Reserve Bank of India
India forex regulator criticises banks’ rupee arbitrage trades
The regulator rebuke banks for transferring arbitrage trades from their books to corporate clients
India’s central bank holds rates as Iran war upends economic outlook
[MUMBAI] The Reserve Bank of India kept its key policy rate unchanged on Wednesday (Apr 8) as it awaits clearer evidence of the impact from the Iran war on the South Asian nation’s economy.
India FX cap softens pressure on rupee even as offshore influence lingers: Axis Bank director
The RBI has ‘effectively broken’ the direct link between the onshore and offshore markets, says Neeraj Gambhir
Indian bank stocks’ US$95 billion rout may deepen on macro risks
At stake is the outlook for the country’s US$4.5 trillion stock market, given banks account for nearly a third of the benchmark index
India’s boldest currency move in years brings brief rupee relief
RBI flexibility falls as FX reserves drop in March to defend the rupee following the Iran conflict
India’s economy strong enough to face external shocks, RBI says
The capacity and resilience of the Indian economy to absorb external shocks have strengthened over time
India’s central bank ramps up key tool to defend falling rupee
The build-up comes as emerging markets face renewed pressure from a resurgent US dollar
Iran conflict forces central banks into sharp policy rethink
IMF urges policymakers to ‘think of the unthinkable’
India’s central bank deploys US$12 billion to defend rupee as Iran war jolts markets
The scale of the intervention underscores the challenge it faces in containing volatility triggered by the conflict
Indonesia, India intervene to support currencies amid Iran war
The war is sparking a rally in oil prices, which will increase import costs and inflationary pressures for most Asian economies
