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RBI INTERVENTION
RBI net absorbed $561 million in June as inflows picked upIn June, the Reserve Bank of India engaged in net purchases of $561 million from foreign exchange markets, showcasing its response to signi...
RBI’s great dollar haul: Where are the $73 billion going?India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹...
Hawkish MPC, West Asia conflict cloud rupee, bond yield outlookIn light of the hawkish monetary policy minutes and the ongoing conflict in West Asia, the outlook for the rupee and bond yields appears un...
Rupee dips on week as oil pangs linger, intervention prevents fall past 96/USDThe Indian rupee exhibited stability on Friday, though it faced a weekly decrease. Factors such as increasing oil prices and apprehensions ...
Rupee spins wheels in thin band, shorts await fresh entry pointsThe Indian rupee traded in a narrow range on Thursday, supported by central bank actions. Global factors showed limited impact as the Reser...
RBI's early FCNR(B) deposit scheme closure 'data-driven' or a policy U-turn? Governor Malhotra explainsRBI Governor Sanjay Malhotra defended the FCNR(B) deposit scheme's early closure. He stated the decision was data-driven and a prudent cali...
Rupee falls to a 3-week low of 95.71, raising financial concernsThe Indian rupee closed at a three-week low of 95.75 on Wednesday. Substantial central bank interventions prevented further losses for the ...
Rupee hits three-week low, traders wary about fall to 96/USD as RBI stands guardOn Wednesday, the Indian rupee hit its lowest point since late July, primarily due to high oil prices and sustained demand for the dollar. ...
Rupee may slip on oil, risk-off mood; RBI once again expected to ride to rescueThe Indian rupee is likely to experience a lower opening on Wednesday amidst climbing oil prices and increasing U.S. Treasury yields. The s...
Japan’s yen lesson for India: Don’t fight the currency marketIndia should focus on economic fundamentals and allow the rupee to be largely market-driven. The RBI has some flexibility during a financia...
Rupee slips as sentiment drags on RBI curtailing FX inflow windowThe Indian rupee slipped against the US dollar on Monday as the central bank's surprise move to shorten its forex swap timeframe rattled th...
RBI's heavy FX footprint revives memories of a tightly managed rupeeThe Reserve Bank of India has stepped in, providing crucial support for the rupee amidst global economic uncertainties. State-run banks are...
Rupee faces pressure as RBI defends 95.45 against dollar amid rising crude oil pricesThe Reserve Bank of India is defending the rupee at 95.45 against the dollar. Traders are closely watching crude oil prices amid West Asia ...
India could reach $20 trillion by 2036 with 14.2% rupee growth: EquirusIndia could reach a $20 trillion economy by 2036 with reforms. This requires sustained rupee growth and appreciation, according to a resear...
Rupee logs weekly decline, with RBI intervention curbing lossesThe Indian rupee faced a challenging week, depreciating against the dollar amidst mounting tensions from the Middle East conflict. Despite ...
Rupee holds steady at 95.44 amidst RBI interventionThe Indian rupee remained stable on Thursday, closing near its previous level. Dollar sales by the Reserve Bank of India kept the local uni...
Rupee ends modestly higher on RBI interventionOn Wednesday, the Indian rupee experienced a modest increase, managing to withstand the upward pressure of crude oil prices. Support from t...
Rupee nudges up on RBI intervention; investors eye inflation dataThe Indian rupee finished the day marginally higher, propelled by ongoing tensions in the Middle East. Continuous interventions from the ce...
Rupee falls 8 paise to 95.38 against US dollar in early tradeIn early trading on Tuesday, the rupee fell by eight paise against the US dollar, closing at 95.30 from the previous day. Ongoing tensions ...
Rupee anchored by central bank hand, traders watchful of oil ructionsThe stability of the Indian rupee was evident on Monday, thanks to the proactive measures taken by the central bank. State-run banks active...