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Indian Companies Hedge Against Rupee Weakness

By Uniquetimesorg October 5, 2026 0

Indian companies are increasing their protection against a possible fall in the rupee, indicating that concerns over the currency remain despite measures taken by the Reserve Bank of India to support the economy. Importers booked nearly $77 billion in currency hedges in September, the highest monthly amount on record. The September figure was more than […]Continue Reading

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India’s Balance of Payments Surplus Jumps to $20.8 Billion in July

By Uniquetimesorg September 15, 2026 0

India’s balance of payments (BoP) recorded a $20.8 billion surplus in July 2026, sharply up from just $0.3 billion a year earlier, as foreign-exchange inflows surged following measures by the Reserve Bank of India (RBI) to attract overseas deposits. The improvement comes despite continued pressure on the country’s external accounts from elevated oil prices and […]Continue Reading

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Bank of India Mobilises $2.4 Billion Through FCNR(B) Deposits

By Uniquetimesorg September 11, 2026 0

Bank of India has mobilised nearly $2.4 billion through Foreign Currency Non-Resident (Bank), or FCNR(B), deposits under the Reserve Bank of India’s concessional swap window. The state-owned lender plans to use the relatively cheaper funds to retire high-cost deposits and borrowings, while deploying a portion into higher-yielding assets, according to a source. The bank Continue Reading

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Rupee Set to Stay Rangebound as Inflows Offset Month-End Pressure

By Uniquetimesorg August 24, 2026 0

The Indian rupee is expected to remain largely rangebound this week as strong capital inflows and measures supporting the country’s balance of payments provide a cushion against month-end demand for dollars. The rupee closed at 95.6950 per dollar on Friday, down around 0.3% for the week, with intervention by the Reserve Bank of India helping […]Continue Reading

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Indian Finance Minister Urges Focus on ‘3Fs’ Amid Gulf Energy Crisis

By Uniquetimesorg May 25, 2026 0

Indian Finance Minister Nirmala Sitharaman on Monday urged the nation to prioritize the “3Fs”—fuel, fertilizer, and foreign exchange—to navigate severe economic headwinds driven by the ongoing Gulf crisis. Speaking at an event in Mumbai, Sitharaman reinforced Prime Minister Narendra Modi’s recent plea for citizens to adopt austerity measures, including Continue Reading

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Rupee Under Pressure as Oil Firms Limit Use of FX Credit Line

By Uniquetimesorg April 30, 2026 0

India’s state-run oil refiners are making only limited use of a special foreign exchange credit line offered by State Bank of India, reflecting concerns that the rupee may weaken further. The facility, introduced in mid-April, was designed to reduce immediate dollar demand for oil imports. However, refiners fear that a depreciating rupee would increase repayment […]Continue Reading

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Rupee Slides Past 93 Per Dollar Amid Oil Shock and Iran Conflict Concerns

By Uniquetimesorg March 20, 2026 0

The Indian rupee weakened sharply on Friday, breaching the 93-per-dollar mark for the first time as escalating concerns over an Iran-led conflict disrupted global energy supplies. The currency dropped about 0.7% to 93.2750 against the U.S. dollar, surpassing its previous record low of 92.63 earlier in the week. Since the onset of the conflict, the […]Continue Reading

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Rupee Steady Despite Dollar Slide, Yuan Gains

By Uniquetimesorg February 10, 2026 0

The Indian rupee is expected to open in a narrow 90.72–90.76 range against the U.S. dollar on Tuesday, reflecting a muted response to the dollar’s weakness and yuan strength. On Monday, the rupee settled slightly lower at 90.7575, weighed down by corporate hedging and routine local flows, despite a struggling dollar. Traders expect the 90–91 […]Continue Reading

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UBS Asset Management Sees Value in Weak Indian Rupee, Stays Neutral on Government Bonds

By Uniquetimesorg December 29, 2025 0

UBS Asset Management has turned positive on the Indian rupee after its sharp decline against the U.S. dollar, calling the currency undervalued and attractive at current levels. The asset manager expects a long-awaited U.S.–India trade deal to be announced in the coming months, which could support a recovery. Although the rupee has rebounded from its […]Continue Reading

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RBI Injects Record Funds to Ease Liquidity Crunch Amid Forex Intervention

By uniquetimes February 12, 2025 0

The Reserve Bank of India (RBI) injected ₹2.50 trillion ($28.85 billion) into the banking system through an overnight variable rate repo auction on Wednesday, marking its largest single-day infusion in over a year. Banks subscribed to ₹1.94 trillion of the offered funds. The move comes after the central bank’s aggressive foreign exchange (FX) market intervention […]Continue Reading