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12.10.26 - 06:12
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Rupee Jumps on RBI Measures (Bloomberg)
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India's rupee climbs about 1%, leading gains versus the dollar in Asia on Monday, after the RBI took steps to bolster the currency. Bloomberg's Subhadip Sircar reports (Source: Bloomberg)...
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11.10.26 - 17:48
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Rupee relief, higher hedging costs: What RBI′s new forex rules mean (Times of India)
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Reserve Bank of India has introduced new measures aimed at stabilizing the Indian rupee against the dollar. These changes include tighter restrictions on foreign exchange derivatives and new reserve requirements for banks. Analysts expect these measures to ease rupee depreciation and lower speculative dollar demand temporarily. However, external factors like high crude oil prices may continue influencing the currency's stability....
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11.10.26 - 06:01
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India′s Rupee Defense Raises Question of How Far RBI Will Go (Bloomberg)
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The Reserve Bank of India is broadening its defenses to steady the rupee, taking some of its strongest measures since the 2013 taper tantrum. That may give the currency a boost as trading resumes Monday, but the question remains: how far is the central bank willing to go as external pressures mount?...
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