatives. Investors ca...
05 Nov, 2026, 07.33 PM IST
Rupee rises 14 paise to 94.61 against Us dollar in early tradeIn early trade, the rupee appreciated by 14 paise, reaching 94.61 against the US dollar. This upswing was fueled by declining crude oil pri...
04 Nov, 2026, 10.47 AM IST
Chinese yuan hits over two-week low against dollar as PBOC signals caution on appreciationChina’s yuan weakened to a more than two-week low against the dollar after the central bank set a weaker daily fixing and raised foreign ex...
04 Nov, 2026, 10.08 AM IST
RBI eases forex rules for services exports and importsThe changes form part of the Foreign Exchange Management (Export and Import of Goods and Services) which came into effect from October 1, 2...
04 Nov, 2026, 12.53 AM IST
Chinese yuan set for biggest daily drop in six months after PBOC tightens FX reservesChina's yuan weakened against the US dollar after the PBOC raised the foreign exchange reserve requirement ratio to curb rapid currency app...
03 Nov, 2026, 10.08 AM IST
Rupee rises 12 paise to 94.72 against US dollar in early tradeThe rupee rose by 12 paise to 94.72 against the US dollar in early trading on Tuesday. This increase was driven by declining crude oil pric...
03 Nov, 2026, 09.51 AM IST
Razorpay gets final Gift City licence to expand cross-border paymentsRazorpay has attained a payment service provider licence from the International Financial Services Centres Authority. This licence allows t...
02 Nov, 2026, 12.18 PM IST
India’s forex reserves fall $1.2 billion to $719.74 billion as of October 24India’s foreign exchange reserves fell by $1.2 billion to $719.74 billion in the week ended October 24, according to the RBI. The decline f...
30 Oct, 2026, 05.26 PM IST