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FOREIGN EXCHANGE INTERVENTIONS
RBI net absorbed $561 million in June as inflows picked upIn June, the Reserve Bank of India engaged in net purchases of $561 million from foreign exchange markets, showcasing its response to signi...
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...
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 ₹...
AI is keeping Asia afloat as inflation weighs it down: Moody’s AnalyticsIn the Asia-Pacific landscape, economies are diverging with AI-driven export demand providing a silver lining. Nonetheless, domestic consum...
Hawkish MPC, West Asia conflict cloud rupee, bond yield outlookIn light of the hawkish monetary policy minutes and the ongoing conflict in West Asia, the outlook for the rupee and bond yields appears un...
'Abysmal return to full-scale classic colonialism...': Iran slams latest slew of US sanctionsIran's foreign ministry spokesperson condemned new United States economic sanctions as unlawful.He stated these sanctions represent an extr...
US Treasury bond buybacks spark fresh fears over dollar weaknessThe US Treasury’s expanded bond-buyback programme has raised concerns that efforts to contain long-term borrowing costs could pressure the ...
RBI's early FCNR(B) deposit scheme closure 'data-driven' or a policy U-turn? Governor Malhotra explainsRBI Governor Sanjay Malhotra defended the FCNR(B) deposit scheme's early closure. He stated the decision was data-driven and a prudent cali...
Japan’s yen lesson for India: Don’t fight the currency marketIndia should focus on economic fundamentals and allow the rupee to be largely market-driven. The RBI has some flexibility during a financia...
Why did stock market fall today? Sensex slides 281 pts, Nifty closes below 24,300. 5 factors behind the declineIndian stock indices extended losses on Monday, with Sensex and Nifty declining. Broader markets bucked the trend, closing higher as crude ...
RBI's heavy FX footprint revives memories of a tightly managed rupeeThe Reserve Bank of India has stepped in, providing crucial support for the rupee amidst global economic uncertainties. State-run banks are...
India could reach $20 trillion by 2036 with 14.2% rupee growth: EquirusIndia could reach a $20 trillion economy by 2036 with reforms. This requires sustained rupee growth and appreciation, according to a resear...
Global Market: Taiwan dollar surges to one-month high as foreign flows boost currencyTaiwandollar surged 0.5% to a one-month high as foreign investors poured funds intolocal equities. The move reflects stronger capital inflo...
Global Market Today: Asian stocks rise as rate hike bets ease, oil dipsAsian equities rallied as easing inflation in the United States reduced fears surrounding interest rate hikes. The MSCI Asia Pacific Index ...
Rupee ends modestly higher on RBI interventionOn Wednesday, the Indian rupee experienced a modest increase, managing to withstand the upward pressure of crude oil prices. Support from t...
Rupee falls 8 paise to 95.38 against US dollar in early tradeIn early trading on Tuesday, the rupee fell by eight paise against the US dollar, closing at 95.30 from the previous day. Ongoing tensions ...
US defends dollar as yen weakness threatens global currency orderThe US treasury has stepped in to bolster the Japanese yen and several other currencies, signaling a potential decline of the dollar and hi...
After a dash for hot dollars, India dives deep for sticky moneyThe government appears to be shifting its focus from attracting short-term foreign capital to securing long-term foreign investment as it s...
Global Market: Japan reveals record $40 billion yen-buying intervention as currency pressure persistsJapan carried out its largest-ever single-day currency intervention, deploying nearly $40 billion to support the yen amid sharp depreciatio...
Yen leaps after intervention, leaving the dollar bruisedThe yen surged significantly after authorities intervened in foreign exchange markets. This intervention followed a substantial yen-buying ...