Forex

In the previous reporting week, overall forex reserves had dropped by $10.28 billion to $688.05 billion

Banks need to put in place a straight-through process for crediting the inward payments to individual accounts

The truly unsettling element in the scenario has been the fall in the exchange rate of the rupee. The fall predates the Iran conflict

Currency weakens and government bond yields rise as crude oil prices and US Treasury yields climb amid geopolitical tensions in West Asia

Rupee may stabilise at 92-93 against the dollar as foreign flows return, says EAC-PM Chairman, citing strong macroeconomic fundamentals and fiscal strength

RBI Governor says recent forex curbs are temporary and aligned with market conditions, as bond yields fall sharply and rupee strengthens on easing tensions

Rupee, bonds gain ahead of central bank's policy review outcome on Wednesday

In the previous reporting week, the overall reserves had dropped $11.413 billion to $698.346 billion

RBI permits residents to exchange rupee notes at forex counters in airport departure areas, extending a facility earlier largely limited to non-residents

CCIL said ‌it would levy a volatility margin of 20 per cent of initial margin with immediate effect under its foreign exchange forward segment regulations

Niyo Forex launches Chennai branch as part of its expansion plan, targeting Tamil Nadu's outbound travel and remittance demand with a phygital model and wider service network

Central bank's net short dollar position in forward market rises sharply in February, with long-term tenures driving the increase

Cap on banks' forex positions offers only short-lived relief as oil prices, capital outflows and structural imbalances continue to weigh on the rupee

Report suggests ring-fencing OMCs' $75-80 billion annual forex demand via special RBI window to improve visibility, ease volatility and stabilise rupee dynamics

Banks seek relief as RBI caps forex exposure, triggering potential $40 billion unwinding and raising concerns over MTM losses and rupee volatility

India's forex reserves dropped by USD 11.413 billion to USD 698.346 billion during the week ended March 20 due to a sharp decrease in gold reserves, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped USD 7.052 billion to USD 709.759 billion. The kitty had expanded to an all-time high of USD 728.494 billion during the week ended February 27 this year, before the onset of the West Asia conflict. For the week ended March 20, foreign currency assets, a major component of the reserves, increased by USD 2.127 billion to USD 557.695 billion, the central bank's data showed. Expressed in dollar terms, the foreign currency assets include effects of appreciation or depreciation of non-US units, such as the euro, pound, and yen, held in the foreign exchange reserves. However, the value of gold reserves decreased by USD 13.495 billion to USD 117.186 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down USD 65 million to USD 18

NRI deposit inflows declined 25.86 per cent to $10.61 billion in April-January 2026, mainly due to a sharp fall in FCNR deposits, even as NRE and NRO inflows rose

The rupee crashed 82 paise, or nearly 1 per cent, to settle at an all-time low of 93.71 (provisional) against the US dollar on Friday, weighed down by persistent foreign fund outflows and a steep rise in crude oil prices amid mounting geopolitical tensions. Forex traders said the Indian rupee is under tremendous pressure as surging crude oil prices and a shift toward risk-aversion dented investor sentiments. Moreover, heightened geopolitical uncertainty risks are driving energy costs higher, which could widen the trade deficit and stoke inflationary pressures, they added. At the interbank foreign exchange, the local unit opened at 92.92 against the greenback and soon breached the 93-mark for the first time. It kept losing ground through the session and eventually settled at 93.71 (provisional), down 82 paise from its previous close. On Wednesday, the rupee slumped 49 paise to close at its previous record low of 92.89 against the US dollar. Forex markets were closed on Thursday on

India's foreign exchange reserves fell by $11.7 billion to $716.8 billion in the week ended March 6, mainly due to a decline in foreign currency assets, RBI data showed

India's forex reserves dropped by USD 11.683 billion to USD 716.810 billion during the week ended March 6, the RBI said on Friday. In the previous reporting week, the overall reserves had increased by USD 4.885 billion to an all-time high of USD 728.494 billion. For the week ended March 6, foreign currency assets, a major component of the reserves, decreased by USD 9.880 billion to USD 563.245 billion, according to data released by the central bank. Expressed in dollar terms, the foreign currency assets include the effects of appreciation or depreciation of non-US units, such as the euro, pound, and yen, held in the foreign exchange reserves. The value of the gold reserves declined by USD 1.612 billion to USD 130.017 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down by USD 146 million to USD 18.720 billion. India's reserve position with the IMF also fell USD 45 million to USD 4.828 billion in the reporting week, according to data.