Benchmark 10-year yield falls as crude prices ease on ceasefire reports; rupee gains on dollar sales but trims early rise amid importer demand and geopolitical caution
The rupee is likely to open in the 92.80-92.90 range versus the US dollar, having settled at 93.10 on Thursday
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
RBI crackdown on speculation triggers sharp rebound, echoing 2013 stabilisation playbook
CCIL said it would levy a volatility margin of 20 per cent of initial margin with immediate effect under its foreign exchange forward segment regulations
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
Don't expect rapid, drastic reversal even if calm returns, say experts
The rupee eventually settled at 94.81 per dollar on the final trading day of the 2025-26 financial year, little changed from Friday's close
RBI does not defend a fixed rupee level but intervenes to contain excessive volatility, using tools like forex reserves, liquidity tightening and regulatory curbs to stabilise markets
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
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 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 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>
Rupee hits record low of 94.85 amid oil price surge, FPI outflows and RBI actions. Key factors driving INR weakness and outlook explained.
RBI's NOP cap may support the rupee via dollar unwinding, but rising crude oil prices and global risks could limit gains. USD-INR seen in 92.50-96 range.
The move follows the RBI's March 27 directive, issued after market hours, capping the open positions that banks can hold in the onshore currency market at $100 million at the end of each trading day
Earlier in FY20, the benchmark Sensex tanked 23.8 per cent due to the outbreak of the Covid-19 pandemic, while the Nifty 50 crashed 26.03 per cent.
Here's how leading analysts expect FY27 to play out for different asset classes and suggest an ideal investing strategy.
The rupee tanked 86 paise to close at yet another all-time low of 94.82 (provisional) against the US dollar on Friday, weighed down by elevated oil prices and a stronger greenback amid uncertainties over the West Asia conflict. A sharp decline in the domestic equity markets and sustained FII outflows put further pressure on the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 94.18 and breached the 94.50-mark for the first time before closing at 94.82 (provisional) against the US dollar, down 86 paise from its previous close. The rupee slumped 20 paise to close at a record low of 93.96 against the US dollar on Wednesday. Stock, forex, commodity, and bullion markets remained closed on Thursday on account of Ram Navami. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.11 per cent higher at 100. Brent crude, the global oil benchmark, was trading at USD 109.8 per barrel, up 0.53 per
The rupee breached the 94.50-mark for the first time against the US dollar during intra-day trade on Friday and hit a record low of 94.56, weighed down by elevated oil prices and a stronger greenback amid no breakthrough in the West Asia conflict. A sharp decline in the domestic equity markets and sustained FII outflows put further pressure on the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 94.18 and kept sliding to hit 94.56 against the US dollar during intra-day trade, down 60 paise from its previous close. The rupee slumped 20 paise to close at a record low of 93.96 against the US dollar on Wednesday. Stock, forex, commodity, and bullion markets remained closed on Thursday on account of Ram Navami. "With consistent buying from oil companies, the rupee breached 94.50 with exporters holding their inflows, while importers buy dollars for their payables," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury