Tag
indian rupee
7 articles
RBI's Rupee Intervention Halts Six-Month Slide, Reserve Draw Suggests Structural Pressure
The Reserve Bank of India deployed its strongest currency support measures since 2013, driving a 1 percent single-day rupee gain, but persistent capital outflows and trade deficits raise questions about sustainability.
Rupee Sinks to Two-Month Low as Traders Bet on RBI Hawkishness
Indian currency slides to 96.43 per dollar on equity outflows; market prices higher-than-expected rate action as inflation defense
Rupee Breaks Range as Oil Drop and FPI Inflows Align
The rupee closed at 95.41 Tuesday after breaching key resistance, supported by $2.4 billion in August FPI inflows and a 2 percent crude oil decline.
30-Year Treasury Yield Hits 19-Year High at 5.239% as Rupee Steadies on RBI Intervention
The rupee held at 95.68 per dollar after Reserve Bank of India intervention, while longer-dated U.S. debt yields surged on mixed Fed signals and persistent oil volatility.
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 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.