Anjali Kumari
Anjali Kumari
According to market participants, RIL may have bought between Rs 7,000 crore and Rs 10,000 crore worth of government bonds during the second week of April
Additionally, the central bank also purchased ₹40,000 crore worth of government securities via the Open Market Operations (OMO) auction
The Reserve Bank of India (RBI) intervened in the foreign exchange market via dollar buys, which capped the rupee's gain against the greenback, said dealers
The dollar index was trading a tad lower at 99.70, against the previous close of 99.75
Market participants said that the fall in overnight rates further weighed on OIS rates
The RBI has infused Rs 2.9 trillion via OMO auctions so far. It has also infused Rs 2 trillion via long-term variable rate repo (VRR) auctions
Foreign currency assets increased due to inflows and revaluation as the dollar weakened over the week, said market participants
The rupee settled at 86.05 per dollar on Friday, against 86.70 per dollar on Thursday. Last week, it had settled at 85.23 per dollar
The WACR moved in tandem with policy repo rate. Additionally, the overnight rates in collateralised segment - that is, triparty repo (TREPS) and market repo - broadly remained aligned with WACR
Aim to have surplus liquidity of around 1% of NDTL
The benchmark yield settled at 6.44 per cent, down from the previous close of 6.48 per cent. Bond yields and prices are inversely related
'Decisive improvement' in inflation outlook, says MPC as India braces for impact of US tariffs
The rupee fell by 0.5 per cent to settle at 86.26 per dollar, against the previous close of 85.86 per dollar. The Indian unit weakened 0.6 per cent on Monday
RBI is very selective about granting PD licences. If granted, Shriram Finance will be one of the first non-bank entities to receive a PD licence in recent times
The domestic currency erased all of its gains for the year, registering a 0.2 per cent depreciation in the current calendar year so far
Experts peg rupee at 85.50 against dollar by June; RBI expected to boost dollar purchases
Also, focus will be on liquidity-related measures to boost transmission of policy rates to bank lending and deposit rates
The US has proposed a 26 per cent reciprocal tariff on India, which will take effect from April 9
The market was surprised with the central bank's decision to stay away from the foreign exchange market as it was an opportunity to buy dollars
The central bank has been conducting a series of interactions with banks, seeking feedback to tide over the liquidity crunch in the banking system and improve monetary transmission