Foreign exchange reserves have fallen for three straight weeks, losing about $38.2 billion, as the RBI intervenes to support the rupee amid higher crude oil prices

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…
The rupee appeared on track to open weaker around 95.35-95.40 per dollar, but central bank intervention right around the time the local spot market opened at 9:00 am IST helped shore up the currency

Broader markets underperformed, while investors remained cautious amid weak global cues and looked ahead to TCS results, the FOMC meeting minutes and key US economic data for direction

Overseas flows into index-eligible bonds have increased by ₹32,630 crore ($3.5 billion) since the June 5 reforms, according to latest available Clearing Corp of India data
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…

RBI's expanding FX forward book and interest payment hedges are likely to limit the rupee's appreciation despite lower oil prices.

Rupee trades narrowly against the dollar at 95.70, amid rising equity outflows and concerns over the West Asia crisis.

The Indian rupee faces pressure from equity outflows and regional weakness, but potential tax relief may provide support.



India faces rising inflation risks. Fuel prices are up, the rupee is weak, and a poor monsoon looms. The Finance Ministry warns of renewed price pressures. This comes before the Reserve Bank of India's policy decision. Wholesale price increases are a concern.…
India's weakening rupee is boosting export competitiveness. This adjustment helps Indian goods and services become more affordable globally. However, sustained export growth hinges on strong international demand and stable domestic inflation. The government h…

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…

The Reserve Bank of India is expected to hold its key interest rate steady in June. However, economists now foresee at least one rate hike by the end of the year. This shift is driven by concerns over elevated oil prices and a weakening rupee. Inflation remai…
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…

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…


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
The Indian Rupee gained ground against the US Dollar today. This rise follows an agreement between the US and Iran to extend a ceasefire. Forex traders believe this will ensure continued trade through the Strait of Hormuz. Stable oil prices offer relief to …

Shankar Sharma argues that India’s forex reserves are overwhelmingly built on “rented capital”, SIP inflows are facilitating foreign exits, and the country may soon have to choose between protecting the rupee and protecting the stock market.

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.
It is clear that Sri Lanka's traditional economic model and export policies have failed. Since the nineteenth century, we have been exporting traditional goods such as tea, rubber, and coconut, with the apparel industry being added in the eighties.However, si…
Even as markets remained volatile amid persistent FII selling, elevated crude oil prices, geopolitical tensions surrounding the Iran conflict and continued pressure on the rupee against the U.S. dollar, high net-worth investors increased their exposure to sel…
Higher fuel prices, Gulf airspace disruptions and a weak rupee are expected to pressure IndiGo’s earnings as investors assess how much strain the airline can absorb.