Indian companies' $3.7 billion NDF hoard shows firms seized rupee arbitrage window
The unwinding followed the Reserve Bank of India's imposition of restrictions on lenders' net onshore open FX positions, prompting a rush to lower positions aimed at benefitting from gaps between onshore and non-deliverable forwards.
Rupee set for gains as RBI steps up curbs against speculators
With cash trading shuttered for a two-day break, dollar-rupee forwards have fallen about 1.4% so far this week to indicate expectations for the Indian currency to advance when markets reopen.
Rupee seen sliding to 100 per dollar as oil prices surge
The rupee’s slide has spurred the Reserve Bank of India to take one of its boldest steps in more than a decade, capping banks’ end-of-day positions in the onshore currency market at $100 million
Rupee under pressure? Here's why FM Sitharaman says the rupee is ‘doing absolutely fine’
Finance minister tells Parliament rupee has fallen 4.1% since February but remains stable compared with other Asian currencies amid global pressures
India’s soaring oil bill shows limits of RBI’s rupee defence
The Reserve Bank of India took a dramatic step late last week to curb speculation in the foreign-exchange market and cushion the rupee as it slumped to record lows
India forces banks to unwind Rupee bets, squeezing short sellers
RBI has capped banks’ open currency positions as the rupee hits record lows and pressure builds after the Iran war.
Rupee slumps to record low past 94/USD, set for worst fiscal in more than a decade
The rupee declined 0.9% to end at 94.8125 after hitting an all-time low of 94.84 per dollar
India's forex reserves drop $7 billion to $709.76 billion: RBI
For the week ended March 13, foreign currency assets, a major component of the reserves, fell $7.678 billion to $555.568 billion, the data released by the central bank showed
RBI’s rupee defence nears $100 billion as currency hits record low
Even before the conflict broke out, the RBI was already heavily intervening to steady the rupee for months as high US tariffs spurred record equity outflows.
OPINION | Rupee’s weakness is because of challenges on the balance of payments front
Capital flows are in the midst of a tough phase, which has had a knock-on effect on the composition of foreign exchange reserves. RBI may increase interest rates sooner than later to offset narrow interest rate differentials
India’s falling FX buffer prompts calls for softer rupee defence
India’s forex assets, excluding gold, are now just enough to cover for 8.7 months of imports, the lowest in three years
India’s forex pile drops as RBI bolsters rupee amid Iran war
The forex stockpile fell by $11.68 billion in the week of March 6, according to Reserve Bank of India data released Friday
Rupee hits record low as oil risks, offshore dollar bids mount
The rupee weakened to 92.4750 per dollar, eclipsing its previous all-time low of 92.3575 hit on Thursday. It closed at 92.4550, down 0.7% on the week
Russia memo sees return to dollar system in pitch made for Trump
At the heart of the offer is Russia’s return to the dollar settlement system, a move which would mean a stunning reversal of Kremlin policy and, potentially, a dramatic shake up for global finance.
RBI surprises market with aggressive pre-open dollar sales, say bankers
The rupee rallied at the open to 90.4550 per dollar after settling at 90.70 in the previous session
OPINION | The Great Rebalancing: India's opening amidst a fracturing monetary order
The dollar is in deliberate retreat, central banks are hoarding gold, and the post-war monetary order is shifting. New Delhi has a narrow window to turn upheaval into advantage, and it can move faster now
Indian bond yields rise after lack of liquidity measures, CPI forecast hike spook traders
The benchmark Indian bond yield rose on February 9 to trade at 6.75%. State bond sales are now eyed by traders.
Rupee opens higher to 90.56 after interim agreement on US-India trade deal
The rupee opened 10 paisa higher on February 9 after sentiment turned positive post the US-India trade deal
Rupee opens marginally lower at 90.52 as traders eye RBI policy meet
The Indian currency was trading lower on February 4, with traders staying on the sidelines ahead of the MPC review
Rupee set for single biggest gain since December 2018, up 1.3% at 90.22
The local currency traded higher on February 3, after a late-night US trade deal spurred investor optimism
Rupee opens higher at 91.73 on post-budget optimism, likely RBI selling
Budget measures to enhance FPI inflows, RBI selling US dollar seen propping up the rupee
RBI–ESMA pact opens door for easier EU recognition of Indian clearing houses
This possibly removes certain key impediments for European firms to access Indian financial markets.
Rupee slides to 92 against dollar: What gets costlier and who benefits
The domestic currency has weakened by 202 paise, or over 2 percent, so far this month. In 2025, it had declined 5 percent amid sustained foreign fund outflows and a strong US dollar
Rupee under fresh pressure as Powell-Trump rift feeds Fed uncertainty
The 1-month non-deliverable forward indicated the rupee will open in the 90.22-90.28 range versus the U.S. dollar, having dropped 0.16% on Friday to settle at 90.1625.
Dollar defies Trump turmoil, rising with focus on the fed’s path
Traders ratcheted up their bets against the US currency heading into the new year, wagering it would be dragged down again as the Federal Reserve cuts interest rates, giving global investors incentive to shift cash to places where payouts are higher.
