Indian central bank to infuse record overnight funds post heavy FX intervention
India's central bank will infuse a record quantum of funds into the banking system through an overnight infusion on Wednesday, after it aggressively intervened in the foreign exchange (FX) market in the last two sessions.
RBI intervention in forex rises as Indian Rupee turns volatile
Data suggests that the forex reserves of the RBI has declined sharply by over $75 billion since September 27. This was the period when the Indian rupee depreciated from 83.70 against the US Dollar on September 27,
India Central Bank Intervenes to Curb Speculative Rupee Bets
The Reserve Bank of India intervened in the foreign exchange market this week to curb speculation in the rupee, according to a person familiar with the central bank’s thinking, surprising traders who expected a more hands-off approach on the currency from the new governor.
Back-to-back heavy central bank interventions lift Indian rupee past 87/USD
The Indian rupee rose sharply on Tuesday, aided by the central bank's heavy-handed intervention, which also triggered stop losses for speculators betting against the currency.
Reserve Bank of India steps in to curb rupee speculation
The Reserve Bank of India (NSE:BOI) (RBI) took action in the foreign exchange market this week to limit speculation in the rupee, an unexpected move that caught traders off guard who anticipated a more laissez-faire stance from the new governor,
Indian rupee outperforms Asian peers at close on RBI's likely intervention
The local currency gained almost 1 percent and closed at 86.8300 against the US dollar on February 11, as compared to 87.48 ...
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RBI Introduces Exclusive ‘bank.in’ Domain for Indian Banks to Curb Scam
RBI aims to reduce cyber security threats and malicious activities like phishing; and, streamline secure financial services.
Indian shares set to open higher ahead of central bank policy decision
Indian shares are set to open higher on Friday, ahead of the Reserve Bank of India's (RBI) monetary policy decision, in which the central bank is widely expected to cut interest rates to support ...
Nature Reserve Performs its 'Most Challenging' Rescue to Save Boar and Tiger Stuck in the Same Small Well
A tiger and a wild boar in India were brought to safety on Tuesday after falling into a well together. Their rescue is being described as "one of the most challenging rescue operations ever conducted.
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Economic Survey 2025: Are Indian Forex Reserves Sufficient to Cover Imports and External Debt
Indian forex reserves are enough to shield the economy from global liquidity tightening, currency depreciation pressures, and ...
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Indian rupee falls to record low after Trump’s tariff threats
The Indian rupee hit a record low on Monday, reaching 87.95 per dollar at the opening of the day, weighed down by the latest ...
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Indian rupee to plunge to all-time low following Trump’s new tariff plan
MUMBAI: The Indian rupee is set to open weaker on Monday, tracking losses in Asian currencies after U.S. President Donald ...