With the RBI allowing depositors to leverage, the scheme’s attractiveness has improved further
RBI eases offshore forex derivative rules to support hedging, amends related-party clause but keeps $100 million cap on positions to…
Indian Rupee marks a steady week rising over 2% trading within the 92-93 range. Know what drove the upside for…
Rising airfares and flight disruptions due to the West Asia conflict are softening India’s travel remittance market.
RBI’s recent actions in forex market suggest the governor understands it is not good for the economy if everybody believes…
Twitter is full of airport lounge selfies. The chai and coffee is free and the chairs feel premium. But the…
Forex reserves had touched an all-time high of USD 704.885 billion in September 2024.
Entering the ‘final quarter’ of the calendar year characterized by economic uncertainty and ever-shifting market dynamics- A ‘final’ hike of…
On the domestic front, market participants will be keeping an eye on the inflation number this week, and the expectation…
The dollar index is expected to to face the hurdle near 105.50 and slip back towards 103.70 amid decline in…
If the terminal rates of the Fed peak earlier than May and lower than the expectation of around 5%, then…
While the new regime has successfully simplified the earlier framework in many respects, there are several areas that still need…
Currently, the liquidity is expected to be in surplus of around Rs 7.75 lakh crore.
Through the auction, RBI will conduct a spot sale to sell $5 billion worth of US dollars to banks on…
In the previous week ended July 23, the reserves had declined by $1.581 billion to $611.149 billion.
Forex and money markets are closed today on account of Parsi New Year.
Earlier, the rupee opened higher at 63.34 against yesterday’s closing of 63.44 at the Interbank Foreign Exchange market.
Forex dealers said increased demand for the dollar from importers also weighed on the local currency…