The Reserve Bank of India weighs interest rate hikes, $15B in currency swaps, and dollar reserves to stabilize the rupee amid capital outflows and a strong dollar.

The issue of Resurgent India Bonds and India Millennium Bonds more than two decades back, and a forex swap in 2013, is instructive

RBI intervenes as the rupee hits a record low, pressured by high oil prices and significant foreign investor withdrawals.

The Reserve Bank of India (RBI) on Tuesday announced a $5 billion USD/INR buy-sell swap auction scheduled for May 26 as part of efforts to inject long-term liquidity into the…

RBI has done a good job in tough times

Rupee has remained under pressure since the Middle East conflict erupted in late February, falling nearly 6% and hitting multiple record lows against the US dollar. The currency…

Rupee strengthens after central bank intervention, but risks from rising oil prices and geopolitical tensions remain.