Page 13 - Indian Rupee

Iran ceasefire offers major boost to rupee ahead of RBI policy; oil plunges

The rupee is likely to open ‌in the 92.40-92.50 range versus the US dollar, having settled at 93.0075 on Tuesday

RBI set to hold rates while confronting weak rupee amid West Asia conflict

RBI now faces a dilemma over whether to raise interest rates to support the currency or keep borrowing costs low to cushion economic growth

Why Sensex cut losses, up 1,400 pts from day's low; Nifty at 22,968?

In the past three trading sessions, the Sensex has surged more than 2038 points, or nearly 2.75 per cent. Similarly, the Nifty 50 index has added more than 578 points, or 2.6 per cent

Rupee set to rise on spillover of RBI curbs; oil, outflows temper sentiment

The rupee is likely to ‌open in the 92.80-92.90 range versus the US dollar, having settled at 93.10 on Thursday

India's forex reserves plunge $30.5 bn in March amid RBI intervention

Forex reserves decline sharply amid RBI intervention to stabilise rupee; foreign currency assets fall in FY26 even as gold reserves rise

RBI's measures can delay the slide, but may not steady the rupee at 93

RBI faces a tough trade-off between defending Rupee and supporting growth, as oil shocks and global pressures make balancing exchange rate stability and domestic interest rates increasingly untenable

Best of BS Opinion: From war to AI, new pressures build on India's economy

Here are the best of Business Standard's opinion pieces for today

Rupee logs best day in over 12 years after RBI curbs speculation

Rupee rises 1.8% in its biggest single-day gain in over 12 years as RBI curbs speculative forex trades, pushing hedging demand onshore and lifting forward premiums sharply

Rupee posts best single day since Sep 2013, ends up 1.8% at 93.10/dollar

RBI crackdown on speculation triggers sharp rebound, echoing 2013 stabilisation playbook

Sensex cuts losses, up 2k pts from day's low, Nifty at 22,700; key reasons

Stock market today: Indian equity benchmark indices Sensex and Nifty staged a sharp recovery on Thursday, April 2, driven by a stronger rupee and selective buying across certain sectors

Rupee opens 130 paise higher after RBI curbs NDF trades, caps speculation

The Indian rupee opened 130 paise higher at 93.53 per dollar on April 2 after the RBI introduced fresh measures, including a ban on NDF trades, to curb forex speculation and stabilise the currency

RBI trading ban jolts India's $149 billion-a-day offshore rupee market

RBI has rolled out some of its toughest measures in more than a decade to curb speculation and support the currency, which has been setting successive record lows this year

Rupee set for more chaos as banks unwind $30 billion in arbitrage trades

RBI's clampdown on rupee trades sparks market panic, volatility spikes, and banks scramble to unwind billions in arbitrage positions

Rupee may slip further to 97/$ if West Asia war prolongs: BS poll

Don't expect rapid, drastic reversal even if calm returns, say experts

RBI's short forward book hits $77 billion, highest since March 2025

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

A weak rupee, high oil prices pose a double whammy for India's import bill

A weaker rupee and a war-led jump in crude may make India pay more for imports, affecting headline inflation as well as the trade deficit

Rupee breaches 95 per dollar, hits record low amid West Asia conflict

The rupee weakened past the 95 per dollar mark for the first time to 95.21 per dollar, falling 0.3% from the previous close

RBI's $100-million NOP cap: Clipping speculative wings, not growth

RBI steps in as rupee nears 95/$. Banks now capped at $100 million FX exposure to curb speculation. Will this stabilise the rupee -- or tighten liquidity? Here's what it means

RBI's move a stern warning to curb INR speculation: Abhishek Goenka

RBI has drawn a line in the sand on rupee volatility. With NOP caps, arbitrage unwinding, and possible FCNR moves - the central bank is stepping in decisively. But will it be enough>

RBI's boldest currency move in years brings rupee only brief relief

The intervention underscores the RBI's shrinking flexibility, as foreign-exchange reserves have shrunk in the first three weeks of March amid efforts to defend the rupee following the Iran conflict