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FX derivatives mkt in a fix before new RBI rules

Exchange-traded currency derivatives volumes are likely to drop in view of new Reserve Bank of India (RBI) rules, casting a cloud over further participation of retail investors and proprietary......

RBI tells IMF why it frequently intervenes in forex market

The Reserve Bank has told the International Monetary Fund (IMF) that the objective of frequent interventions in the forex market is to curb excessive volatility, dismissing the Fund's rationale for......

Rupee falls 9 paise to settle at all-time low of 83.13/USD

The rupee depreciated by 9 paise and settled at its all-time low level of 83.13 against the US dollar on Wednesday, weighed down by a surge in crude oil prices and strong American currency.......

Rupee kisses 80; settles at 79.98 against dollar

For the first time, the rupee declined to the low level of 80 against the US dollar in intra-day spot trading on Monday before ending the session 16 paise lower at 79.98 amid a surge in crude oil......

Rupee slips 14 paise to fresh low of 79.59 per US dollar

The rupee weakened by 14 paise to close at a new lifetime low of 79.59 against the US dollar on Tuesday as a strong greenback overseas and persistent foreign fund outflows continued to weigh on......

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Interbank Forex

News for Interbank Forex

FX derivatives mkt in a fix before new RBI rules

RBI tells IMF why it frequently intervenes in forex market

Rupee falls 9 paise to settle at all-time low of 83.13/USD

Rupee kisses 80; settles at 79.98 against dollar

Rupee slips 14 paise to fresh low of 79.59 per US dollar

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