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NON DELIVERABLE OFFSHORE
RBI governor says no plans to ease net open position restrictionsThe Reserve Bank of India will maintain its restriction on banks' net open positions. Governor Sanjay Malhotra confirmed no plans exist to ...
China's yuan hits 3-year high, stocks retreat, as investors await details from Trump-Xi summitChina's yuan reached a three-year high against the dollar as investors awaited outcomes from the Xi-Trump summit. While stock markets saw p...
Big banks urge RBI to rethink uniform forex exposure capIn recent interactions with RBI, officials of big state-owned and private sector banks have suggested a dynamic regulation on the unhedged ...
Indian banks need to grow global forex game: RBI governor Sanjay MalhotraIn a bold call to action, Reserve Bank of India Governor Sanjay Malhotra challenged Indian banks to step up as global market-makers for the...
RBI tightens oversight on offshore rupee trades with new FX reporting rulesThe Reserve Bank of India is bringing offshore rupee derivative trades under its regulatory watch. Authorized dealers must now report over-...
RBI asks banks to report overseas rupee OTC derivative contracts to CCILIn a move aimed at improving transparency in the derivatives market, the central bank has issued directions on 'Reporting Instructions for ...
'Next 25 years will be about intelligent scale' in financial markets: SBI ChairmanThe next 25 years in finance will prioritize intelligent scale, not just size. Artificial intelligence will be key for risk management and ...
Global Markets | South Korean shares dip, but mark second weekly gain on Iran ceasefire hopesSouth Korean stocks ended lower Friday but secured a second weekly gain. Hopes for a U.S.-Iran ceasefire boosted sentiment. The Korean won ...
RBI moves to curb rupee volatility after sharp FY26 slideThe Reserve Bank of India is tightening oversight of foreign-exchange markets and non-deliverable forward (NDF) norms to curb rupee volatil...
Defending the rupee: Understanding the RBI’s new rules. Will they work?The RBI’s measures to defend the rupee have had their desired effect, with the Indian currency staging a smart recovery. But do these measu...
Rupee records sharpest rise in over 12 years after RBI’s tough crackdown on forex speculation: What lies ahead?The Indian rupee surged against the US dollar, marking its sharpest single-day gain in over 12 years, following the Reserve Bank of India's...
RBI tightens forex derivatives norms to steady rupee amid volatilityThe Reserve Bank of India has tightened foreign exchange rules. Banks can no longer offer non-deliverable forward contracts to clients. Thi...
RBI bars banks from offering rupee non-deliverable derivatives to residents, non-residentsThe Reserve Bank of India on Wednesday directed authorised dealers to stop offering non-deliverable derivative contracts involving the I...
RBI says banks cannot offer NDF contracts as its tightens forex normsThe Reserve Bank of India has tightened foreign exchange rules. Banks can no longer offer non-deliverable forward contracts involving the r...
RBI's currency defence could leave banks paying the priceReserve Bank of India has introduced a bold new daily limit on the open rupee positions held by banks, aiming to counteract the rupee's wea...
Forex Reserves fell by $1.7 billion at a slow pace in the week ending May 6While the foreign currency assets dipped by nearly $2 billion, gold reserves were up by 135 million. This was the eighth consecutive contra...
Usha Thorat panel suggests liberal currency market for offshore usersLarge volumes in the offshore market reflect the fact that the interest in rupee is far larger than what is evident in onshore currency mar...