Ashish Vaidya

The Reserve Bank of India (RBI) is seeking to prevent wild swings in bond markets by agreeing to pay higher interest rates to investors at bond auctions, people with knowledge of the central bank's operations say, while also buying bonds in the open market to stop yields rising too much.

Yields likely to head lower; Re gaining on oil price:DBS Bk

On the rupee front, Ashish Vaidya of DBS Bank India says oil has given a lot of support to the Indian currency in the run up to the Greece and China shakeout.

RBI's rupee management undermines hedging push

The effect of removing excess rupees from the system as the RBI sterilises the inflationary effect of money supply has further driven up rupee interest rates above dollar rates. This means banks and companies have to pay more rupees to hedge their dollar liabilities in the futures markets.

Expect at least one rate cut going forward: Economists

As per consensus expectations, the Reserve Bank of India (RBI) cut its policy interest rate by 25 basis points for the third time since January on Friday. It kept the cash reserve ration unchanged. In its statement RBI said there was little space for further easing.

Rupee opens at 53.45 per dollar

The Indian rupee opened at 53.45 per dollar versus 53.22 yesterday.

Rupee likely to be under pressure: Ashish Vaidya

With no immediate inflows lined up today and on the back of a stronger dollar, the rupee is likely to be under pressure, says Ashish Vaidya, UBS.

Rupee opens at 53.25 per dollar

The Indian rupee opened at 53.25 per dollar versus 53.22 yesterday.

Rupee seen between 52.75-53.30/USD: Ashish Vaidya

The rupee could break the technical support at 53.06/USD, primarily driven by inflows expected from offshore investors in the Oil India OFS, says Ashish Vaidya, UBS.

Rupee may not breach 55.46-55.50 in near-term: UBS AG

The rupee has been very volatile over the last few sessions. In an interview to CNBC-TV18, Ashish Vaidya, UBS AG says in the short-term, rupee may not breach 55.46-55.50. "We will have to wait for the winter session of parliament. There is also expectation on GAAR. So, there could be some positive vibes," he adds.