Raw feed
22:30ReutersNorth Korea's Kim Jong Un returns from China after war memorial visit, state media says North Korean leader Kim Jong Un returned to his…22:30AFPThousands rallied in Tirana on Saturday at a fresh anti-government rally after days of violent unrest in the Albanian capital, with police…22:30Al Jazeera EnglishPresident Lula da Silva rallied in Sao Paulo and Flavio Bolsonaro in Minas Gerais, on the eve of Sunday’s runoff election. The candidates…22:28Middle East Eye‘Disaster zone’: Hebron under full Israeli siege, mayor says ‘Disaster zone’: Hebron under full Israeli siege, mayor says Submitted by…22:25ReutersArrests in Barcelona after 'anti-system' rioters loot shops, set fires A total of 100 people were ​arrested in Barcelona on Saturday…22:23Топор Live⚡️Трамп заявил, что досрочно проголосовал на промежуточных выборах в Конгресс США. Выборы в США пройдут 3 ноября, однако проголосовать на…22:21The New York Times4 Bodies Found in Haiti Believed to Be Those of Missing Salvadoran Soldiers El Salvador had sent hundreds of troops to find the men, who…22:20Fox NewsIndiana outlasts Michigan in overtime for first win at Big House since 1967 Josh Hoover's overtime touchdown run lifted No. 6 Indiana…22:15Al Jazeera EnglishSaudi Arabia’s Riyadh airport said flights would resume on Sunday after two-week closure over deadly Houthi attacks. Airlines needed Saudi…22:09HaaretzIDF announces general closure for West Bank Palestinians on Israel's Election Day The Israeli military said it will ban 'the entry and…22:08BBC WorldWho are the candidates in Brazil's presidential election? Voters are choosing between two very different candidates, as Americas…22:07Fox NewsPackers activate Josh Jacobs; running back set to play in first game since domestic violence arrest Josh Jacobs returns to the Green Bay…22:03Топор Live⚡️Трамп рассматривает возможность новой масштабной военной операции против Ирана, — The Wall Street Journal. Пентагон представил Трампу…22:00Fox NewsDemocratic senator accused of 'political malpractice' after job ad ignites firestorm over DEI language The Atlantic dissects Edward…22:00South China Morning PostChina’s next generation of leaders waiting in the wings for more senior roles When China’s political elites gather behind closed doors in…22:00BloombergHistoric urban burial grounds in US cities are adapting to changing norms about death and luring non-mourning visitors with yoga classes…22:00Associated PressHundreds of people have lost power and have been told to evacuate in the Four Corners area. Hundreds of people have lost power and have…21:45AFPAlexander Skarsgard says he could hardly wait to become the plaited fantasy husband conjured up for a lonely woman in the whimsical…21:44Топор Live⚡️Трамп заявил, что обсудил с Илоном Маском вопросы, касающиеся Украины. На просьбу подобно рассказать о беседе президент США ответил:…21:42The Kyiv IndependentDeadly Russian drone strike targets apartment in Dnipropetrovsk Oblast, killing 3, injuring 12 One of the injured victims is an…21:39Al JazeeraBrazil’s Lula, Bolsonaro draw thousands to election-eve rallies The pivotal run-off will determine whether Brazilians stick with their…21:39The HinduTrump casts his midterm ballot early in Florida As for the war in Iran, President Trump said, “I may have to finish it off. Or maybe…21:37The Times of IsraelSeveral Palestinians said injured in settler attacks while harvesting olives near Ramallah21:36The Times of IsraelKatz boasts that some 2,000 Palestinians have been displaced during IDF military op in Hebron21:36Al JazeeraBrazil’s candidates hold final rallies before knife-edge run off Brazil’s candidates hold final rallies before knife-edge run off21:31Fox NewsDavid Spade and Dana Carvey call out Hollywood for focusing too much on race and gender David Spade and Dana Carvey urge Hollywood to stop…21:30The Guardian · WorldHealey’s first budget to include big devolution package to boost growth Chancellor will build on Burnham’s promise that local leaders in…21:30Al JazeeraIran blames US for deal failure, urges new try amid fear of new attacks Tehran warns that even limited strikes would trigger a response…21:30TechmemeOutside of tech there has been no financial payoff to US companies for using AI, now viewed as a margin-hurting cost center, as VC-backed…21:30Al Jazeera EnglishBakeries across Gaza are struggling to find flour to make bread for people desperate for food. As families queue for dwindling supplies,…

Gone quietEconomy

India curbs dollar demand to defend rupee

The Reserve Bank of India tightened rules on rupee non-deliverable contracts, limiting overseas clients to hedging, and extended a 20% cash reserve requirement to banks' own rupee currency hedges.

