Anjali Kumari

Rise due to hedging costs on interest, not absorbed by RBI

Economists expect the central bank to use OMO sales, sell-buy swaps and other liquidity-management tools to gradually absorb the durable surplus

Gold reserves, by contrast, declined by $2.59 billion to $113.81 billion during the week as gold prices fell 0.56 per cent to $4,429 an ounce

10-year bond yield hits 7% after three months

Central bank will conduct a 26-day VRRR auction on Friday to absorb surplus banking-system liquidity; funds placed in the auction will be reversed on October 7

Regulator is working on multiple products leading to a guaranteed offering; guidelines for innovative bonds and the Swasthya scheme are expected in the coming days

The Basel III-compliant perpetual bonds will have a call option after five years, while the coupon rate is expected to be in the range of 7.85-7.90 per cent

L&T raised Rs 500 crore and IIFL Finance Rs 25 crore through tokenised bonds, following REC's debut issue as issuers test the new blockchain-based settlement framework

The rupee touched a low of 95.23 against the dollar before settling at 95.11 as Brent crude topped $100 a barrel; dealers cited RBI intervention in spot and swap markets

Rupee settles at 94.83 per dollar against 94.49 previously as rising crude oil prices, importer hedging and persistent risk-off sentiment boost dollar demand

Bids worth ₹2.59 trn received against ₹7 trn notified

In talks with finance ministry; access to derivatives is key

Fx reserves swell to nearly $741 bn, driven by rush of swap dollars

Liquidity surplus at record high of ₹9.7 trn; call rate drops below 5%

Sebi is set to launch Demat 2.0 next week, with REC expected to issue India's first tokenised bond using CBDC-based settlement

Twenty international banking units sanctioned $54.02 billion and disbursed $52.82 billion under the facility by August-end, according to IFSCA data

Liquidity surplus tops ₹7.75 trillion as FCNR(B) swap inflows continue; weighted average call rate drops to 5.02 per cent from 5.16 per cent

Banks mobilised $127.2 billion through the FCNR(B) swap window by August 31, taking total forex inflows under the RBI facility to $136.4 billion

Muted response to fresh ₹10 trn VRRR auctions; rupee appreciates to two-month high

Balance of payments recorded a deficit of $8.1 billion in Q1FY27 as portfolio outflows weighed, compared with a surplus of $4.5 billion in the year-ago quarter