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RBI contains rupee's fall, shrinks dollar-rupee forward premiums
The Indian rupee and dollar-rupee forward premiums declined as importer hedging, foreign portfolio outflows, and likely central bank interventions across FX market segments exerted opposing forces. Despite Reserve Bank of India's dollar-selling interventions and buy/sell swaps, pressure on the rupee is expected to persist due to weak capital flows and volatile oil prices.
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economictimes.indiatimes.com
Record rupee fall puts corporate India under greater investor scrutiny - The Economic Times
The rupee’s sharp depreciation, down about 10% against the dollar in the past year, has become a key concern during corporate earnings calls. Investors are increasingly…
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thehindubusinessline.com
Rupee ends little changed on two-way foreign portfolio flows, merchant hedging
The rupee closed at 94.99 per dollar, almost unchanged from its close at 95.00 on Friday.
