The move allows back-to-back hedges across entities, avoids forced unwinding of positions while keeping exposure limit ...

India’s central bank eased some restrictions on lenders’ currency market transactions, signaling a partial rollback in some ...

RBI eases offshore forex derivative rules to support hedging, amends related-party clause but keeps $100 million cap on ...

The RBI has eased forex curbs, allowing corporates to rebook cancelled hedge contracts and banks to offer offshore quotes, ...

RBI rollback of forex curbs signals return to normal liquidity, HSBC India CEO Hitendra Dave sees rupee stabilising but warns ...

A senior Reserve Bank of India official criticized foreign-exchange market makers for their role in aggravating the rupee’s ...

By Bharath Rajeswaran and Nishit Navin BENGALURU, April 15 (Reuters) - Indian banks are expected to report a steady profit ...

RBI caps banks’ net open rupee positions at $100 million, sending Nifty Bank Index down 3.82% and Union Bank falling 6.43%.

RBI is scrutinising how large banks unwound rupee arbitrage trades amid concerns some deals may have breached rules and hurt ...

MUMBAI: Reserve Bank governor Sanjay Malhotra has assured the forex market that the many curbs introduced since late March ...

The Indian rupee strengthens as refiners use a special credit line from SBI for dollar purchases amid oil forex market ...