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Nifty Bank rises 650 points as report says RBI unlikely to hike rates to defend rupee; Axis, ICICI, HDFC shares jump up to 2%
Indian bank stocks surged on Friday morning. This followed a report indicating the Reserve Bank of India is not planning interest rate hikes to counter the rupee's decline. The RBI is reportedly focusing on inflation as the primary driver for its monetary policy decisions. Other measures are being considered in coordination with the government.
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6 prospettive sulla stessa storiaTimeline cronologica
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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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thehindu.com
RBI considers rate hike as rupee slumps: reports
RBI considers interest rate hike to stabilize the rupee amid recent declines, following internal discussions among top officials.
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thehindubusinessline.com
India bonds reverse gains as report RBI mulling rate hike outweighs external support
India's bond yields rise as RBI's potential rate hike concerns overshadow earlier gains amid global support.
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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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newsbytesapp.com
RBI considers rate hike as rupee hits new low
The Reserve Bank of India is exploring options like interest rate hikes, currency swaps, and overseas dollar investments to address rupee volatility, sources revealed.
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economictimes.indiatimes.com
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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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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Indian bonds end volatile session lower as rate hike bets rise
Indian bonds experienced a downturn as reports surfaced of the Reserve Bank of India considering interest rate hikes to bolster the rupee. This potential policy tightening…
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RBI not in favour of rate hikes to defend rupee, prioritises inflation, sources say
RBI prioritizes inflation over rate hikes to defend the rupee, despite market expectations and recent currency depreciation.
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Nifty Bank rises 650 points as report says RBI unlikely to hike rates to defend rupee; Axis, ICICI, HDFC shares jump up to 2%
Indian bank stocks surged on Friday morning. This followed a report indicating the Reserve Bank of India is not planning interest rate hikes to counter the rupee's decline. The…
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timesofindia.indiatimes.com
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…