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
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
While the war is affecting macroeconomic dynamics in various ways, requiring intervention, economic management has become significantly complex for the Reserve Bank of India (RBI)
RBI permits residents to exchange rupee notes at forex counters in airport departure areas, extending a facility earlier largely limited to non-residents
State-run banks should refrain from speculative positions in offshore markets when the rupee is under pressure, a person familiar with the matter said
RBI crackdown on speculation triggers sharp rebound, echoing 2013 stabilisation playbook
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 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
RBI restricts banks from offering NDF contracts to corporates to curb speculation and stabilise the rupee amid sharp currency volatility
RBI's clampdown on rupee trades sparks market panic, volatility spikes, and banks scramble to unwind billions in arbitrage positions
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
Rupee falls 9.85% in FY26 amid foreign outflows and West Asia crisis, while bond yields rise despite rate cuts due to supply pressures and global uncertainties
A heated debate broke out in the Lok Sabha as Opposition MPs clashed with Union Finance Minister Nirmala Sitharaman over the sharp decline of the Indian rupee against the US dollar.
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>
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
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
Late Friday, the RBI announced new rules capping the open positions banks can hold in the onshore currency market at $100 million at the end of each trading day