Market Intervention
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After Delhi, Tomatoes To Be Sold At Subsidised Rate Of ₹ 60/Kg In Mumbai
The National Cooperative Consumers' Federation of India Limited (NCCF) has initiated market intervention to stabilize soaring tomato prices in the retail market in Mumbai.
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India Hits Out At IMF For Saying "Currency Intervention Excessive"
India pushed back against the International Monetary Fund for saying the central bank's intervention in the foreign-exchange market was excessive, implying that the country was trying to influence the level of the rupee.
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"Not Out Of Woods Yet, Have Miles To Go": RBI Bulletin On Retail Inflation
A Reserve Bank Bulletin on Thursday said retail inflation has moderated due to monetary policy action and supply-side interventions, but "we are not out of the woods yet and have miles to go".
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X Requested to Suspend Fake Account of Japan’s Top Finance Diplomat
Japan's Ministry of Finance warned of a fake account for its top currency diplomat Masato Kanda on social media X, formerly known as Twitter, as the market fears a currency intervention amid the yen's drop to a one-month-low. The account, under the name "Masato Kanda", appeared to have been created in March and made only four posts to date.
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Rupee Rises 15 Paise To End At 82.64 Against US Dollar
Forex traders said the central bank's intervention and lower commodity prices supported the local unit.
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Rupee Rises 18 Paise To Close At 82.82 Against US Dollar
Forex traders said the weakness of the greenback in the overseas market, strong Asian peers and suspected intervention by the Reserve Bank of India (RBI) also helped the currency.
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Appellate Tribunal Allows Settlement Between Mcdonald's And Ex-India Partner
The appellate tribunal also dismissed the intervention application filed by HUDCO earlier opposing the deal.
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Why Is Sanofi India's Share Price Falling?
The pharma market is expected to grow due to various factors including improved healthcare, awareness and government interventions and Sanofi India will be a big beneficiary.
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Rupee Steady At 82.37 As Dollar Retreats And On Expected RBI Intervention
Rupee Today: The domestic currency traded in a narrow range on Monday as the dollar retreated.
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Rupee Holds Steady At 82.33 Against A Strong Dollar On Expected RBI Intervention
The rupee held its ground against a strong dollar, extending a steading pattern seen this week on the RBI's intervention.
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Rupee Closes Nearly Flat At 82.31 Per Dollar Despite A Sour Global Mood
The rupee closed flat again on Wednesday, with the losses in the domestic currency limited by the Reserve Bank of India's intervention again.
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Forex Reserve Adequacy Considered While Managing Volatile Rupee: RBI
The Reserve Bank of India's interventions in the foreign exchange markets are to maintain macro economic stability and the adequacy of forex reserves is always kept in mind, Governor Shaktikanta Das said in a policy speech on Friday.
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RBI May Let Rupee Weaken In The Next 2 Quarters: Kotak Bank
The RBI may slow its intervention to protect the rupee during October-March, and allow the currency to move in alignment with global trends, Kotak Mahindra Bank said on Friday.
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Government Not Averse To Weaker Rupee vs Dollar: Report
The government is not averse to a weaker rupee in line with global market fundamentals, a senior official told Reuters, at a time when the central bank's intervention has tried to moderate the depreciation in the currency.
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Overall Forex Reserves To Shrink Further This Year: Deutsche Bank
The overall foreign exchange reserves will deplete further this year due to a ballooning current account deficit and interventions by the central bank to support the rupee, Deutsche Bank said on Wednesday.
-
After Delhi, Tomatoes To Be Sold At Subsidised Rate Of ₹ 60/Kg In Mumbai
The National Cooperative Consumers' Federation of India Limited (NCCF) has initiated market intervention to stabilize soaring tomato prices in the retail market in Mumbai.
-
India Hits Out At IMF For Saying "Currency Intervention Excessive"
India pushed back against the International Monetary Fund for saying the central bank's intervention in the foreign-exchange market was excessive, implying that the country was trying to influence the level of the rupee.
-
"Not Out Of Woods Yet, Have Miles To Go": RBI Bulletin On Retail Inflation
A Reserve Bank Bulletin on Thursday said retail inflation has moderated due to monetary policy action and supply-side interventions, but "we are not out of the woods yet and have miles to go".
-
X Requested to Suspend Fake Account of Japan’s Top Finance Diplomat
Japan's Ministry of Finance warned of a fake account for its top currency diplomat Masato Kanda on social media X, formerly known as Twitter, as the market fears a currency intervention amid the yen's drop to a one-month-low. The account, under the name "Masato Kanda", appeared to have been created in March and made only four posts to date.
-
Rupee Rises 15 Paise To End At 82.64 Against US Dollar
Forex traders said the central bank's intervention and lower commodity prices supported the local unit.
-
Rupee Rises 18 Paise To Close At 82.82 Against US Dollar
Forex traders said the weakness of the greenback in the overseas market, strong Asian peers and suspected intervention by the Reserve Bank of India (RBI) also helped the currency.
-
Appellate Tribunal Allows Settlement Between Mcdonald's And Ex-India Partner
The appellate tribunal also dismissed the intervention application filed by HUDCO earlier opposing the deal.
-
Why Is Sanofi India's Share Price Falling?
The pharma market is expected to grow due to various factors including improved healthcare, awareness and government interventions and Sanofi India will be a big beneficiary.
-
Rupee Steady At 82.37 As Dollar Retreats And On Expected RBI Intervention
Rupee Today: The domestic currency traded in a narrow range on Monday as the dollar retreated.
-
Rupee Holds Steady At 82.33 Against A Strong Dollar On Expected RBI Intervention
The rupee held its ground against a strong dollar, extending a steading pattern seen this week on the RBI's intervention.
-
Rupee Closes Nearly Flat At 82.31 Per Dollar Despite A Sour Global Mood
The rupee closed flat again on Wednesday, with the losses in the domestic currency limited by the Reserve Bank of India's intervention again.
-
Forex Reserve Adequacy Considered While Managing Volatile Rupee: RBI
The Reserve Bank of India's interventions in the foreign exchange markets are to maintain macro economic stability and the adequacy of forex reserves is always kept in mind, Governor Shaktikanta Das said in a policy speech on Friday.
-
RBI May Let Rupee Weaken In The Next 2 Quarters: Kotak Bank
The RBI may slow its intervention to protect the rupee during October-March, and allow the currency to move in alignment with global trends, Kotak Mahindra Bank said on Friday.
-
Government Not Averse To Weaker Rupee vs Dollar: Report
The government is not averse to a weaker rupee in line with global market fundamentals, a senior official told Reuters, at a time when the central bank's intervention has tried to moderate the depreciation in the currency.
-
Overall Forex Reserves To Shrink Further This Year: Deutsche Bank
The overall foreign exchange reserves will deplete further this year due to a ballooning current account deficit and interventions by the central bank to support the rupee, Deutsche Bank said on Wednesday.
