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RBI FOREX NEWS
Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...
Indian rupee also gains big against the US dollarIn a remarkable turn of events on Friday, the Indian rupee surged against the US dollar, largely due to a significant decrease in crude oil...
Rupee drops to 95.76 vs USD on dollar demand from oil cos, nearly erases RBI-led gainsThursday saw the Indian rupee slip against the U.S. dollar, negating earlier improvements that were supported by measures from the central ...
Gift Nifty signals a negative start; here's the trading setup for the dayNifty closed flat on Wednesday as easing crude prices boosted domestic consumption stocks and defensive sectors. Investor sentiment is stab...
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...
GIFT Nifty rises 100 points, hints at positive start; key trading cues for todayIndian markets closed higher on Tuesday, boosted by banking and financial stocks. The Reserve Bank of India's new forex swap facility eased...
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 policy press conference: Here's everything that came up for discussionThe Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies ...
Rupee rises 50 paise to 95.24 against US dollar post RBI policy decisionThe rupee strengthened significantly against the US dollar, gaining 50 paise to reach 95.24 following the RBI's liberalization of FPI inves...
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...
RBI may have sold gold to save foreign reserves, BE report showsThe RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid ...
Rupee slips with Asian peers as hopes of imminent U.S.-Iran peace deal falterThe Indian rupee weakened against the dollar as crude oil prices surged amid fading hopes for a U.S.-Iran peace deal. State-run banks inter...
Mayday: Rupee breaches 96 wall, pulls back after RBI interventionThe Indian rupee faces historic challenges, having plummeted to unprecedented levels against the US dollar. The surge in crude oil prices i...
Preparing for Rupee at 100: What does it mean for the economy and your stock market investments?The Indian rupee is nearing the Rs 100 per dollar mark, driven by rising crude oil prices and foreign investor outflows. This depreciation ...
India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
Not just US dollar, Indian rupee has tanked up to 25% across 9 major currencies in 1 yearThe Indian rupee has seen a significant decline against most global currencies, not just the US dollar. This broad-based weakness is driven...
Why the RBI is weighing a rare 2013-crisis playbook to arrest rupee slide to record lows?The rupee’s slide to fresh record lows and oil above $100 has prompted the RBI to revisit crisis-era tools from 2013, including a special N...
Rupee hits record low of 95.33/$ as oil crosses $125/barrelThe Indian rupee plunged to a record low of 94.90 against the dollar on Thursday, hitting an intraday nadir of 95.33. Intervention by the R...
Forex reserves rise to $703 billion; rupee slips 14 paiseIndia's foreign exchange reserves saw a significant jump of $2.3 billion, reaching $703 billion. This increase was driven by foreign curren...
RBI allows NDF contracts to clients, rebooking of related party tradesThe Reserve Bank of India has made a pivotal move by retracting its earlier April 1 directive, which had restricted banks from offering non...