Forex market

Image Source : PTI At the interbank forex market, the local unit opened strong at 78.96 against the greenback and witnessed an intra-day high of 78.49 and a low of 78.96. The…
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India's central bank has zero tolerance for volatile and bumpy movements in the rupee and will continue to engage with the foreign exchange market to ensure the rupee finds its level,…
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India’s central bank appears to have ramped up intervention in the forwards market to slow the rupee’s decline and preserve its hard-earned reserves. The Reserve Bank of India has run…
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Image Source : PTI (FILE IMAGE) Rupee slips 13 paise to close at all-time low of 78.17 against US dollar The rupee plunged 13 paise to close at a fresh all-time low of 78.17…
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MUMBAI - The Reserve Bank of India (RBI) will conduct a sell/buy swap auction for $5 billion on March 8, a move that will help rationalise plunging forwards premia and level out rupee…
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Image Source : AP Gas price is seen at a Mobil gas station in Vernon Hills, Ill., Friday, June 11, 2021.…
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Exotic foreign-exchange derivatives are making a comeback in India, reflecting the central bank’s efforts to deepen the financial markets. After the Reserve Bank of India’s allowed…
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Image Source : PTI The SDR value remained flat at $19.114 billion.…
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