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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 billions of dollars and engaged in buy/sell swaps, pushing the rupee up despite rising crude oil prices. Analysts remain cautious, predicting potential further weakening if geopolitical tensions escalate.
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3 prospettive sulla stessa storiaTimeline cronologica
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thehindubusinessline.com
Rupee shored up by firm RBI intervention but oil risks linger
Rupee strengthens after central bank intervention, but risks from rising oil prices and geopolitical tensions remain.
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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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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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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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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 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…
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Oil slump, RBI support manifest in rupee’s three-day winning streak
The rupee gains for three days amid RBI support and falling oil prices, closing at 95.23 per dollar.