RBI steps in to stabilize the rupee
Rupee Gains Following Central Bank Intervention After the Central Bank of India stepped in by selling USD/INR in the foreign exchange market, the USD/INR rate dropped significantly, resulting in about a 1% appreciation of the rupee. I’ve been mentioning the Indian Rupee often lately since it’s been hitting record lows. This situation seems to worsen […]
Rising dollar threatens all-time low; traders watch RBI response
Indian Rupee Faces Pressure Amid Dollar Surge MUMBAI, Oct 8 – The Indian rupee may approach a record low as it opens on Wednesday, influenced by the dollar index reaching a six-week high and the overall weakness in Asian markets, potentially leading to more central bank interventions. One-month non-deliverable forwards suggest the rupee will start […]
Indian Rupee stabilizes as easing inflation in India supports expectations for a rate cut by the RBI
Indian Rupee Gains Against the US Dollar Amid Fed Speculation The Indian rupee is making gains against the US dollar, influenced by expectations around the Federal Reserve’s dovish stance. In July, core inflation in the US rose to 3.1%, marking a faster increase. Conversely, India experienced its slowest retail inflation growth in eight years, settling […]
RBI, the parent company of Burger King and Popeyes, experiences significant drop in earnings due to rising expenses.
Burger King’s Parent Company Reports Mixed Financial Results Restaurant Brands International, the parent company of Burger King, has noted that increased costs have squeezed profit margins in the second quarter, creating a somewhat ambiguous outlook for investors. According to data from LSEG, the company, which also owns Tim Hortons, Popeyes, and Firehouse Subs, reported more […]
Today’s Forex: Attention on trade policy discussions and RBI decision
The US Dollar (USD) continued its positive trajectory at the beginning of the week, gaining ground amid ongoing discussions regarding trade policies from the White House, speculation about potential Federal Reserve cuts, and questions surrounding who will succeed Jerome Powell. Meanwhile, the focus is shifting to the Reserve Bank of India (RBI), which is expected […]
Ryan McMahon’s RBI single in the 11th leads Yankees to a wild, unpredictable victory against the Rays
Cody Bellinger Sparks Yankees to Victory Again On Tuesday night, Cody Bellinger was the spark the Yankees needed to come alive, and he did it again a day later. With Aaron Judge sidelined, the Yankees had already lost their most valuable player, so his absence was felt even more. Bellinger hit a critical RBI triple […]
Four public sector banks lower lending rates after RBI decision
Mumbai: Changes in Lending Rates Following RBI Decision Public sector banks are adjusting their lending rates after the Reserve Bank of India (RBI) lowered the repo rate by 50 basis points. Interestingly, this adjustment may benefit existing borrowers more significantly than new ones. This difference arises because banks tend to refine their already competitive mortgage […]
Lowest home loans in June: These banks offer the most affordable interest rates following the RBI rate reduction
If you’re thinking about getting a mortgage, this might actually be a good time for you. The Reserve Bank of India (RBI) recently slashed its reporate by a significant 0.50% on June 7, bringing it down to 5.5%. Since February 2025, the total reduction has been around 1%. This change is beneficial for customers directly. […]
USD/INR softens on RBI intervention, investors brace for US CPI release – FXStreet
The Indian rupee gained traction in early European sessions on Wednesday. RBI interventions can help limit INR losses. CPI inflation data for India and the US will be highlighted later on Wednesday. The Indian rupee (INR) is upside down on Wednesday, strengthened by strong intervention from the Reserve Bank of India (RBI). Furthermore, US dollar […]
USD/INR declines as likely RBI intervention caps gains – FXStreet
The Indian rupee traded in positive territory in early European trading on Tuesday. Weak domestic markets and persistent capital outflows are weighing on the Indian rupee, but central bank intervention could limit losses. Traders are awaiting the release of the US December ISM Services PMI later on Tuesday. The Indian rupee (INR) rebounded on Tuesday […]