Rupee weakening: Limited impact on inflation, growth, but importers to face pressureThe weakening rupee is unlikely to significantly impact India's trade balance, inflation, or growth prospects despite hurting importers. Li...
14 Jan, 2025, 12.04 AM IST
China's November FX reserves rise unexpectedly to $3.266 trillionThe country's foreign exchange reserves - the world's largest - grew by $5 billion last month to $3.266 trillion, above a Reuters forecast ...
07 Dec, 2024, 08.02 AM IST
Indian rupee on gentle one-way path down, to breach 85/$ in 6 monthsThe Indian rupee is expected to fall to a new low against the US dollar within six months, despite intervention by the Reserve Bank of Indi...
05 Dec, 2024, 07.59 AM IST
Rupee ends lower pressured by weaker yuan, importer dollar bidsRupee under pressure as economy cools and FX reserves build up. Investors expect U.S. rate cuts, impacting rupee. Despite importers' dollar...
02 Jul, 2024, 03.45 PM IST
Rupee ends higher, mild inflows aid recovery from record lowThe Indian rupee ended higher on Friday as mild inflows and exporter dollar sales lifted the currency after it hit an all-time low in the p...
21 Jun, 2024, 03.59 PM IST
RBI’s list of 75 unauthorized forex trading platforms; How to check authorised listCustomers have received many warnings from the regulator not to transmit or deposit money for forex transactions or to undertake forex tran...
12 Apr, 2024, 10.51 AM IST
Indian companies took on larger forex risk in 2023 counting on RBI supportIndia's total imports and exports between January and November 2023 declined 8% and 5%, respectively, from a year earlier. December data ha...
09 Jan, 2024, 01.35 PM IST
Rupee ends higher, forward premiums climb to over 2-month highThe rupee closed at 83.1650 to the U.S. dollar, up from 83.3450 in the previous session. The currency posted its biggest rise in a single r...
28 Dec, 2023, 03.50 PM IST
Rupee gains lag Asian peers as RBI builds bufferOn Thursday, the rupee closed at 83.3275 per US dollar, just 0.09% stronger than 83.4025/$1 at previous close. Meanwhile, currencies such a...
15 Dec, 2023, 06.02 AM IST
Indian rupee's decline versus non-dollar currencies spurs more hedging by exportersThe domestic currency fell to an over-four-month low against the euro and to a three-month low versus the pound in November. Last week, it ...
14 Dec, 2023, 10.20 AM IST
Indian rupee to trade in a narrow range in near term: PollThe Indian rupee is expected to remain in a tight range against the US dollar for the next three months, hovering near its historic low, ac...
08 Jun, 2023, 08.45 AM IST
Counting on RBI support, offshore investors build rupee crosses positionsThree major research houses - BofA Securities, Citi and Nomura, have said in recent days that rupee should strengthen into the end of India...
24 Feb, 2023, 02.39 PM IST
Muted impact of Fed's Taper 2 on India due to strong external position: RBI articleThe article published in the Reserve Bank of India's (RBI) monthly bulletin for July compared the impact of the two taper announcements (Ma...
17 Jul, 2022, 05.51 PM IST
Reserve Bank of India may need to tweak forex strategy, let rupee weaken, say analystsThe rupee has hit a series of record lows this week and is within striking distance of the psychologically important 79-to-a-dollar level, ...
29 Jun, 2022, 03.06 PM IST
RBI's desire to hoard dollars tests strong rupee playbooksThe Reserve Bank of India signaled recently it won’t relent on dollar purchases that pushed the currency to the bottom of Asia’s currency r...
21 Jan, 2021, 01.04 PM IST
RBI’s June dollar purchases hit 4-year highThe central bank bought $14.8 billion from the spot currency market in June, the highest since it bought $19,1 billion in November 2016. I
13 Aug, 2020, 11.12 PM IST
Implications of FCNR-B outflow for financial markets and banking systemIndia will witness a likely $26 billion outflow of FCNR-B deposits, raised under a special Reserve Bank of India (RBI) scheme in 2013 aimed...
24 May, 2016, 04.34 AM IST