RBI steps up intervention

RBI steps up intervention as rupee faces volatility
T he Reserve Bank of India (RBI) has stepped up its intervention in the foreign exchange market as the Indian Rupee faces increased volatility amid global uncertainties. The centr
RBI intervention in forex rises as Indian Rupee turns volatile
Data suggests that the forex reserves of the RBI has declined sharply by over $75 billion since September 27. This was the period when the Indian rupee depreciated from 83.70 against the US Dollar on September 27,
Heavy RBI intervention helps rupee log best week in 19 months
The Indian rupee logged its biggest weekly rise against the dollar in seven months, lifted by the central bank's heavy intervention in the foreign exchange market and kept speculators betting against the currency at bay.
USD/INR forecast: Indian rupee outlook after the RBI interventions
The USD/INR exchange rate has retreated this week, helped by the ongoing interventions by the Reserve Bank of India (RBI). It also retreated after Narendra Modi met with Donald Trump at the White House.
Indian rupee outperforms Asian peers at close on RBI's likely intervention
The local currency gained almost 1 percent and closed at 86.8300 against the US dollar on February 11, as compared to 87.48 against the greenback close on the previous trading session.
Dollar/rupee near forward premiums rise post RBI intervention
The dollar/rupee near forward premiums pushed higher this week on the back of the dollar liquidity spurred by the Reserve Bank of India's intervention while far forward premiums declined.
Back-to-back heavy central bank interventions lift Indian rupee past 87/USD
The Indian rupee rose sharply on Tuesday, aided by the central bank's heavy-handed intervention, which also triggered stop ...
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