#currency
Uflex, US firm Spectra enters race for proposed polymer banknote programme
Homegrown polymer science firm Uflex, in partnership with the US-based Spectra Systems, has submitted bids for the proposed polymer banknote programme as the RBI evaluates potential suppliers to manufacture polymer-based currency substrate, sources said. The …
BRICS treads carefully on de-dollarisation: Main focus on payments, not a common currency
There is no mention of a common BRICS currency or a formal call for replacement of the US dollar. Instead, the document sticks to the more incremental, technocratic language the bloc has used since Rio and Kazan: interoperable payment systems, local-currency …
After the dollar deluge, costly choices
India must now choose among currency appreciation, inflation, bank losses, indirect public exposure and an expensive sterilisation programme
India Opposes BRICS Currency Plan , Commerce Minister Piyush Goyal Says New Delhi Does Not Support Scheme
India not in favour of separate BRICS currency : Goyal
In rare move , Canada Fairfax buys nearly $1b Indian govt bonds
Rupee drifts as oil dips; hawkish Fed risks, importer flows cap gains
The Indian rupee held steady as easing U.S.-Iran tensions lowered oil prices, boosting sentiment. However, anticipation of potential U.S. Federal Reserve rate hikes kept traders watchful. Importer demand also capped rupee gains. Despite a roadmap for a U.S.-…
India forex reserves fall $9 . 99 billion to $671 . 63 billion as of June 12
Rupee records strongest week in 11 as bond inflows, softer oil prices lend support
The Indian rupee maintained steady ground against the dollar last Friday, closing almost flat. The day’s trading featured some ups and downs, yet the rupee celebrated its best weekly performance in eleven weeks, thanks to a surge in foreign investments into I…
Rupee rises 20 paise to 94.20 against US dollar in early trade
The rupee appreciates 20 paise to 94.20 against the US dollar, boosted by positive trade negotiations and foreign inflows.
Rupee rises for fifth day , rallies to 6 - week high
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Making Overseas Remittances Cheaper Should Be India Next Priority
SBI Research calls for stronger RBI intervention as rupee slide outpaces fundamentals
RBI efforts boost rupee usage, yet global adoption remains limited
Despite RBI's efforts to boost rupee usage in international trade, including Special Rupee Vostro Accounts, its adoption for invoicing and settlement saw only modest growth over the past two fiscal years. This highlights the significant ground India must cove…
RBI likely intervened to shore up rupee , traders say
RBI data shows why the government is concerned about dollars flowing out of India
RBI balance sheet jumps 20.6% to ₹91.97 lakh crore in FY26
The RBI also reported a 6.7 per cent rise in overall surplus to Rs 2.86 lakh crore, while the value of its gold holdings surged due to rising gold prices and rupee depreciation against the US dollar
RBI flags US - Iran war impact on rupee , lists measures to manage forex
Dollar Dominance Remains Alive And Well (Part 1)
The dollar is supposed to be dying. We've heard that argument for the better part of a decade, and it's getting louder, not quieter. The narrative goes that BRICS countries are building an alternative, that China is dumping Treasuries, that gold is replacing …
RBI should use reserves to defend rupee , that what they were built for : Anish Tawakley
Rupee rises 5 paise to 95.53 against US dollar in early trade
At the interbank foreign exchange market, the rupee opened at 95.77 against the US dollar, then gained ground and touched 95.53 in early trade, up 5 paise from its previous close
Aggressive Asia Hikes Show Few Signs of Stabilizing Currencies
Asian central banks are turning to ever more aggressive interest-rate hikes to shore up currencies, though there are few signs of success.
RBI likely intervened to shore up rupee, traders say
The Reserve Bank of India likely intervened in the foreign exchange market to shore up the rupee ahead of the local spot market open on Friday, five traders told Reuters.
RBI monetary policy next week: What fixed-income investors should expect — here's what experts say
Markets await the Reserve Bank of India's monetary policy as fixed-income investors look for stable rates and range-bound yields amid inflation risks, currency pressures and cautious policy guidance.
Rupee Value Debate : Why India Currency Should Be Judged Beyond Exchange Rates
State-run banks' intermittent dollar sales cushion rupee, forward premiums fall
The rupee was down 0.1% at 95.7675 per dollar, with trading in Asia thinned out by a clutch of regional holidays
Why Not Have a Different Approach to Strengthen the Rupee ?
Weekly Rupee View: Rupee eyes stability
Rupee stabilizes at 95.69 amidst easing geopolitical tensions and lower crude prices, with key resistance at 95 and support at 96.25.
RBI $5 billion FX swap subscribed nearly twice over - The HinduBusinessLine
RBI’s $5 billion FX swap subscribed nearly twice over
RBI's FX swap auction attracted nearly $10 billion in bids, underscoring strong demand amid a weakening rupee.