rupee

India forex regulator criticises banks’ rupee arbitrage trades

The regulator rebuke banks for transferring arbitrage trades from their books to corporate clients

The Reserve Bank of India will announce its monetary policy decision on Apr 8, with most economists expecting it to hold rates.

India FX cap softens pressure on rupee even as offshore influence lingers: Axis Bank director

The RBI has ‘effectively broken’ the direct link between the onshore and offshore markets, says Neeraj Gambhir

Every one rupee move in the local currency versus the US dollar could lead to a one-time loss of 30 billion to 40 billion rupees for banks.

India’s boldest currency move in years brings brief rupee relief

RBI flexibility falls as FX reserves drop in March to defend the rupee following the Iran conflict

The rupee has slumped more than 2% since the Iran war broke out.

Rupee breaches 93 per US dollar to hit record low as Iran war risks deepen

With no let-up in the conflict, Indian currency looks increasingly vulnerable and could slip to 95 per dollar

The Reserve Bank of India has been selling US dollars largely via short-dated contracts, typically maturing within weeks to a month.

India’s central bank ramps up key tool to defend falling rupee

The build-up comes as emerging markets face renewed pressure from a resurgent US dollar

The rupee declined to a record low of 92.3025 last week.

Indian central bank likely selling dollars to avert rupee slide to record low, traders say

[MUMBAI] The Indian central likely stepped into the foreign exchange market on Monday, four traders told Reuters, to limit the rupee’s decline as a surge in oil prices pummelled currencies across Asia...

Most emerging Asian currencies are in the red, with the rupee leading the losses.

India rupee hits record low as oil rise sparks regional meltdown

For the country, higher crude prices risk reigniting inflation

The data released by the Reserve Bank of India on Friday (Jan 30) showed that India's foreign exchange reserves rose by about US$8.1 billion to US$709.4 billion in the week ended Jan 23.

Record reserves boost India central bank’s firepower to shield rupee

The currency is the worst performer in emerging markets in 2026, and is weighed down by outflows from equities and others

The rupee recovered to 89.8550 per US dollar from 89.9775 on back of the intervention.

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.