Tag: foreign exchange market
RBI open to more steps to curb FX speculation, Governor Sanjay Malhotra says
The Reserve Bank of India would consider further measures, if needed, to curb speculative trading in the foreign exchange market, Governor Sanjay Malhotra said in…
India’s forex reserves rise by $6.1 billion to $682.35 billion as of July 24
India’s foreign exchange reserves increased by $6.1 billion to $682.35 billion in the week ended July 24, according to data released by the Reserve Bank…
Macroeconomic fundamentals of Indian economy remain strong amid global challenges
New Delhi: Macroeconomic fundamentals of the Indian economy remain strong, supported by robust domestic demand, healthy corporate balance sheets and sustained fiscal discipline amid global…
Rupee value is market-driven, has no target band against US dollar: FM Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said the rupee’s value against the US dollar is market-determined and there is no target or specific…
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…