Currency markets

Forward dollar-rupee rate in the most liquid tenures has dropped ever since RBI announced the forex swap auction. (Mint)

Forex swap auction is a hit, but RBI needs to assess future risk as well

1 min read . 27 Mar 2019

Citigroup's Singapore forex trading engine, slated to go live in the fourth quarter, will support 23 spot currencies including all those in the G10. (Bloomberg)

Citi plans to join UBS in setting up Singapore forex trading hub

1 min read . 11 Mar 2019

The market for non-deliverable forwards (NDFs) in London on the dollar-rupee pair has grown by leaps and bounds in the past two years, far outpacing other currency pairs. (Sarvesh Kumar Sharma/Mint)

Dollar-rupee trading in London trebles, raising policy concerns

3 min read . 27 Feb 2019

Rupee had closed at 71.33 against USD on Wednesday

Rupee trades higher against US dollar

1 min read . 24 Jan 2019

With crude prices down more than 30% from a year before, a net importer like India benefits greatly. Photo: Mint

Rupee on course for redemption in 2019 on oil price plunge

1 min read . 25 Dec 2018

RBI would have bought ₹2.6 trillion worth of government bonds by January if it sticks to its commitments. Graphic: Mint

Bond market swagger to continue as RBI a willing buyer in 2019

2 min read . 21 Dec 2018

Rupee forwards weakened after Urjit Patel’s resignation. Graphic: Bloomberg

Rupee forwards slump after RBI governor Urjit Patel’s resignation

2 min read . 10 Dec 2018

One a year-to-date basis, emerging market currencies—including the rupee, lira and rupiah—are still down against the dollar. Graphic: Mint

The Jerome Powell effect on rupee is a sentiment boost at best

1 min read . 30 Nov 2018

Indian companies are facing a sharp rise in the cost of borrowing dollars with the rise in hedge costs as well as dollar interest rates. Graphic: Mint

Dollar a little cheaper for firms but interest bill still high

2 min read . 29 Nov 2018

A mere speculation of a Fed pause has some money managers re-examining their emerging market strategies.

US Fed rate hike ‘pause’ rekindles emerging market interest

3 min read . 22 Nov 2018

The dollar has rallied against all G-10 peers this year, buoyed by three Federal Reserve rate hikes and robust corporate earnings. Photo: Reuters

Relief for rupee? Citigroup sees dollar topping out in 2019

1 min read . 19 Nov 2018

So far this year, the rupee has weakened 12%, while foreign investors have sold $405.60 million and $6.34 billion in equity and debt markets, respectively. Photo: Bloomberg

Rupee closes at fresh record low of 72.7 vs dollar, bond yields rise

2 min read . 12 Sep 2018

So far this year, the rupee has weakened 11%, while foreign investors have sold $488.60 million and $5.75 billion in equity and debt markets, respectively. Photo: AFP

Rupee closes at fresh record low of 71.76 vs the dollar

1 min read . 05 Sep 2018

The dollar slipped from its highest in 14 months and Treasuries edged lower. Photo: Reuters

Global Markets Wrap: Stocks rebound as Turkey calms, dollar declines

1 min read . 14 Aug 2018

Marginal increase in US Federal Reserve’s interest rate is unlikely to topple India’s growth trajectory.

Is India poised for dollar tightening?

4 min read . 03 Jul 2018

Can the rupee become a hard currency?

4 min read . 03 Jul 2018

The rupee is down over 7% against the US dollar so far this year. Photo: Reuters

Rupee breaches 69/dollar mark, recovers to 68.79

2 min read . 28 Jun 2018

Barclays has predicted rupee will weaken more than it did during the taper tantrum five years ago. Photo: Reuters

Barclays sees rupee falling to Rs72/dollar by 2018-end

1 min read . 22 Jun 2018

The 10-year bond yield was at 7.284% compared to its previous close of 7.282%. Bond yields and prices move in opposite directions. Photo: Mint

Rupee closes higher against US dollar

1 min read . 16 Jan 2018

BSE Sensex and NSE Nifty50 declined on Wednesday. Photo: Reuters

Markets wrap: Sensex closes 175 points lower, Nifty at 10,192, ahead of Fed meet

7 min read . 13 Dec 2017