Cross-border trade in local currencies reduces transaction costs: RBI deputy governorLocal currencies will increasingly drive cross-border trade and payments, reducing costs and improving efficiency. Technology will be lever...
20 Aug, 2026, 06.41 PM IST
Rupee rises 17 paise to 95.56 against US dollar in early tradeDuring early trading on Thursday, the rupee showed resilience, strengthening against the US dollar as a result of the US Treasury's unexpec...
20 Aug, 2026, 10.04 AM IST
Kotak Mahindra Bank joins peers in tapping dollar debt before RBI window shutsKotak Mahindra Bank successfully raised $650 million through its five-year dollar bonds. This issuance occurred at a coupon rate 27 basis p...
19 Aug, 2026, 09.16 AM IST
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...
18 Aug, 2026, 11.18 PM IST
RBI measures lift FY27 BoP outlook to over $50 bn surplus, CAD seen at 1%: SBI ResearchFCNR(B) deposits: In FY27, India is anticipated to enjoy a balance of payments surplus amounting to USD 50 billion, driven by robust foreig...
18 Aug, 2026, 01.08 PM IST
Rupee falls 7 paise to 95.68 against US dollar in early tradeIn early trading, the rupee slipped by seven paise, settling at 95.68 against the US dollar. Factors such as soaring crude oil prices and h...
18 Aug, 2026, 11.50 AM IST
FCNR(B), nothing magical about itThe Reserve Bank of India is prematurely closing a special window for FCNR(B) bank deposits from the Indian diaspora, originally set to end...
17 Aug, 2026, 11.33 PM IST
Rupee slips as sentiment drags on RBI curtailing FX inflow windowThe Indian rupee slipped against the US dollar on Monday as the central bank's surprise move to shorten its forex swap timeframe rattled th...
17 Aug, 2026, 04.14 PM IST
From kirana to currency: Small towns are scrambling for dollarsSmall towns now lead India's foreign exchange demand, surpassing major cities. This shift indicates rising prosperity and global lifestyle ...
17 Aug, 2026, 03.19 PM IST
Rupee falls 17 paise to 95.59 against US dollar in early tradeIn early trading, the rupee slipped by 17 paise against the US dollar as investor sentiment turned cautious following the Reserve Bank of I...
17 Aug, 2026, 11.30 AM IST
Indian Bank plans to garner $400 million via ECB this week: MD Binod KumarIndian Bank plans to raise $400 million via External Commercial Borrowings this week. The bank may raise an additional $600 million through...
16 Aug, 2026, 11.37 AM IST
Forex reserves soar to $707 billion, highest so far in current fiscalIndia's foreign exchange reserves saw a notable increase, rising by $14.1 billion to hit a significant $707 billion. This boost included a ...
15 Aug, 2026, 09.46 AM IST
RBI shortens FCNR (B) deposit swap window to Aug 31The Reserve Bank of India has shortened the swap facility window for FCNR(B) deposits. This decision comes after observing higher-than-expe...
15 Aug, 2026, 12.19 AM IST
RBI to close FCNR(B) forex swap facility early after strong dollar inflowThe Reserve Bank of India has closed its special forex swap facility early. This facility attracted significant foreign exchange inflows to...
14 Aug, 2026, 06.40 PM IST
Forex reserves up by $14.1 billion to $707 billionIndia's foreign exchange reserves saw a jump of over fourteen billion dollars. Foreign currency assets and gold reserves contributed substa...
14 Aug, 2026, 05.26 PM IST
The hidden economics of international spendingThe expansion of Indian international spending is rapidly increasing annually. The hidden costs of forex mark-up on credit cards can signif...
14 Aug, 2026, 04.05 PM IST
Rupee falls 8 paise to 95.25 against US dollar in early tradeThe rupee has fallen eight paise to 95.25 versus the US dollar as of Monday, influenced by a strengthening dollar and surging global crude ...
10 Aug, 2026, 10.00 AM IST