Developments
4
Outlets
1
Followed since
10 Oct
The latest development

ReutersMon 12 Oct · 22:05 UTC

India's central bank tightens rules on rupee non-deliverable contracts, widens 20% cash reserve requirement The…

01The story so far
four developments over three days, a square each
02Developments

Developments

Monday 12 October

3 developments
  1. 22:05 UTC· the latest

    RBI tightens rules on rupee non-deliverable contracts

    The Reserve Bank of India limited overseas clients to using rupee NDFs only for hedging and widened a 20% cash reserve requirement to banks' own rupee hedges.

    MumbaiIN

    1 sourceReuters
    • ReutersBlueskyMon 12 Oct, 22:05

      India's central bank tightens rules on rupee non-deliverable contracts, widens 20% cash reserve requirement The Reserve Bank of India on Monday tightened rules on rupee non-deliverable derivative contracts, limiting overseas clients to using ​them only for hedging, and widened a
      The original post
  2. 11:45 UTC

    Indian banks seek RBI relief on new rupee-defence rule

    Four people familiar with the talks said banks want the rule eased and its trigger threshold scrapped.

    MumbaiIN

    1 sourceReuters
    • ReutersBlueskyMon 12 Oct, 11:45

      Banks seek RBI relief, clarity on India's latest rupee-defence measures, sources say Banks have urged the Reserve Bank of India to ease one ‌of the key measures the regulator announced over the weekend to support the rupee and scrap the threshold above which the rule comes into
      The original post
  3. 04:50 UTC

    Rupee jumps 1% after RBI redirects oil dollar demand

    The central bank diverted oil firms' dollar purchases from the spot market and tempered corporate demand for forward dollars, lifting the rupee 1% at the open.

    MumbaiIN

    2 sourcesReuters
    • ReutersBlueskyMon 12 Oct, 04:50

      Rupee jumps 1% after RBI redirects oil dollar demand, raises cost of some FX hedges The Indian rupee surged 1% at open on Monday after the central bank alleviated pressure on the ​currency by diverting oil companies’ dollar purchases away from the spot market ‌and moved to tempe
      The original post
    • ReutersBlueskyMon 12 Oct, 05:40

      Indian shares give up early gains as investors weigh RBI moves, inflation outlook Indian benchmark shares were muted on Monday, giving up early gains, as investors assessed the impact of central bank measures to ​help a beleaguered rupee, with a dip in oil prices helping soothe
      The original post

Saturday 10 October

1 development
  1. 09:15 UTC

    India unveils curbs on dollar demand to defend rupee

    India redirected oil companies' dollar purchases away from the spot market and tightened hedging rules as the rupee hovers near record lows.

    1 sourceReuters
    • ReutersBlueskySat 10 Oct, 09:15

      India unveils tough curbs on dollar demand to defend rupee India on Saturday unveiled fresh measures to shore up the rupee, redirecting oil companies' dollar purchases ‌away from the spot market and tightening hedging rules as the currency hovers near record lows.
      The original post
03Seen in the story

What it looked like.

Mon 12 Oct · 22:05 · Reuters

India's central bank tightens rules on rupee non-deliverable contracts, widens 20% cash reserve requirement The…

RBI tightens rules on rupee non-deliverable contracts

Mon 12 Oct · 11:45 · Reuters

Banks seek RBI relief, clarity on India's latest rupee-defence measures, sources say Banks have urged the Reserve Bank…

Indian banks seek RBI relief on new rupee-defence rule

Mon 12 Oct · 05:40 · Reuters

Indian shares give up early gains as investors weigh RBI moves, inflation outlook Indian benchmark shares were muted…

Rupee jumps 1% after RBI redirects oil dollar demand

Mon 12 Oct · 04:50 · Reuters

Rupee jumps 1% after RBI redirects oil dollar demand, raises cost of some FX hedges The Indian rupee surged 1% at open…

Rupee jumps 1% after RBI redirects oil dollar demand

Sat 10 Oct · 09:15 · Reuters

India unveils tough curbs on dollar demand to defend rupee India on Saturday unveiled fresh measures to shore up the…

India unveils curbs on dollar demand to defend rupee