Tag: indian rupee
Rupee set for sharp rally as RBI moves to curb speculative bets, but risks remain
The rupee is set to open sharply stronger on Monday after the Reserve Bank of India (RBI) moved over the weekend to curb speculative bets…
RBI rate hike will not stem outflows, leaving central bank in a bind
MUMBAI: India’s first rate hike in four years is unlikely to slow or reverse record high capital outflows, leaving the central bank battling the vicious…
Rupee sinks to two-month low amid FPI selling and rising US yields
Kolkata: The Indian rupee fell 0.5% Thursday to 96.3150 against the dollar, making it a two-month low and mirroring the fall in major Asian currencies,…
Rupee gains 15 paise to 96.81 against dollar, likely helped by RBI intervention
Kolkata: Likely regulatory intervention helped Indian rupee gain 15 paise to close at 96.81 against the greenback, bouncing back from the intra-day low of 95.94…
Rupee gains 15 paise to 95.81 against dollar, likely helped by RBI intervention
Kolkata: Likely regulatory intervention helped the Indian rupee gain 15 paise to close at 95.81 against the US dollar on Friday, bouncing back from the…
India amends Foreign Trade Policy for easier rupee invoicing and payments for exporters
The government on Thursday amended the Foreign Trade Policy (FTP) 2023 to make it easier for exporters to invoice overseas sales and receive payments in…
India’s April-June balance of payments records $8.1 billion deficit, June turns surplus
BENGALURU: India’s balance of payments recorded a deficit of $8.1 billion in the April-June quarter, compared with a surplus of $4.5 billion a year earlier,…
The RBI is emerging as an Asian rate outlier. Five charts show why
India’s central bank is emerging as one of Asia’s monetary policy holdouts, confident the latest oil shock won’t derail economic growth or fuel the kind…
$100 bn in sight: India is rolling in dollars but what about the rupee?
Two months after the Reserve Bank of India (RBI) unveiled a package of measures to attract foreign currency, the numbers are beginning to look extraordinary….
India’s forex reserves up by $963 million to $672.58 billion as of June 19
India’s foreign exchange reserves increased by $963 million to $671.63 billion in the week ended June 19, 2026, according to data released by the Reserve…