Short Rupee on India growth slowdown, UBS Narain says
Indian stocks have lost almost $500 billion in market value in the past month, with MSCI Inc.’s index for the nation marking the worst start to a year since 2016. The rupee has fallen to successive record lows against the US dollar, the worst performance in Asia.
RBI’s dollar sales may net Modi government bumper dividend again
The likely bonanza comes at a crucial time as the government is trying to revive an economy weighed down by weak consumption, anemic private sector investments and moderating tax revenues.
Trump's tariff rollout may be slower than the announcements, says Morgan Stanley's Chetan Ahya
A wider tariff imposition by Trump 2.0 would dent the corporate confidence much more than the base case, said Morgan Stanley. Chetan Ahya underscored that the Morgan Stanley's forecast could be at risk if Trump announces across-the-board tariffs.
Rupee ends weaker, logs worst week in 18 months on foreign outflows
The currency declined to an all-time low of 86.6475 earlier in the week but frequent interventions by RBI helped prevent sharper losses, traders said
Rupee gains 3 paise to 86.58 against US dollar in early trade
Higher crude oil prices and volatile global trends failed to prevent the withdrawal of foreign funds from domestic equities, capping a significant recovery in the Indian currency, forex traders said.
M Rajeshwar Rao to head MPC, T Rabi Sankar in-charge of financial market ops in RBI's portfolio rejig for deputy guvs
The reshuffle comes after the central bank’s senior most deputy governor and in-charge of the monetary policy Michael Debabrata Patra’s tenure ended on Tuesday.
RBI governor Sanjay Malhotra signals he’s open to more flexible rupee
Malhotra, who took office in December, has held multiple meetings with departments at the central bank ahead of his first monetary policy meeting in February
Rupee sinks to record low, settles 58 paise down at 86.62 against US dollar
The fall of 58 paise, or 0.67 per cent, in one session was the steepest since February 6, 2023 when the unit had lost 68 paise
Rupee may fall past 90 per dollar as RBI ditches quasi-peg, research says
A bigger depreciation of around 10%, taking the rupee to 95 is “not out of the question,” analysts Udith Sikand and Tom Miller wrote in a note.
Options pricing suggests rupee is likely to weaken further
There’s a nearly 60% likelihood of the rupee falling to 87 per dollar, compared with just an 9% chance of it recovering to 84 by the end of March
Hong Kong-Dollar peg makes less sense than ever
A rate divergence between the US and China erodes the city’s lure as a cheap place for companies to raise funds. It’s time to move on
Bearish Rupee bets drive hedging costs to highest since 2022
Dollar-rupee three-month offshore forward points, the cost of locking in forward dollar purchases, touched levels last seen in November 2022 on Thursday.
Rise in US bond yields, strong NDF dollar bids push rupee to record low
The rupee declined to 85.93 per U.S. dollar, weakening past its previous record low of 85.8575 hit in the last session. The currency was at 85.92 as of 9:45 a.m. IST.
Asia dollar bond volumes seen rising 20% as China deals gather pace
In the first few days of 2025, at least $6 billion worth of dollar bonds were issued, LSEG data and term sheets reviewed by Reuters showed. Deals have been priced by the Export Import Bank of Korea and aluminium producer China Hongqiao Group.
Indian rupee can drop to 90-92 levels against dollar in next 6-10 months
RBI’s currency inflexibility, in contrast to the flexibility of the CNY and the strengthening of the USD, makes it imperative for the RBI to allow for a higher currency depreciation and ease its interventions.
RBI should allow more Rupee volatility, says former RBI Deputy Governor Viral Acharya
Acharya’s comments come at a time when markets await clarity on whether new RBI Governor Sanjay Malhotra would continue with his predecessor’s approach of intervening firmly in the currency market.
Indian bond index inflows may lag estimate, says Morgan Stanley
Fully accessible route bonds — those offered to global investors without limits — will fall short of an initial $25-30 billion passive flow that was estimated to come in after their inclusion to the JPMorgan Government Bond Index-Emerging Markets, said a note.
Indian central bank likely selling dollars to support rupee, traders say
The rupee was quoted at 85.77 to the U.S. after dipping to an intraday low of 85.7950 in afternoon trade amid a fall in the Chinese yuan and an uptick in the dollar.
India rupee onshore-NDF arbitrage widens, new all-time low in sight
The rupee declined to 85.7900 per U.S. dollar, not far off the all-time low of 85.8075 hit last Friday. It opened on a weaker note, at 85.7025, and has been under pressure since.
Rupee volatility surge puts RBI’s currency strategy in focus
The rupee’s one-month implied volatility versus the greenback rose to as much as 4.09% on Monday, the highest since August 2023. This marks a shift from the currency’s recent stability, which saw the volatility gauge hit a record low this August.
Rupee recovers on RBI support after testing new low of 85.81, still falls most in seven months
For the year so far, the Rupee has weakened by 3% against the US dollar, and is set to post annual losses for seventh year in a row.
Rupee hits record low on strong NDF dollar bids; RBI likely steps in
The rupee declined to 85.3950 to the dollar, eclipsing its previous all-time low of 85.2825 hit on Thursday. The currency was last quoted at 85.39 as of 09:40 a.m. IST.
Rupee opens flat on likely RBI intervention, bond yield remain stable
Indian rupee touched a record low on Thursday after the US Federal Reserve signalled fewer rate cuts in 2025
Nifty may find it 'challenging' to deliver double-digit returns in 2025, Prime Securities sees moderation
Benchmark indices on Dalal Street could see some moderation in returns and wealth creation may shift to a more bottom up, stock specific approach, according to Prime Securities' capital market outlook for 2025. It sees consumption, IT products and infrastructure among key themes.
