Intentar ORO - Gratis
RBI's $73 bn short book is weighing on Indian rupee
Mint New Delhi
|June 03, 2025
The potential dollar purchases may lead to the rupee falling to 86.50 per dollar by end-Dec, says IDFC First Bank
The Indian rupee is emerging as Asia's worst performer this quarter and may continue to lag peers as the central bank aims to avert a depletion in its foreign-exchange reserves, according to analysts.
Having already pledged to sell billions of dollars via derivatives contracts at various points in the future, the Reserve Bank of India (RBI) is expected to buy up sizeable amounts of the US currency to prevent its holdings from running down. Those purchases are seen putting pressure on the rupee.
Esta historia es de la edición June 03, 2025 de Mint New Delhi.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint New Delhi
Mint New Delhi
Oil giants who wrote off Venezuela are taking a second look
Rising above the din of voices in the lobby of the J.W. Marriott in Caracas is an unusual sound: Spanish spoken with a Texas twang.
4 mins
May 02, 2026
Mint New Delhi
Eating out, foreign travel may get costly after fuel price hike
Eating out or grabbing a roadside snack may get costlier after state-run oil companies sharply raised the prices of commercial cooking gas by nearly 50% on Friday—according to distributors—amid supply constraints linked to the West Asia war.
2 mins
May 02, 2026
Mint New Delhi
Artificial intelligence agents are becoming day traders, but gains are elusive
Jake Nesler's AI trading bot got one big decision right in its first week.
3 mins
May 02, 2026
Mint New Delhi
RBI warns banks, PDs on market conduct
In a pointed message to financial market intermediaries, Reserve Bank of India Governor Sanjay Malhotra cautioned that the privileges enjoyed by banks and primary dealers (PDs) come with clear obligations to ensure fairness and access across markets.
1 min
May 02, 2026
Mint New Delhi
Super MARIO
The pretenders are many but Mario Miranda, who would have turned 100 today, remains Goa's best-loved chronicler and cultural commentator
13 mins
May 02, 2026
Mint New Delhi
Govt may dial PE giants for Reits with state-run firms
The Centre is exploring partnerships with real estate-focused global investors to form real estate investment trusts (Reits) that will house optic fibre networks and land assets of central public sector enterprises (CPSEs), multiple people with knowledge of the matter said.
2 mins
May 02, 2026
Mint New Delhi
Apple logs record March quarter in India, iPhone sales defy slump
Apple Inc. on Friday reported a record March quarter in India—its 18th consecutive record period in the market— with double-digit growth in iPhone sales defying the country's broader slowdown in smartphone shipments, which declined nearly 12% in the same period.
2 mins
May 02, 2026
Mint New Delhi
West Asia war-driven selloff hurts AMCs' profits in Q4
Mark-to-market losses occurred as falling markets eroded value of AMCs' treasury portfolios
3 mins
May 02, 2026
Mint New Delhi
Drama and discontent on the world’s tallest mountain
In 1984, Siddharth Kak landed a ringside view into an expedition to Mount Everest as part of a film crew—at the heart of all the action, yet at a safe distance from it.
5 mins
May 02, 2026
Mint New Delhi
Spiritual, Heritage, Wildlife and Eco Tourism Made Easy
Madhya Pradesh has become the first state in India to launch an intra-state tourism helicopter service, making the two sacred Jyotirlingas - Mahakaleshwar, Ujjain and Omkareshwar - reachable within minutes of each other, boosting spiritual tourism across the state
1 mins
May 02, 2026
Listen
Translate
Change font size