India must now choose among currency appreciation, inflation, bank losses, indirect public exposure and an expensive sterilisation programme



New chair Kevin Warsh's approach to US monetary policy strengthens the prospect of a stronger dollar. That has implications for other currencies and the central banks that manage them, especially in Asia.

Gold and silver prices today, 4 June: Gold gains on MCX amid a weaker dollar and geopolitical tensions. Check the latest 24K, 22K gold and 999 silver retail rates in Delhi, Mumbai, Bengaluru, Kolkata, and Chennai.
What is gold and silver price prediction for Monday? Gold prices moved higher after reports suggested the United States and Iran could extend their ceasefire agreement. The weaker dollar and lower oil prices supported bullion. However, inflation concerns and …
India Business News: MUMBAI: RBI's record surplus transfer of nearly Rs 2.9 lakh crore reflects a year in which gains from dollar investments, forex market intervention an.

The dollar is supposed to be dying. We've heard that argument for the better part of a decade, and it's getting louder, not quieter. The narrative goes that BRICS countries are building an alternative, that China is dumping Treasuries, that gold is replacing …
The Reserve Bank of India saw a significant 52% surge in foreign exchange transaction gains, reaching 1.69 trillion rupees for the fiscal year ending March. This increase stems from selling dollars to protect the rupee. The central bank also reported substant…

Gold prices fell sharply as a stronger U.S. dollar and rising Treasury yields reduced demand, despite ongoing geopolitical tensions and persistent inflation concerns.

The rupee was down 0.1% at 95.7675 per dollar, with trading in Asia thinned out by a clutch of regional holidays
The Indian rupee weakened against the dollar as crude oil prices surged amid fading hopes for a U.S.-Iran peace deal. State-run banks intervened to cushion the fall. Rising inflation concerns are prompting analysts to anticipate a Reserve Bank of India rate…
The swap comes at a time when the central bank continues to defend a rapidly weakening rupee by selling dollars from forex reserves. Such a move can remove rupee liquidity from the country's banking system and can push up interest rates.




The rupee gained 35 paise against the US dollar as easing crude oil prices, RBI comments and hopes of a US-Iran deal boosted sentiment.
The Indian rupee saw its longest winning streak in a month, closing stronger against the dollar. This rise was driven by the Reserve Bank of India's market interventions and a significant drop in crude oil prices. Hopes for a U.S.-Iran peace deal boosted inve…
Gold, Silver Rate Today Live Updates: Gold and silver prices are seen to be range-bound this week on geopolitical sentiments. Analysts believe gold p
Gold prices surged over 1 percent on Monday. A weaker dollar and falling oil prices provided support. Investors are closely watching U.S.-Iran peace talks. Hopes for a breakthrough were tempered by U.S. President Donald Trump's comments. Oil prices hit two-we…
On Friday, the Indian rupee made a notable leap, finishing the day above the 96 per dollar threshold. The surge was largely attributed to robust actions from the Reserve Bank of India, following a dip towards 97 mid-week. Traders noted a wave of dollar offeri…

The RBI's aggressive dollar sales highlight India's vulnerability to external shocks, potentially impacting economic stability and growth. The post Reserve Bank of India sells $9.8B in March as rupee suffers steepest monthly drop since 2019 appeared first on …

Three members of the Brazil, Russia, India, China and South Africa (BRICS) economic bloc disposed of billions of dollars in US treasuries in one month, the most recent report from the U.S. Treasury Department shows. According to data from the Treasury Interna…
The Indian rupee strengthened to close above 96 per dollar for the first time in a week, following aggressive interventions by the Reserve Bank of India. The central bank sold billions of dollars and engaged in buy/sell swaps, pushing the rupee up despite ris…
Asian economies face a global energy shock. Policymakers are enacting emergency measures as currencies weaken and fuel costs surge. India urges reduced overseas travel and gold purchases. Indonesia hikes interest rates and tightens export earnings control. Th…

The currency snapped its losing streak on Thursday, driven largely by aggressive pre-market dollar selling from the Reserve Bank of India
The Reserve Bank of India aggressively sold dollars via state-run banks to halt the rupee's slide after it hit all-time lows. The intervention caused the rupee to surge significantly on the interbank market. This pre-open strategy, last used in March, aims to…
The Indian rupee is facing intense pressure due to rising crude oil prices, a strengthening dollar, and widening deficits. The Reserve Bank of India has actively intervened, depleting foreign exchange reserves to manage volatility rather than defend a specifi…
Global bond yields are climbing, prompting investors to re-evaluate market risks. This rise pressures equities, particularly those in the artificial intelligence sector. Experts note markets are reacting to inflation worries and oil price impacts. Investors a…
India Business News: MUMBAI: The rupee weakened to a record closing low of 96.53 against the dollar on Tuesday, marking its sixth consecutive session of decline, as sustai.