Tag
RBI
5 articles
RBI Closes Dollar Swap Window Early, Rupee and Short-Term Bonds Sell Off
The Reserve Bank of India shut its FCNR(B) swap facility ahead of schedule, pushing the rupee to 95.61 per dollar and lifting the 10-year bond yield to 6.81 percent.
RBI's Early FCNR(B) Swap Closure Sends Rupee to 95.61, Lifts Bond Yields
Traders cut rupee and short-term bond positions after India's central bank ended its foreign-currency deposit swap window ahead of the Sept. 30 deadline.
RBI Cuts FCNR Window a Month Early After $56.8B Floods In
India's central bank moves the FCNR(B) deadline to Aug. 31 from Sept. 30 after inflows across three channels hit $56.846 billion in just over two months.
RBI Holds Rupee Above 85.50 as Oil Surge Drives Dollar Demand
State-run banks sold dollars Monday to counter rising crude prices and forward contract demand, keeping the rupee on the stronger side of 85.50.
RBI Dollar Intervention Bolsters Rupee, Shifts EM Fixed Income Outlook
India's central bank directs state oil refiners to use a special credit facility for dollar purchases, leading to significant rupee gains and recalibrating market expectations for Indian assets.