Tag: Forex Market

RBI Reports $136.38 Billion in Forex Inflows via Swap Facility

Finance
The Reserve Bank of India (RBI) disclosed that foreign exchange inflows via its special USD-INR swap facility reached USD 136.38 billion by August 31. Most of these inflows were attributed to Foreign Currency Non-Resident (Bank), or...

Dollar Index Holds Steady Above 101 Amid Middle East Tensions

Uncategorized
Middle East Tensions Impact Dollar Value The dollar index is experiencing a continued upward trend, bolstered by resurfacing tensions in the Middle East. On Tuesday, the index surpassed the 101 mark, reflecting gains from the previous session....
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Japan’s Yen Hits 40-Year Low Against US Dollar

Business
Japan's yen has reached its lowest point against the US dollar in nearly 40 years, marking 162.27 yen per dollar. This dramatic decline has...

RBI Announces $5 Billion Swap Auction Amid Rupee Weakness

Business
The Reserve Bank of India (RBI) has declared a USD 5 billion dollar-rupee swap auction set for May 26, aimed at providing long-term liquidity...

Rupee Hits All-Time Low Against USD Amidst Market Turmoil from Iran Conflict

Business
The Indian rupee has reached an unprecedented low against the US dollar, marking the first occasion in history that the currency has fallen to...

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