#forex-market
The 13.1% depreciation over the past one-and-a-half years appears to be a temporary phenomenon, says RBI DG
The Reserve Bank of India (RBI) Deputy Governor Poonam Gupta on Wednesday said that there is a fair case for the rupee to not just stabilise but even appreciate from current levels, as the currency's 13.1 per cent depreciation over the past one-and-a-half yea…
Rupee records strongest weekly gain since April as bond inflows, softer oil prices lend support
Rupee ended largely unchanged against the dollar after a choppy session on Friday, as weakness in regional currencies largely offset the unwinding of long dollar positions, but the currency posted its best week in the last 11 on debt inflows.
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.
Rupee falls 11 paise to 94.95 against US dollar in early trade
At the interbank foreign exchange market, the rupee touched 94.95 against the US dollar in initial trade, registering a fall of 11 paise over its previous close
Trading losses, low treasury income hurt banks in Q4
Banks faced significant trading losses in Q4 2025-26 due to rising interest rates and forex market corrections, impacting profitability. The Iran war has also clouded the business growth outlook, with lenders becoming cautious and focusing on portfolio protec…