Tag: foreign exchange market
RBI should use forex reserves to prop up rupee: SBI report
New Delhi, The Reserve Bank should use foreign exchange reserves to prop up the rupee hit by the ongoing West Asia crisis, suggested a research…
In hawala universe, it’s a partial eclipse of dollar
Mumbai: Away from the dust, death and debris of the war, a strange story is playing out in the underbelly of the Indian money market….
RBI tightens norms on net open positions to curb rupee’s slide
Kolkata\Mumbai: The Reserve Bank of India has capped banks’ net open positions in the rupee at $100 million at the end of each business day,…
What’s key to India’s forex defence? Patra suggests it’s $1 trillion buffer
India needs a foreign exchange reserve buffer of at least $1 trillion to ensure it has enough firepower to intervene in currency markets, according to…
India’s forex reserves rise by $1.03 billion to $687.26 billion as of December 12
India’s foreign exchange reserves increased by $1.03 billion to $687.26 billion for the week ending on December 12, 2025, the Reserve Bank of India (RBI)…
RBI plays onshore and offshore to help rupee have a good day
Mumbai: The Indian rupee posted its biggest one-day gain in a month on Monday, as likely central bank interventions in the offshore and onshore market…