Indian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.

The Reserve Bank of India is tightening oversight of foreign-exchange markets and non-deliverable forward (NDF) norms to curb rupee volatil...

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...

New RBI curbs on net open rupee positions created volatility in dollar-rupee forwards. Initially, the gap between domestic and overseas rat...

Banks scrambled to adjust positions Monday after the RBI's new $100 million cap on net open rupee exposure. This directive forced them to u...

Earlier in the day, the central bank kept a key policy interest rate steady as widely expected when rolling over maturing medium-term loans...

China's major state-owned banks moved to support the yuan on Monday, tightening liquidity in the offshore foreign exchange market while act...

China's central bank on Thursday also announced a relaxing of a cross-border financing rule, making it easier for domestic firms to raise f...

The RBI's informal communication to local bankers is a step back from the directions it issued in June 2020, when it allowed banks operatin...

The NDF market essentially permits investors to trade in non- or partially convertible currencies (such as the Indian rupee) with the settl...

In past few weeks, the rupee has been hitting record low levels, with 72.92 being the latest lifetime low.

RBI cannot regulate the overseas rupee-dollar derivative market, known as non-deliverable forwards market, which is widespread among curren...

Yuan rose against the dollar on Monday to its highest level since its surprise devaluation on August 11, after the central bank set a stron...

The yuan traded weaker than the official guidance rate first time since late September, as appetite for the currency wanes.

Rupee bets in the overseas currency markets influence the domestic currency levels, especially when the rupee is losing ground to the dolla...

The Indian rupee dropped sharply to two-month lows on Tuesday as banks bought dollars in the spot market to arbitrage offshore, while share...

Increased volatility in the spot rupee market has made it more expensive for banks and exporters to pick up rupee options. Option premia ha...