Tag: RBI

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RBI Regulation: Exchange-Traded FX Derivatives Must Be Hedged

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 [...]
Forex kitty hits record $642.5 billion, Rupee at new low

Forex kitty hits record $642.5 billion, Rupee at new low

Mumbai: India's foreign exchange reserves have surged to a new peak, reaching $642.49 billion as of March 15, 2024. The milestone was achieved even as [...]
India’s forex reserves touch 2-year high, set to cross record levels

India’s forex reserves touch 2-year high, set to cross record levels

India’s foreign exchange reserves are on their way to crossing their record-high levels, after increasing for the third straight time in the week ende [...]
Indian Crypto Investment Platform Mudrex to Offer U.S. Bitcoin ETFs to Indian Investors

Indian Crypto Investment Platform Mudrex to Offer U.S. Bitcoin ETFs to Indian Investors

"This is much more valuable to institutions, as this was already available to retailers," Patel said in an interview with CoinDesk. Retail clients in [...]
Dollar crunch may ensue if RBI takes delivery of $5 billion FX swap maturing next week: Experts — TradingView News

Dollar crunch may ensue if RBI takes delivery of $5 billion FX swap maturing next week: Experts — TradingView News

Expectations of the Reserve Bank of India (RBI) taking delivery of a $5 billion forex swap maturing next week will create a dollar crunch in the forex [...]
Rupee to rise tracking Asia FX; importers, RBI curb upside

Rupee to rise tracking Asia FX; importers, RBI curb upside

By Nimesh VoraMUMBAI (Reuters) - The Indian rupee will open higher on Thursday, tracking most Asian peers on upbeat risk, following which it is expect [...]
India’s Forex Reserves Decline $5.2 Billion, RBI’s Intervention to Defend Rupee | India Business News

India’s Forex Reserves Decline $5.2 Billion, RBI’s Intervention to Defend Rupee | India Business News

MUMBAI: India's foreign exchange reserves declined by $5.240 billion to $617.230 billion in the week that ended on February 9, coming off a month high [...]
India’s forex reserves at 1-month high of USD 622.47 billion

India’s forex reserves at 1-month high of USD 622.47 billion

NEW DELHI: India's foreign exchange reserves rose by USD 5.736 billion to USD 622.469 billion in the week that ended on February 2, 2024, hitting a mo [...]
India CBDC Insider Reveals Current Stance of Country’s Central Bank

India CBDC Insider Reveals Current Stance of Country’s Central Bank

The Reserve Bank of India (RBI) is now looking into technology solutions to solve privacy concerns posed by a digital rupee, the official said. While [...]
Raghuram Rajan calls upon EMs to build forex reserves

Raghuram Rajan calls upon EMs to build forex reserves

Emerging-market authorities must take action to protect their economies against spillovers from “populist and extreme" mac [...]
India's forex reserves jump $1.63 bn to $618.9 bn, shows RBI data – Business Standard

India's forex reserves jump $1.63 bn to $618.9 bn, shows RBI data – Business Standard

India's forex reserves jump $1.63 bn to $618.9 bn, shows RBI data  Business Standard www.business-standard.com [...]
India’s forex reserves up $1.6 bn to $618.94 bn as of Jan 12

India’s forex reserves up $1.6 bn to $618.94 bn as of Jan 12

India's foreign exchange reserves saw a mild uptick of $1.6 billion to $618.94 billion as of January 12, 2024, the Reserve Bank of India said on Frida [...]
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