Essayer OR - Gratuit
Rupee finds fair value
Financial Express Kolkata
|July 28, 2025
IN TWO MONTHS, between April and May 2025, the central bank reduced its net forward book by $20 billion from $84 billion to $65 billion, signaling a strategic unwinding of its long dollar positions.
-
While in the spot market in May, the RBI net purchased $1.7 billion. It bought $9.1 billion and sold $7.3 billion in the spot market.
Analysts believe this shift weighed heavily on the INR. By balancing a large short position and opportunistically buying dollars, the RBI has allowed the rupee to slide while containing volatility.
Cette histoire est tirée de l'édition July 28, 2025 de Financial Express Kolkata.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Financial Express Kolkata
Financial Express Kolkata
Trade deal stalled as Modi didn’t call Trump: US Commerce Secy
ATRADE PACT between India and the United States stalled last year because Prime Minister Narendra Modi did not make a telephone call to President Donald Trump ahead of a deal, US Commerce Secretary Howard Lutnick said on Friday.
1 min
January 10, 2026
Financial Express Kolkata
Major reforms expected in customs procedures
AS FINANCE MINISTER Nirmala Sitharaman is set to present the Union Budget for FY27 in Parliament on February 1, industry stakeholders and tax experts are expecting significant reforms in the customs procedures, particularly the simplification of the special valuation branch (SVB) process.
1 mins
January 10, 2026
Financial Express Kolkata
Fx reserves drop $9.8 bn, biggest dip in 14 months
FOREIGN EXCHANGE RESERVES recorded their biggest weekly drop in 14 months as the Reserve Bank of India (RBI) sold dollars to support a weakening rupee, analysts said.
1 min
January 10, 2026
Financial Express Kolkata
RBI guv: Regulators and regulated are in the same team
RESERVE BANK OF India (RBI) governor Sanjay Malhotra on Friday said digitalisation is transforming the financial system, demanding agility and collaboration in regulation and supervision.
1 min
January 10, 2026
Financial Express Kolkata
Govt's AGR lifeline to lift Vi's funding prospects
Telco gets 10-yr moratorium
1 min
January 10, 2026
Financial Express Kolkata
Pension funds may directly invest in infra
ASSETS UNDER MANAGEMENT under NPS for the government sector and the nongovernment sector stood at around ₹16 lakh crore as on November 30, 2025.
1 mins
January 10, 2026
Financial Express Kolkata
Bain’s Manappuram deal faces delay as RBI objects
SEBI, COMPETITION COMMISSION HAVE ACCORDED APPROVALS
1 min
January 10, 2026
Financial Express Kolkata
Trump cancels 2nd wave of attacks on Venezuela
US PRESIDENT DONALD Trump said he had canceled a second wave of attacks on Venezuela following cooperation from the South American nation.
1 min
January 10, 2026
Financial Express Kolkata
EV sales momentum to slow down in 2026
CHINA'S RETAIL SALES of newenergy vehicles (NEVs) are set to expand at a slower pace this year as government-backed trade-in subsidies are gradually phased out, removing a key pillar of support for the world's biggest auto market.
1 min
January 10, 2026
Financial Express Kolkata
Gifting of MF units to minors will not lower tax liability
YOUR QUERIES: INCOME TAX
2 mins
January 10, 2026
Listen
Translate
Change font size