The Reserve Bank of India unveiled a liquidity-boosting package that comprises a three-year USD/INR buy-sell swap and Rs 1 lakh crore in government bond OMO purchases, along with a unanimous 25 basis point repo rate drop to 5.25 percent. Governor Sanjay Malhotra stated that the central bank is still dedicated to supplying enough long-term liquidity,…
The Indian rupee closes at 90.19 versus the US dollar, down 0.36% from the previous close, setting yet another record low. The currency has declined by over 5% on a cumulative basis this year against the greenback. A stalled trade agreement between the US and India, persistent equity sales by foreign portfolio investors, and a…
Indian rupee closed at a historic low of 89.87 versus the US dollar, continuing its losing trend. The stalled India–US trade pact and continued FPI outflows from equities have added to the negative pressure on the currency. The rupee plummeted for the fifth straight day, setting a fresh low of 89.95 per dollar, down 0.45%…
The Indian rupee opened at 89.40, down 0.1% from the previous closing of 89.30 per US dollar. Due to the imbalance between strong importer hedging and cautious exporter flows, the rupee began lower on Friday, keeping it dependent on central bank support and susceptible to a lifetime low. After closing at 89.3050 on Thursday and…
In early trading on Wednesday, the rupee recovered its early losses and gained 2 paise to 89.20 against the US dollar, following a weak US dollar and positive sentiment in the domestic share market. Forex traders claim that, despite the Indian currency being under pressure due to increased crude oil prices, there was a foreign…
Due to bank sales of US dollars and a decline in the price of crude oil globally, the rupee recovered from record lows on Monday, rising 49 paise to 89.17 against the US dollar in early trading. Forex traders claim that the Reserve Bank of India’s (RBI) involvement and a favorable opening in the domestic…
Due to declining risk appetite, dwindling hopes for a Federal Reserve rate decrease, and uncertainty around a US-India trade agreement, the Indian rupee fell to a record low against the dollar on Friday. The rupee fell from its previous all-time low of 88.80, which was reached in late September and earlier this month, to 89.48….
According to a State Bank of India report, the Reserve Bank of India’s holdings in outstanding government securities (G-Secs) climbed from 11.9 percent in June 2024 to 14.2 percent in June 2025. “RBI’s share in outstanding government securities has increased to 14.2 percent in June 2025 from 11.9 percent in June 2024,” stated the study….
Retail inflation figures for October have reached their lowest levels ever. The October print came in at 0.3% due to food inflation dropping to -3.7% from -1.4% YoY in September and GST reductions in apparel, transportation, and healthcare easing core inflation outside of commodities. Although this near-zero figure appears optimistic on the surface, what does…
The presence of state-run banks curbed weakening in the local currency. Still, consistent interbank dollar bids dampened positive signals from increased risk appetite worldwide, causing the Indian rupee to move in a narrow band on Monday. The rupee was almost steady from its finish of 88.66 in the previous session, closing at 88.6750 against the…
