Dollar

RBI crackdown on rupee bets drives India's dollar hedging to 8-month low

Buying of forward dollars, or commitments by companies to acquire the US currency at a later date, fell 35% in October from a record high the previous month to $49.5 billion

Rupee extends gains for third day, settles at 94.75 against the dollar

The rupee appreciated for the third consecutive session, supported by foreign fund inflows into domestic equities, but a rebound in crude oil prices and geopolitical tensions capped gains

Roll out red carpet for dollar, make capital gains tax zero: Shankar Sharma

At the BFSI Insight Summit 2026, Shankar Sharma called for zero capital gains tax on foreign investors, better fixed-income returns and reforms to attract global capital to India

Roll out red carpet for dollar, make capital gains tax zero: Shankar Sharma

Shankar Sharma, founder of GQuant Investech, has said that the government has been very arrogant towards foreign capital and suggested rolling out the red carpet for dollars, no matter

RBI's net dollar purchases hit record $43.26 billion in August: Bulletin

The RBI's net dollar purchases more than doubled to $43.26 billion in August, while its outstanding net short position in the forward market climbed to a record $200.06 billion

Rupee settles at 2nd weakest close of 96.78 as RBI fails to lift sentiment

The rupee records its second-weakest close as external pressures and weak dollar inflows weigh; RBI Governor Sanjay Malhotra says the currency may be undervalued

Rupee recoups intraday losses as RBI intervenes via dollar sales

The rupee recovered from an intraday low of 96.15 per dollar to close flat at 95.99, aided by RBI intervention, softer crude prices and foreign inflows

RBI net dollar purchases hit record $18.65 bn in July: Monthly bulletin

The central bank's concessional swap facility drove dollar inflows, while its outstanding net short position in the forward market surged to a record $136.77 billion

The economics of a 'strong rupee'

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

Crude oil spike drags rupee to nearly 96 per dollar; Nifty dips 1.2%

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

Rupee falls 5 paise to close at 95.57 against US dollar on Friday

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

India's tightrope walk on Brics finance

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 in forwards hits record $136.77 billion

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

RBI to conduct ₹6 trillion VRRR auction to soak up excess liquidity

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

IDFC FIRST Bank prices $350 million five-year overseas bond at 5.80%

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

Rupee gains for fifth day as weak dollar, lower crude lift sentiment

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

Rupee rises for third session on softer crude, firmer dollar caps gains

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

Dollar slips as Iran truce hopes lift risk appetite before Fed meeting

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

Large Indian banks revive dollar bond plans after period of lull

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

Tata Capital raises $400 mn via 3.5-year overseas bond at T+107 bps

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