Indian central bank likely intervened to shore up rupee, traders say
MUMBAI, May 29 (Reuters) - The Reserve Bank of India likely intervened in the foreign exchange market to shore up...
archiveReserve Bank of India
India’s RBI plans expansion of digital rupee through welfare schemes, cross border payments
By Ashwin Manikandan MUMBAI, May 29 (Reuters) - The Reserve Bank of India is planning to expand the digital rupee...
Indian central bank’s FY26 income gets $17.7 billion FX boost
MUMBAI, May 29 (Reuters) - The Indian central bank's gains from foreign exchange transactions rose 52% to 1.69 trillion rupees...
Indian central bank’s $5 billion FX swap subscribed nearly twice over
MUMBAI, May 26 (Reuters) - The Reserve Bank of India's three-year dollar/rupee buy-sell swap drew strong demand on Tuesday, with...
Why is the Indian Rupee falling?
The graph of the Indian rupee has been snaking sharply downward. The rupee-to-dollar exchange rate, or the rupees needed to...
Indian banks seek hedging cost subsidy from RBI to raise dollar funding, sources say
By Dharamraj Dhutia MUMBAI, May 25 (Reuters) - Indian banks have sought subsidised forex hedging costs from the Reserve Bank...
Rupee’s rally may be halted by dented peace deal hopes, month-end dollar demand
By Jaspreet Kalra MUMBAI, May 26(Reuters) - The Indian rupee's three-day winning streak is likely to run into resistance on...
Rupee to extend rally on US-Iran deal hopes, RBI Governor’s remarks aid sentiment
By Jaspreet Kalra MUMBAI, May 25 (Reuters) - The Indian rupee is set to build on its two-session rally on...
The RBI and rupee’s last line of defence
There is a seductive clarity to economist and 16th Finance Commission of India chairman Arvind Panagariya’s argument. If markets want...
India’s central bank sold net $9.8 billion in March as Iran war battered rupee, bulletin shows
MUMBAI, May 22(Reuters) - The Reserve Bank of India sold $9.76 billion in the foreign exchange market in March on...
