Tag: reserve bank of india
Indian cenbank’s FX strategy leans on NDF intervention to safeguard reserves, say sources
By Jaspreet Kalra, Nimesh Vora and Swati BhatMUMBAI (Reuters) - The Reserve Bank of India is relying more on interventions in the non-deliverable forw [...]
forex reserves: India’s forex reserves rise for second straight week, up by $2.56 bn
India’s forex reserves surged by $2.56 billion to $644.15 billion as of May 10, the latest data published by the Reserve Bank of India showed on Frida [...]
Brokers reopen doors to FX derivatives as dust settles
Mumbai: Top brokers have reopened the currency derivatives door for clients willing to declare that they comply with rules [...]
India’s forex reserves decline for third consecutive week
India's foreign exchange reserves declined for the th [...]
forex reserves: India’s forex reserves down by $2.8 bn to $640.33 bn as of April 19
India’s forex reserves contracted by $2.83 billion to $640.33 billion as of April 19, latest data published by the Reserve Bank of India showed on Fri [...]
Illegal forex trading: RBI cautions banks, customers | Business News
The Reserve Bank of India (RBI) has cautioned banks and customers again about unauthorised entities offering foreign exchange trading using the bankin [...]
forex reserves: India’s forex reserves up by $2.98 bn to hit fresh peak of $648.56 bn
India's foreign exchange reserves stood at an all-time high of $648.56 billion as of April 5, latest data by the Reserve Bank of India (RBI) showed on [...]
RBI rule ambiguity stifles FX derivatives boom, exposes regulatory gaps in India: Report
India's once-thriving FX derivatives market, a playgr [...]
We are consciously building forex reserves: RBI governor – Economy News
The Reserve Bank of India (RBI) is consciously building foreign exchange reserves in accordance with the prevailing market conditions, governor Shakti [...]
India Delays FX Hedging Rules in Bid to Soothe Trader Panic
(Bloomberg) -- India’s central bank pushed back the implementation of its rules on exchange-traded currency derivatives by about a month, after the me [...]
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 [...]
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 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
Emerging-market authorities must take action to protect their economies against spillovers from “populist and extreme" mac [...]
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 [...]