Rupee defense lifts key forex tool past $110 billion mark

RBI’s net short dollar position has surged past $110 billion, marking a record intervention to defend the rupee through ...
Yahoo Finance

India's rupee support tool turns pressure point; $7 billion NDF maturities come due

MUMBAI, Feb 23 (Reuters) - The Indian central bank's reliance on using the non-deliverable forward market to manage rupee volatility is expected to weigh on the currency, with ‌contracts worth at ...
U.S. News & World Report

Trump Tariff Salvo Sees India Central Bank Return to Out-Of-Favour Rupee Derivative Tool

MUMBAI, August 7 (Reuters) -The Reserve Bank of India has resumed intervention in the non-deliverable forwards market over the past fortnight to manage rupee volatility triggered by mounting trade ...
Business Line

Rupee support tool turns pressure point; $7 billion NDF maturities come due

RBI’s forward book maturities may pressure rupee, bankers say NDF contracts worth at least $7 billion set to mature this week Durable inflows could reduce RBI’s forward positions, alleviate rollover ...