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06.04.26 - 07:24
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Rupee rebounds: Currency rises 33 paise to reach 92.85 against US dollar (Times of India)
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The Indian Rupee strengthened against the US dollar on Monday. This gain followed intervention by the Reserve Bank of India to curb speculative positions. The central bank capped banks' net open positions. Despite this, foreign capital outflows and global uncertainties pose risks. The Rupee may strengthen further but volatility is expected to persist....
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02.04.26 - 13:02
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Rupee Surges After India′s Offshore Crackdown (Bloomberg)
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India's rupee just saw its biggest jump in over 12 years as the RBI continues its crackdown on offshore bets against the currency. Bhaskar Dutta explains how the central bank is restricting access to a $149 billion-a-day market often used to short the rupee.
(Source: Bloomberg)...
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02.04.26 - 08:18
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Rupee climbs 151 paise to reach 93.19 against US dollar (Times of India)
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The Indian rupee rebounded strongly, gaining 151 paise to 93.19 against the US dollar after the Reserve Bank capped banks' net open positions. Despite this regulatory intervention, underlying pressures from foreign fund outflows, a firming dollar, and high crude oil prices persist, impacting equity markets as well....
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