Tag: bank of india
RBI Move on Indian Rupee (INR USD) Speculation Highlights Regulatory Risk
Exchange-traded currency derivatives thrived in India for over a decade, fueled by retail investors and proprietary traders. Then the central bank bro [...]
India RBI Pushes Back FX Hedging Rule Implementation to May 3
India’s central bank pushed back the implementation of its rules on exchange-traded currency derivatives by about a month, after the measure triggered [...]
RBI Regulation: Exchange-Traded FX Derivatives Must Be Hedged
India’s central bank is said to have confirmed that exchange-traded currency derivative contracts linked to the rupee can only be offered for hedging [...]
RBI to engage external managers for small part of FX reserves: Das
The Reserve Bank of India (RBI) has “offered” a small amount of its foreign exchange reserves to external asset managers to manage, though it is not [...]
High forex transaction charges for smaller customers worrisome: RBI deputy governor Rajeshwar Rao
Foreign exchange transaction charges for medium-sized business remains opaque despite the regulator's efforts for transparency and banks don't seem to [...]
India’s FX reserves rise to $550 billion in week ended Nov. 25
India's foreign exchange reserves rose for the third straight week, to $550.14 billion in the week through Nov. 25, the Reserve Bank of India's (RBI) [...]
foreign exchange reserves: India’s foreign exchange reserves log fastest pace of growth since August 2021 after rising by a whopping $14.72 billion
India's foreign exchange stockpile recorded the biggest ever weekly increase in the period ended November 11, with a record $14.7-billion surge reflec [...]
india economy: Forex reserves are for rainy days, RBI didn’t just pick them up to keep as showpiece: Shaktikanta Das
Reserve Bank of India Governor Shaktikanta Das said that India's strong economic fundamentals and stable financial sector will make it the fastest gro [...]
india economy: Forex reserves are for rainy days, RBI didn’t just pick them up to keep as showpiece: Shaktikanta Das
Reserve Bank of India Governor Shaktikanta Das said that India's strong economic fundamentals and stable financial sector will make it the fastest gro [...]
india bangladesh trade: Rupee trade with Bangladesh likely as it fights forex crunch, say bankers
A dollar crunch in Bangladesh, dip in the country's foreign exchange reserves and a weakening taka may soon pave the way for a rupee loan line to Bang [...]
India foreign exchange reserve: India’s forex reserves fall by $2.23 billion for week ending Sep 9
India's foreign exchange reserves fell by $2.23 billion to $550.87 billion for the week ending Sep 9, according to data released today by the Reserve [...]
rbi: RBI has done a good job in increasing forex reserves: Raghuram Rajan
Former RBI Governor Raghuram Rajan claimed that the Reserve Bank of India (RBI) has done an excellent job boosting the country's foreign exchange rese [...]
rupee fall: Next pain point for rupee is $79 billion of unhedged debt
Indian companies are rushing to hedge their overseas dollar debt against further declines in the rupee, a process that threatens to cascade into addit [...]
rbi: RBI dive in forex markets keeps rupee from sinking below 80
The Reserve 's (RBI) calibrated and timely interventions in the foreign-exchange markets ensured the rupee stayed within the 80 mark to the US dollar, [...]
rbi: RBI dive in forex markets keeps rupee from sinking below 80
The Reserve 's (RBI) calibrated and timely interventions in the foreign-exchange markets ensured the rupee stayed within the 80 mark to the US dollar, [...]