Reserve Bank of India
Indian central bank’s US$10 billion FX swap subscribed three times over
The swap is part of its measures to inject US$32 billion of rupee liquidity into the banking system
India’s inflation stays low, leaves room for interest rate cut
It will be a very ‘close call’ as the government is set to revamp its inflation and GDP data by end-February, says economist Upasna Bhardwaj
India’s central bank intervenes again to support rupee, traders say
[MUMBAI] The Indian central bank was seen back in the foreign exchange market on Thursday, selling dollars through state-run banks to reinforce support for the rupee, traders said.
India’s RBI to inject 2 trillion rupees via fresh bond buys, US$10 billion in FX swap
This is to offset the cash drain from its US dollar sales in the currency market to support a weakening rupee
India central bank cuts key rate, boosts liquidity to support ‘Goldilocks’ economy
The Indian economy is under pressure from punitive tariffs imposed by Trump
India central bank to tolerate weaker rupee as inflows dry up
[MUMBAI] India’s central bank will tolerate a weaker rupee as the country’s external sector confronts multiple headwinds including a wider trade gap and stalling of dollar inflows into the world’s fif...
How India’s rupee ended up as Asia’s worst currency this year
To stabilise the rupee, India’s central bank has sold over US$30b in FX assets since late July
Indian central bank likely intervenes to prop up rupee before local market open, traders say
[MUMBAI] The Reserve Bank of Indian likely intervened to support the rupee before the local spot market opened on Monday, four traders told Reuters, putting the currency on track to open above its all...
Asia’s major economies step up currency defence as trade war intensifies
Unlike past episodes, the latest show of strength comes as the US dollar struggles to extend gains
Indian central bank is said to resume FX swaps to aid liquidity
The move highlights the RBI’s effort to balance growth with currency stability as India faces the highest US tariffs in Asia
