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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.......

As USD retreats, rupee rises 11 paise to 82.68

The rupee gained 11 paise to 82.68 against the US dollar in early trade on Tuesday as the American currency retreated from its elevated levels. Illustration: Dominic Xavier/Rediff.com Forex......

Rupee drops 10 paise to close at all-time low of 82.40 per USD

The rupee slipped 10 paise to finish at a fresh lifetime low of 82.40 against the US dollar on Monday, weighed down by risk-averse sentiment among investors. Illustration: Dominic......

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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

As USD retreats, rupee rises 11 paise to 82.68

Rupee drops 10 paise to close at all-time low of 82.40 per USD

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