#forex
RBI said to conduct at least $10 billion forex swaps to drain cash
Banks have been awash with cash after the RBI’s measures to attract foreign capital raked in more than $140 billion, far exceeding official expectations.
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 strengthened by 20 paise to 94.20 against the US dollar in early trade on Friday, fueled by optimism surrounding India-US trade negotiations. Positive foreign inflows and supportive oil prices contributed to the rupee's upward momentum. Officials in…
Rupee Rises 20 Paise to 94 . 20 Against US Dollar in Early Trade
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
Rupee closes higher for the fifth consecutive trading session
The rupee closed 20 paise stronger at 94.33 per US dollar against the previous close of 94, lifted by the signing of an agreement by the US and Iran to end the war
Rupee’s oil relief capped by RBI's FX book, interest payment hedges, bankers say
RBI's expanding FX forward book and interest payment hedges are likely to limit the rupee's appreciation despite lower oil prices.
Rupee falls 21 paise to 94.71 against US dollar in early trade
Rupee falls 21 paise to 94.71 against US dollar amid hawkish Fed and rising dollar index in early trade.
RBI income from forex transactions rises 52 pc to Rs 1 . 69 lakh crore in FY26
RBI flags US-Iran war's impact on rupee, lists measures to manage forex
The Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, the Middle East conflict and FII outflows. RBI intervened in forex markets and expanded measures such as SRVAs and local c…
Reserve Bank's FY26 income gets Rs 1.69 lakh crore forex boost
The Reserve Bank of India saw a significant 52% surge in foreign exchange transaction gains, reaching 1.69 trillion rupees for the fiscal year ending March. This increase stems from selling dollars to protect the rupee. The central bank also reported substant…
Thomas Cook India, Atlys partner to integrate Forex into visa application journey
Thomas Cook India and Atlys have partnered to integrate foreign exchange services into the visa application process. This collaboration aims to provide travelers, particularly students and leisure travelers, with convenient access to forex solutions like visa…
फ्यूल , फर्टिलाइजर और फॉरेक्स की बढ़ती लागत के बावजूद भारतीय अर्थव्यवस्था मजबूत : सीतारमण - west asia crisis puts pressure on forex fuel and fertiliser says fm sitharaman
Nirmala Sitharaman urges focus on fuel, fertiliser, forex amid West Asia crisis
The remarks came hours after petrol and diesel prices were raised for the fourth time in 11 days.
Can NRIs get Indian credit cards? Here’s what banks don’t tell you
Premium Indian credit cards can offer NRIs strong rewards, travel perks and family support—but forex fees, KYC norms and eligibility rules can complicate the math.
RBI ready to do 'whatever is required' to curb rupee volatility: Sanjay Malhotra
The Reserve Bank of India is ready to act to stabilize the foreign exchange market. Governor Sanjay Malhotra indicated the rupee may be undervalued. The central bank has tools and reserves to manage volatility. Inflation remains the primary focus for monetary…
Forex spends by Indians drop 2% to $29 billion in FY26
India Business News: MUMBAI: Total outward remittances under the Liberalised Remittance Scheme (LRS) witnessed a contraction in FY26, dropping about 2% to $29 billion from.
Jewellers seek PMO meeting over Modi’s call to curb gold purchases
At Secunderabad rally, Modi urged steps to curb forex outgo, including using public transport, working from home and limiting foreign travel
RBI likely selling dollars to limit rupee's fall, traders say
RBI intervenes in forex market to curb rupee's decline amid rising oil prices and economic concerns, traders report.
RBI may have to bear forex risk to boost foreign money inflows
India may need central bank support to attract dollar investments, potentially through forex deposit schemes, to cover exchange risks and offer competitive yields. Economists suggest higher subsidies from the RBI might be necessary to make such initiatives at…
Banks to report all related party forex derivative transactions: RBI
India Business News: Mumbai: RBI has required banks to report all foreign exchange derivative deals involving the rupee undertaken in India and globally by their entire gr.