RBI likely selling dollars, conducting FX swaps via state banks, traders sayIndia's central bank likely sold dollars and ran buy-sell swaps on Wednesday, three traders said, aiding the rupee's recovery from the s...
Rupee’s oil relief capped by RBI's FX book, interest payment hedges, bankers sayThe Indian rupee's upward surge encounters some obstacles. As the Reserve Bank of India gradually dissolves a hefty foreign exchange forwar...
Asian stocks rally on Gulf breakthrough hopes, oil hits two-month lowsAsian stocks rallied on hopes of a Middle East peace deal, tempering inflation fears as oil prices fell to two-month lows. The market also ...
Rupee closes at 95.78 vs USD ahead of crucial central bank rate reviewThe Indian rupee declined for a second day ahead of the Reserve Bank of India's monetary policy review, with traders anticipating measures ...
Rupee dips; RBI-led relief may fade without inflow measures, bankers sayThe Indian Rupee declined on Thursday, continuing a two-day fall. Weaker Asian currencies and importer hedging impacted the Rupee. The Rese...
US, UK firms boost currency hedging as war sparks volatilityAmerican and British companies significantly boosted currency hedging last quarter. This move came as global markets faced turbulence. Even...
Traders keep focus on oil prices, RBI moves as rupee treads waterThe Indian rupee remained stable on Wednesday, supported by central bank intervention in spot and forward markets. Dollar sales from state-...
Oil slump, central bank support manifest in rupee’s three-day winning streakThe Indian rupee saw its longest winning streak in a month, closing stronger against the dollar. This rise was driven by the Reserve Bank o...
Rupee hits record low at 95.28 vs USD as economic worries mount on renewed US-Iran tensionsThe rupee reached a historic low against the dollar on Tuesday. This decline is linked to renewed tensions in the Middle East and escalatin...
India explores steps to mobilise dollar inflows as rupee slides, sources sayIndia's central bank is actively seeking methods to attract dollar inflows. This move aims to bolster foreign exchange reserves and stabili...
Indian refiners limit use of special FX credit line, sources say, spelling more rupee strainIndia's state-run oil refiners are sparingly using a special FX credit line from State Bank of India, designed to support the rupee. Refine...
Rupee slips to 94.47 per dollar with oil-sensitive Asia FX, state-run banks' dollar sales cushionThe Indian rupee weakened against the dollar on Tuesday, falling to 94.47 as rising oil prices and stalled energy flows through the Strait ...
RBI’s oil forex window set to fuel rupee recoveryThe Reserve Bank of India has opened a special foreign exchange window to supply dollars to state-run refiners, easing pressure on the rupe...
Rupee touches one-week high on report of RBI plan to ease oil refiners' dollar bidsThe rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on t...
RBI asks state oil refiners to curb spot dollar buying, sources sayIndia's central bank is taking action to support the rupee. State-run oil refiners are being asked to use a special credit line for dollar ...
- Rupee likely to trade in 51.80-53.50 range: Mecklai Financials
In the past three weeks, the rupee not been affected by a fall in euro as the RBI has been vehemently preventing it from any further deprec...
- Jobbers spot opportunity in Fx futures
Rise in volumes on currency platforms offered by the NSE and MCX-SX) could be attributed to increased participation by jobbers.