An eye for dollars: SBI brings in $1.9 billion in foreign-currency resources via special scheme, way ahead of peers Forex News July 17, 2026 Mumbai: The country’s largest lender by assets, State Bank of India (SBI), mobilised about $1.9 billion in foreign-currency resources under…
Rupee closes at 95.21 vs USD, falls on-week as merchant, NDF-linked flows blunt dollar retreat Forex News July 3, 2026 The Indian rupee closed modestly higher on Friday but logged a weekly fall as dollar demand related to merchant flows,…
Bankers urge RBI action as dollar glut, NDF pressure roil Indian rupee forwards Forex News December 23, 2025 Bankers are urging the Reserve Bank of India to intervene as a surge in dollar liquidity heading into year-end and…
Rupee hits record low of 91.08 vs USD, sapped by hedging demand and outflows Forex News December 16, 2025 The Indian rupee fell to a lifetime low on Tuesday as weak risk appetite amplified lingering pressure from hedging demand…