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RUPEE EXCHANGE RATE
Full flow FCNR deposits could hit $100 billion, beat estimatesStrong FCNR(B) deposit inflows have led analysts to raise their estimates for dollar mobilisation through the scheme. Jefferies now expects...
ETMarkets NRI Talk | Rupee at 96: Why NRIs should think twice before sending more money to India, says Sachin SawrikarWhile a weaker rupee means more rupees for every dollar remitted, it can also erode the dollar value of INR-denominated investments over ti...
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...
India amends Foreign Trade Policy for easier rupee invoicing and payments for exportersThe government has amended its Foreign Trade Policy to ease rupee invoicing for exporters. Eligible rupee receipts now qualify for export b...
Cross-border trade in local currencies reduces transaction costs: RBI deputy governorLocal currencies will increasingly drive cross-border trade and payments, reducing costs and improving efficiency. Technology will be lever...
Rupee rises 17 paise to 95.56 against US dollar in early tradeDuring early trading on Thursday, the rupee showed resilience, strengthening against the US dollar as a result of the US Treasury's unexpec...
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 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. ...
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...
ISM outlay faces currency pressure; ETSA 2026 Best on Campus, Comeback Kid nomineesA weak rupee has dragged down the dollar value of the India Semiconductor Mission subsidies. This and more in today’s ETtech Top 5.
Rupee ends marginally lower as central bank shields from oil, yield strainThe Indian rupee experienced a minor decline on Tuesday, with speculation that the Reserve Bank of India intervened to bolster its position...
Rupee slide chips away at ISM outlayA weak rupee is causing what analysts and industry insiders estimate to be a “net double-digit cost overrun” for businesses relying on impo...
FCNR(B) swap cost unlikely to have driven RBI’s early closure: SBI Research reportSBI Research said the cost of the RBI’s FCNR(B) swap facility is unlikely to have driven its early closure, estimating cumulative hedging c...
Yes Bank makes bond market comeback years after AT1 write-offYes Bank is preparing its first dollar bond issuance since its 2020 AT1 debt write-off, planning a benchmark-sized three-year note. The mov...
India bonds dip as RBI's diaspora swap move dents sentimentEarly Monday saw a dip in demand for Indian government bonds following the RBI's closure of its swap window. This decision caused the bench...
RBI cuts FX swap window short after NRI deposits cross $50 billionThe Reserve Bank of India shortened its zero-cost FX swap facility for banks. This action followed substantial foreign deposit inflows from...
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 falls 17 paise to 95.59 against US dollar in early tradeIn early trading, the rupee slipped by 17 paise against the US dollar as investor sentiment turned cautious following the Reserve Bank of I...
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...
Zero forex markup credit cards: Does it mean zero cost? Check this before your international travelPlanning an international trip? A 'zero forex markup' credit card promises savings, but hidden charges and fluctuating exchange rates can s...