4 result(s) for “Currency”
The Indian rupee gained modestly on October 9, 2026 after early intervention by the Reserve Bank of India and a drop in oil prices. Traders said the central bank sold dollars to cap depreciation, a move that should limit imported inflation risks but leaves longer term pressure from global risks and capital outflows unresolved.
On October 7, 2026 the Reserve Bank of India raised its policy repo rate by 25 basis points to 5.50 percent, its first increase since 2023, and shifted policy stance toward calibrated tightening amid rising inflationary pressures and strong growth.
The Reserve Bank of India intensified market operations on September 28 as the rupee edged higher amid oil price relief and the central bank moved to manage liquidity and bond yields ahead of a key policy week.
Indian equities slipped for a seventh consecutive week on September 27, 2026, as rising global bond yields, a sharp rebound in crude oil and renewed Middle East tensions amplified foreign portfolio selling and weighed on the rupee. Domestic investors are propping up markets but policy and external risks keep volatility elevated.