The Reserve Bank of India has capped banks’ net open positions in the rupee at $100 million in the onshore deliverable market, in a move aimed at containing currency volatility after the rupee fell to a record low against the US dollar. The step comes as pressure on the Indian currency has
The Indian rupee is expected to remain under pressure near record lows despite some relief from falling oil prices, as maturing non-deliverable forward positions and capital outflows continue to drive dollar demand. The Reserve Bank of India was seen intervening through state-run banks to limit further losses, helping the rupee hold just above its weakest-ever […]
The rupee fell 31 paise to 92.32 against the US dollar in early trade on Thursday, hitting a fresh record low as rising crude oil prices and broader risk aversion weighed heavily on the Indian currency. The sharp move came amid renewed pressure on emerging market assets after energy markets reacted to escalating tensions in […]
The Reserve Bank of India (RBI) has begun discussions with stakeholders to review and potentially relax rules governing overseas investments by Indian entities, aiming to improve capital access and support global expansion of domestic companies. RBI Overseas Investment Norms Review Officials have initiated consultations with banks, industry representatives and financial
The Reserve Bank of India (RBI) kept the benchmark repo rate unchanged in its first monetary policy decision after the Union Budget, maintaining its cautious approach amid moderating inflation and steady economic growth signals. RBI Repo Rate Decision After Budget The Monetary Policy Committee decided to hold the repo rate steady, signalling continuity in its […]
The Reserve Bank of India on Wednesday began its Monetary Policy Committee meeting to assess macroeconomic conditions and decide on the future course of interest rates. Rate Decision Due on Friday The three-day meeting will conclude on Friday, when the RBI will announce its policy decision. The committee will review inflation trends, growth indicators, liquidity […]
The Indian rupee has logged its worst monthly performance in three years, weakening sharply against the US dollar during January. Persistent pressure from foreign fund outflows and strong dollar demand pushed the currency close to record lows. RBI Steps In to Defend Key Level The rupee slipped near the ₹92 per dollar mark during the […]
India recently crossed a major financial milestone. Its foreign exchange reserves went past $700 billion. This should have been big news, but it barely caused a ripple. There were no speeches, no celebrations, and no political chest-thumping. That silence itself tells an important story. India’s most important economic achievement today is not fast growth or […]
India’s central bank has quietly made one of the most economically consequential proposals in recent BRICS discussions. By urging the government to place interoperability of central bank digital currencies on the BRICS agenda, the Reserve Bank of India is not chasing ideological headlines or currency symbolism. It is targeting a very old and very expensive […]
Introduction In simple terms, this article explains what really happened to money in the system after demonetisation and why the Reserve Bank of India later had to remove money instead of adding it. A common belief is that demonetisation created such a severe cash shortage that RBI was forced to print money to keep banks […]















