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INDIA FOREX MARKET 2026
Commerce ministry raises anti-dumping duty rejection issue at 'highest level'The Commerce Ministry is escalating concerns about the Finance Ministry's increasing rejection of anti-dumping duty recommendations. This t...
Bank stocks rally as RBI steps lift mood, trigger short coveringOn Tuesday, bank stocks rocketed upwards following strategic interventions by the Reserve Bank of India aimed at shielding foreign currency...
RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...
RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
RBI offers concessional swaps for PSUs, NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include offering special swap facilities to encourage state-o...
Pakistan issues 737 visas to Indian pilgrims for Guru Arjan Dev Ji Martyrdom Day eventsPakistan has granted 737 visas to Indian Sikh pilgrims. They will travel to Pakistan for events commemorating the Martyrdom Day of Guru Arj...
What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...
Rupee falls 17 paise to 95.35 against US dollar in early tradeThe Indian rupee weakened by 17 paise to 95.35 against the US dollar in early trade on Monday, influenced by a strong dollar and geopolitic...
RBI may need to absorb at least half of hedging cost to spur ECBs by PSUsThe Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps f...
RBI MPC key takeaways: Here are the major announcements by Governor Sanjay Malhotra on GDP, inflation and repo rateRBI Monetary Policy Committe 2026 key takeaways: The Reserve Bank of India has maintained its key repo rate at 5.25%. The central bank also...
MPC Forex Level: India’s forex reserves remain healthy at $682.3 billion, says RBI Governor Sanjay MalhotraIndia's foreign exchange reserves are strong at $682.3 billion. The Reserve Bank of India has used these reserves to stabilize the rupee. D...
RBI MPC Meeting at a Glance: Your one-stop guide for all key decisionsRBI Monetary Policy Meeting Highlights: Reserve Bank Governor Sanjay Malhotra will announce the Monetary Policy Committee's decision on Fri...
Central Bank of India targets over Rs 3,500 crore bad-loan recovery in FY27Central Bank of India plans significant recovery from bad loans exceeding Rs 3,500 crore in FY27. The bank will also introduce wealth manag...
Rupee falls 31 paise to close at 95.67 against US dollarThe rupee depreciated by 31 paise to 95.67 against the US dollar on Wednesday, influenced by proposed US additional duties on Indian import...
Government denies new report stating RBI may have sold $12 billion gold to rescue rupeeReports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows In...
Indian travellers worry more about forex costs than visa queues: ReportIndian travellers are set to spend more overseas following a tax reduction. However, managing travel budgets is their biggest worry. Many s...