Dollar

Our currency policy is costly for people and generates small benefits for a subset

The Indian crude basket rose to $128.70 a barrel, adding to concerns over the import bill

The rupee pared most of its initial losses and settled at 95.57 (provisional) against the US dollar, down by 5 paise, on Friday, helped by a correction in crude oil prices and suspected RBI intervention. Forex traders said risk aversion in global markets and elevated crude oil prices are weighing on the rupee, which closed lower for the fifth consecutive session on Friday. The rupee opened on a negative note but pared some losses on suspected RBI intervention, a slight recovery in domestic stock markets from the day's lows and profit booking in crude oil prices at higher levels, traders said. At the interbank foreign exchange market, the rupee opened at 95.70 against the US dollar and fell further to a low of 95.79. However, the local unit later pared losses to hit the day's high of 95.51 before closing down by 5 paise at 95.57 (provisional) against the American currency. "The Indian rupee extended its downward spiral... logging its steepest weekly loss since May 15 amid surging cr

The Brics summit next week will test India's ability to navigate the changing currency landscape as it seeks to de-risk from the dollar

RBI's net short dollar position rose from $103.33 billion at June-end as the central bank remained active in the forward market amid depreciation pressure on the rupee

Benchmark 10-year government bond yield settles at 6.91 per cent, while the rupee closes at 95.39 per dollar as RBI dollar sales support the local currency

The senior notes, issued through the bank's IFSC Banking Unit, will mature in August 2031 and follow its $600 million international bond issuance last week

The rupee posted its strongest weekly gain since March as a weaker dollar, lower crude oil prices, foreign inflows and likely RBI intervention supported the domestic currency

The rupee gained on lower crude oil prices and RBI-linked dollar sales, but a stronger dollar ahead of the US Federal Reserve's policy decision limited the upside

Against the ​yen, the U.S. dollar was down 0.1% at 163.645 yen, on course for its sharpest daily decline ​since July 10

Indian banks are preparing dollar bond issuances before the RBI's concessional swap window closes in December, seeking cheaper overseas funding options

Tata Capital has raised $400 million through a 3.5-year overseas bond, with robust investor demand helping tighten pricing by 33 basis points from initial guidance

The rupee slipped to a three-week low as dollar buying by oil firms and NDF demand offset support from lower crude oil prices

RBI's net short dollar position in the forward market rose to $106.66 billion in May, with increases across both short- and long-term maturity buckets

NRI money can steady a wobble but it's not a substitute for durable capital inflows. We need structural changes in the bond and equity markets

From China's bid to expand the renminbi's global role to India's data centre boom, Narendra Modi's next challenges and Pope Leo XIV's views on AI, here's the best of BS Opinion

The domestic currency weakened against the dollar amid demand linked to forward maturities, oil company purchases and rising geopolitical tensions that boosted the greenback

As the rupee weakens, India's wealthy families are accelerating investments in global assets, making currency diversification a core wealth strategy

RBI has unveiled a five-pronged plan to attract foreign capital, boost dollar inflows, ease banking liquidity pressures and support the rupee

RBI records highest-ever net dollar sales in FY26 as the rupee remains under pressure from global uncertainty, capital outflows and rising crude prices