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Reserve Bank of India revives pre-market intervention to support rupee
The Reserve Bank of India has resumed aggressive pre-market forex intervention and capped bank positions to support the rupee at record lows near 95-96 per dollar.
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economictimes.indiatimes.com
Rupee finds some footing on dollar offers from state-run, foreign banks
The Indian rupee edged higher on Tuesday, recovering from an early dip near an all-time low. Dollar offers from state-run lenders and foreign banks provided support, with traders…
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thehindubusinessline.com
RBI intervenes as Rupee drops to record low
RBI intervenes as the rupee hits a record low, pressured by high oil prices and significant foreign investor withdrawals.
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cryptobriefing.com
Reserve Bank of India considers rate hikes and currency swaps to stabilize sliding rupee
The Reserve Bank of India is considering interest rate hikes and currency swaps to stabilize the rupee after it hit an all-time low of 91.7425 against the dollar.
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RBI revives aggressive pre-market intervention to arrest rupee’s slide
RBI’s pre-open intervention mirrored past episodes where it has acted aggressively to break a negative feedback loop of persistent depreciation and mounting pressure on the…
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Reserve Bank of India considers rate hikes and currency swaps to stabilize the rupee
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.
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Rupee shored up by firm central bank intervention, but oil risks linger
The Indian rupee strengthened on Thursday, marking its first gain in two weeks, following aggressive intervention by the central bank through dollar sales. A media report…
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Reserve Bank of India revives pre-market intervention to support rupee
The Reserve Bank of India has resumed aggressive pre-market forex intervention and capped bank positions to support the rupee at record lows near 95-96 per dollar.
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timesofindia.indiatimes.com
Rupee rebounds after RBI support, how long will the recovery momentum last?
The rupee ended higher on Thursday snapping a two-week losing streak after strong intervention by the Reserve Bank of India (RBI) helped support the domestic currency, though…
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theprint.in
RBI intervenes aggressively as rupee rebounds from record lows
The resumption of dollar sale by the RBI, comes around the time when the rupee opened at 96.30 in the onshore spot market.
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Rupee moves up after 10 days on likely RBI intervention
The Indian rupee saw its steepest gains in two weeks, rebounding against the dollar after significant central bank interventions. Talk of potential interest rate hikes also…
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Rupee's RBI-spurred relief rally to fade on Asia FX weakness, hedging
Rupee's relief rally fades as Asian currency weakness looms, despite RBI intervention and pre-market dollar selling.
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RBI intervened to shore up rupee, traders say
RBI's intervention boosts rupee, rising to 95.99 per US dollar after hitting a low of 96.30 earlier.
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RBI may revisit 2013 crisis playbook as rupee slides to record low
With the rupee nearing 97 against the dollar, the RBI is weighing rate hikes and dollar-raising measures to stem investor panic and capital outflows.
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RBI steps in with heavy dollar sales to defend rupee as currency rebounds from record lows: Report
The Reserve Bank of India (RBI) sold an estimated $2 billion to $3 billion on Thursday to defend the rupee against sustained pressure, and stepped in again on Friday, helping the…
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RBI's rupee defence persists after at least $2 bln intervention on Thursday, bankers say
RBI's $2 billion intervention strengthens the rupee, combating recent depreciation amid rising crude oil prices and market pressures.
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RBI helping hand muscles breathing room for rupee, cools forward premiums
The Indian rupee strengthened to close above 96 per dollar for the first time in a week, following aggressive interventions by the Reserve Bank of India. The central bank sold…
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India Rupee shows strong rebound on firm RBI support
On Friday, the Indian rupee made a notable leap, finishing the day above the 96 per dollar threshold. The surge was largely attributed to robust actions from the Reserve Bank of…