Indian Central Bank to Infuse Record Overnight Funds Post Heavy FX Intervention
MUMBAI (Reuters) - India's central bank will infuse a record quantum of funds into the banking system through an overnight ...
Rupee rallies most in nearly 2 years on heavy central bank intervention
The Indian rupee rallied on Tuesday on the back of strong intervention by the Reserve Bank of India, which traders said could ...
Back-to-back heavy central bank interventions lift Indian rupee past 87/USD
The Indian rupee rose sharply on Tuesday, aided by the central bank's heavy-handed intervention, which also triggered stop ...
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RBI Cuts Key Rates by 25 Basis Points – What It Means for Home Loan Borrowers, FD Depositors
The Reserve Bank of India (RBI) has announced a 25-basis point cut in the repo rate in its latest policy review, marking the ...
RBI Cuts Repo Rate By 25 Basis Points To 6.25%; Real Estate Sector Hails Boost For Homebuyers And Developers
The Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate, bringing it down to 6.25%, marking the first reduction in five years. The real estate sector has welcomed the move, ...
Investopedia14d
Top 10 Countries With the Biggest Forex Reserves
Sources: IMF and Central Bank of the Republic of China (Taiwan) To highlight one of the top 10 above, India held $662 billion in foreign currency reserve assets as of November 2024. Its central ...
Indiatimes21d
Why India is taking back 18,000 citizens from the US after Trump's return
India has bigger goals in mind as it agrees to facilitate the return of these citizens from the US to placate Donald Trump India’s government is prepared to work with Donald Trump’s ...
The Indian Express21d
SC refers to another bench pleas of RBI, others related to writing off AT-1 bonds of Yes Bank
The Supreme Court on Wednesday referred to another bench the pleas of the Reserve Bank of India and others challenging a Bombay High Court order that quashed a decision of the Yes Bank administrator ...
Independent Online21d
Reserve Bank Governor dismisses strategic Bitcoin Reserves in favour of traditional assets
On Wednesday at the World Economic Forum meeting in Davos, Switzerland, South Africa’s Reserve Bank Governor Lesetja Kganyago dismissed the idea of the Government having strategic Bitcoin reserves.
Benzinga.com21d
Strategic Bitcoin Reserve Probability Up To 64% Despite Trump Silence On Crypto
Kalshi markets now peg the odds of Donald Trump establishing a Bitcoin reserve at 65%, up from 61.1% on Inauguration Day. Coinbase CEO says Trump is “excited” about the strategic Bitcoin ...
Mint21d
Mint Primer | The significance of RBI’s plan to take the rupee global
A non-resident Indian (NRI) in the US, for instance, can now open a rupee account with the New York branch of an India-registered AD bank. They will be able to hold rupees received for exports to ...
CoinTelegraph22d
US Bitcoin reserve idea sparks Davos debate on crypto’s future
Lesetja Kganyago, governor of the South African Reserve Bank, was the only non-crypto panelist. Kganyago said it was unlikely that South Africa would follow suit if the US were to begin ...