Page 29 - Anjali Kumari

Rupee weakens after two-day rally as dollar strengthens, crude rises

The local currency has appreciated by 0.1 per cent against the dollar in the current financial year so far, whereas, in the current calendar year so far, it has witnessed 0.3 per cent appreciation

Rupee appreciates beyond 85 per dollar, pares gains on RBI intervention

The rupee gained as the dollar index fell, but pared gains to close at 85.09 per dollar amid likely dollar buys by the RBI through state-run banks

Bond market sees more OMO buys after RBI's surplus transfer falls short

Expectations of durable liquidity support via OMO rise after RBI's Rs 2.69-trn dividend transfer disappoints markets and currency leakage trends persist

Rupee logs best day in 30 months, rises nearly 1% against US dollar

Rupee rallies 0.9 per cent to 85.21 per dollar, its strongest one-day gain since November 2022, aided by RBI dollar sales, weaker greenback, and equity inflows

RBI board approves record surplus transfer of ₹2.69 trillion to govt

Contingent Risk Buffer range widened; Centre's fiscal maths get a booster

India's forex reserves fall $4.9 bn due to decline in gold holdings

India's foreign exchange reserves dropped by $4.9 billion to $685.7 billion in the week ended May 16 due to a sharp $5.1 billion decline in gold reserves

RBI sells $34.5 bn in FY25, highest since global financial crisis

RBI sold $34.5 billion in FY25 to stabilise the rupee amid US dollar strength, with forex reserves dipping and experts predicting record surplus transfer to government

Notes in circulation rose to Rs 34.8 trn in 2024: RBI's monthly bulletin

CAGR of notes in circulation in value terms higher than volume terms last year

Rupee depreciates to over one-month low as FPIs sell equities

Rupee falls to 86/$ for the first time since April 11 amid equity outflows and stop-loss orders, while bond yields ease on expectations of RBI's surplus transfer

NiC rises to Rs 34.8 tn but growth slows with shift to higher notes

Cash usage in India has slowed since the 1990s despite NiC rising to Rs 34.8 trillion in 2024, with increased ATM access and digital adoption impacting demand

PFC Q4 results: Profit rises 11% to ₹8,358 crore on interest income gains

PFC posts 11 per cent YoY profit rise in Q4 FY25; interest income and loan growth drive earnings; asset quality improves and renewable book rises 35 per cent

Open market operations: The central bank's new communication policy

The approach to managing liquidity and communication policy is yet another manifestation of how the central bank has taken a fresh view on the issue

Rupee steady versus dollar, but loses ground against euro, pound in 2025

The unit was stable against the dollar with 0.01 per cent appreciation so far in 2025

RBI penalises Deutsche Bank, YES Bank for breaching compliance norms

Deutsche Bank and YES Bank fined ₹50 lakh and ₹29.6 lakh respectively for violating RBI directions on credit reporting and disclosure of customer complaints

Forex reserves hit 7-month high of $690.6 billion, gold up $4.5 billion

India's forex reserves rise by $4.5 billion to a seven-month high of $690.6 billion, driven largely by gold valuation gains amid continued rupee volatility

IRFC raises ₹3,000 crore via 5-year bonds at record 6.65% cut-off

Strong demand, easing inflation, and RBI's expected rate cuts help IRFC raise ₹3,000 crore through five-year bonds at the lowest ever cut-off yield of 6.65 per cent

Rupee rises against dollar but falls against euro, pound amid trade deals

The rupee has been caught in a swirl of trade negotiations between the US and other major economies such as the UK and China, even as the US Fed considers rate cuts later this year

Easing investment norms: FPIs may take to lower rated corporate bonds

RBI's move to scrap short-term and concentration limits opens doors for FPIs to explore high-yield, lower-rated corporate bonds amid attractive returns and easing inflation

Rupee weakens on importers' demand amid decline in the dollar index

The rupee closed at 85.55 against the dollar on Thursday amid oil importer demand, while RBI bond purchases and soft crude prices supported market sentiment

Three RBI rate cuts likely from June as inflation dips below 4% target

With inflation staying under RBI's 4% target for two months, economists expect three back-to-back repo rate cuts, starting with a 25 bps reduction in June