Page 5 - Anjali Kumari

RBI dollar sale holds rupee steady near record low amid strong bids

Rupee closed flat at 88.78 per dollar on Monday as RBI sold dollars to counter strong FPI demand and global dollar strength after the euro's fall

RBI pared back forward-dollar short position to $53 billion in August

The central bank has unwound $37 billion in forward-dollar shorts since February, allowing maturities to lapse and rebalancing exposure as it manages rupee volatility and liquidity

RBI proposes market-linked framework for external commercial borrowings

Links borrowing limit with borrower's financial strength

States, UTs to borrow ₹2.81 trillion via bonds in Q3 FY26, says RBI

States and Union Territories will borrow Rs 2.81 trillion in Q3 FY26 through securities, with borrowing patterns shaped by GST changes, redemptions and tax devolution

RBI unveils three measures to boost rupee internationalisation, expand SRVA

RBI announced lending in rupees to neighbours, transparent reference rates, and expanded SRVA use in corporate bonds and commercial papers to advance rupee internationalisation

Govt bond yields soften as RBI signals scope for further rate cuts

Government bond yields fell six basis points as RBI governor Sanjay Malhotra signalled space for further easing of 25-30 basis points, boosting gilts market sentiment

RBI to issue draft framework easing ECB norms, widens eligibility scope

RBI will release a draft framework to simplify ECB rules with wider borrower and lender eligibility, relaxed limits, eased reporting, and extended IFSC repatriation timeline

RBI keeps repo rate unchanged at 5.5%, revises GDP forecast to 6.8%

Governor Sanjay Malhotra projects softer inflation from GST cuts and food prices

RBI retains call rate as policy anchor in liquidity management framework

As part of operational changes, the central bank will discontinue the use of 14-day variable rate repo (VRR) and variable rate reverse repo (VRRR) as the main tools for managing short-term liquidity

Rupee weakens 3.7% in H1FY26, hits fresh lows on US tariffs, outflows

The rupee depreciated 3.7 per cent in H1FY26, hitting new lows on US tariffs, foreign outflows and crude prices, while government bond yields swung on RBI policy shifts

Rupee hits fresh closing low of 88.76 on outflows, US dollar demand

The rupee closed at 88.76 per dollar, weighed by foreign outflows and corporate demand, even as RBI intervention capped losses; bond yields rose on higher borrowing

RBI's MPC expected to keep repo rate unchanged: Business Standard poll

The domestic rate-setting panel kept the policy repo rate unchanged in August after a 50 basis points cut in June

H2FY26 borrowing calendar: G-sec yields set to fall as weekly supply eases

RBI's borrowing calendar extends weekly issuances into March and trims ultra-long supply, with the 10-year yield expected to open below 6.50 per cent on Monday

Banks park ₹90,931 cr at RBI's 4-day VRR auction, against notified ₹1 trn

A VRR auction is a monetary tool used by the central bank to inject short-term liquidity into the banking system, offering funds to banks at rates determined by market demand

India's foreign exchange reserves increase by $396 million to $702 billion

The reserves had hit a record high of $705 billion in September 2024

Rupee undervalued among peers, REER at lowest level since February 2019

The rupee's REER fell to 98.79 in July, the lowest since February 2019, with RBI easing intervention as FII outflows, rising imports and weak sentiment pressure the currency

RBI renews Statement of Commitment to FX Global Code for FX markets

The Reserve Bank of India has renewed its Statement of Commitment to the FX Global Code, reaffirming adherence to principles promoting integrity in foreign exchange markets

RBI sold $2.5 billion in July, Reer fell to 98.79, lowest since Feb 2019

During the current financial year, the RBI was a net buyer of the greenback only in May, while it remained a net seller in the other three months, April, June, and July

Nabard raises ₹4,039 crore at 6.85% coupon, short of ₹7,000 crore target

Yields remain sticky with marquee state-owned issuers preferring shorter maturities

Capri Global Capital to raise ₹400 crore via NCD issue from Sept 30

Capri Global Capital plans to raise Rs 400 crore through a public NCD issue with four tenure options, coupon rates up to 9.7 per cent and ratings of AA Positive and AA Stable