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Currency

Stay updated with the latest currency news, analysis, and trends

Stacks of US dollar bills and Indian rupee notes on a light-colored counter in a bank setting.

RBI Advances FCNR(B) Swap Deadline to Aug 31, 2026

RBI moves FCNR(B) swap deadline to Aug 31, 2026, due to rapid $52.3B inflows. Learn about the impact on NRIs and Indian banking.

By ThePip Desk•
An Indian man uses a multi-currency forex card to pay a vendor at a fruit stall in a bustling Southeast Asian market.

Avoid 8 Forex Mistakes for Your Southeast Asia Holiday

Planning a Southeast Asia trip? Avoid 8 common forex mistakes that can inflate your holiday expenses. Expert tips to save money on currency exchange.

By ThePip Desk•
People exchange Indian rupees at a market stall selling spices and produce, with other shoppers and stalls in the background.

Julius Baer: Crude Oil to $60, Boosting India’s Economy

Julius Baer’s Mark Matthews predicts crude oil falling to $60/barrel, easing Rupee pressure and boosting India’s economic growth. Discover the impact.

By ThePip Desk•
Stacks of Indian Rupee notes and a single US dollar bill on a financial trading desk with blurred screens in background.

Indian Rupee Drops as RBI Alters Forex Swap Deadline

The Indian Rupee weakened against the USD as the RBI unexpectedly shortened its forex swap deadline for non-resident deposits, impacting dollar inflow expectations.

By ThePip Desk•
Stacks of US dollar and Indian rupee notes on a table in a secure banking facility with bankers working in the background.

RBI Ends FCNR(B) Forex Swap Facility August 31, 2026

The Reserve Bank of India will close its special USD-INR forex swap facility for FCNR(B) deposits on August 31, 2026, due to substantial foreign exchange inflows strengthening India’s financial system.

By Market Desk•
A person's hands near stacks of Australian dollar banknotes and financial documents on a desk, with a money counter.

Alphabet Eyes AUD Bonds for AI Funding Surge

Alphabet Inc. plans its first Australian dollar bond offering to fund massive AI investments, mirroring a wider tech industry trend. Learn more about this strategic financial move.

By Business Desk•
Indian Markets Anticipate Muted Opening as GIFT Nifty Signals Decline

Indian Markets Brace for Muted Open: GIFT Nifty Signals Decline

Indian stock markets anticipate a subdued opening as GIFT Nifty indicates a negative start, influenced by mixed Asian trends and fluctuating commodity prices.

By Market Desk•
RBI's FCNR(B) Swap Window: Hedging Costs and Economic Impact

RBI FCNR(B) Swap Window: Hedging Costs & Economic Impact

RBI faces significant hedging costs of $9-12 billion over 5 years for its FCNR(B) swap window, with deposits already reaching $52.3 billion.

By ThePip Desk•
A wide shot of a large, multi-panel digital display wall showing a global map in a high-tech financial center.

Global Rates: A Bigger Bond Threat Than The Fed

Rising global interest rates, beyond US Fed actions, are now the primary threat to bonds, impacting traditional safe-haven assets amid inflation and geopolitical pressures.

By Market Desk•
Yen Advances as Fed Rate Hike Expectations Recede Amid Soft US Data

Yen Strengthens on Fading Fed Rate Hike Bets

The Japanese yen appreciated as softer U.S. economic data led traders to scale back Federal Reserve rate hike expectations, impacting global currency markets.

By Market Desk•
Rupee Pressure Mounts as RBI Defends 95.45 Amid Rising Crude Oil Prices

Rupee Under Pressure: RBI Defends 95.45 Amidst Crude Oil Surge

The Indian Rupee faces depreciation pressure as the RBI defends the 95.45 mark against the dollar amid rising crude oil prices and increased importer demand.

By Market Desk•
A hand in a light blue shirt sleeve withdraws pink 2000 Indian Rupee banknotes from a stack on a brown bank counter.

RBI Ends FCNR Swap Early: Rupee Stability Achieved

The Reserve Bank of India (RBI) is closing its FCNR swap facility on August 31, 2026, a month early, citing successful Rupee stabilization and foreign exchange reserve enhancement.

By ThePip Desk•
An elevated medium-wide shot of a bustling financial district in an Indian city with modern bank buildings.

RBI FCNR(B) Scheme Ends Early: Economic Impact on India

RBI’s FCNR(B) deposit scheme closes early Aug 31. Learn about its $52.3B impact on India’s economy, banking system, credit, and deposits.

By ThePip Desk•
A large vault room filled with stacks of various international currency banknotes and clear bins of coins, with the RBI logo on the back wall.

RBI Halts FCNR(B) Swaps Early Due to Record Inflows

RBI closes FCNR(B) deposit swap facility a month early as foreign currency inflows surge past $56.84 billion, exceeding expectations.

By ThePip Desk•
Stacks of US dollar bills are counted and moved by financial professionals in a modern Indian central bank facility.

RBI Closes FCNR(B) Swap Early: $52.3B Inflows

RBI to close FCNR(B) swap facility on Aug 31, 2026, ahead of schedule, due to over $52.3 billion in forex inflows. Learn more about the impact on India’s economy.

By ThePip Desk•
A modern glass financial building in India with people in business attire and general public moving around its entrance.

India Fund Outflows Ease in July 2026, ETFs Provide Support

Foreign investor redemptions from India funds moderated in July 2026. While selling persists, ETFs offer crucial support against capital outflows.

By ThePip Desk•
Large stacks of banded US Dollar and Indian Rupee notes are arranged on a white counter in a bank.

RBI Forex Swap: $56.85B Inflow Before Closure

The Reserve Bank of India’s USD-INR forex swap facility successfully attracted $56.85 billion, mainly from FCNR(B) deposits, before its August 31 closure.

By ThePip Desk•
Stacks of gold bars in a large, secure vault with a heavy vault door in the background and Indian architectural details.

India’s Forex Reserves Hit $707B on Inflow Boost

India’s foreign exchange reserves surged by $14.136B to $707.002B by Aug 7, driven by increased foreign currency assets and gold holdings. Learn more.

By ThePip Desk•
A wide shot of a bustling Indian port with cranes loading shipping containers onto a large cargo ship under a clear sky.

CII’s Vir Advani: Boost Exports to Tackle India’s Economic Woes

CII’s Vir Advani urges a strong export drive to counter India’s rising imports, rupee depreciation, and balance of payments challenges for economic stability.

By Business Desk•
A stack of Indian Rupee banknotes on a wooden desk with two blurred computer monitors displaying financial charts in the background.

Indian Rupee Stable at 95.44 Despite Pressures

The Indian rupee held firm at 95.44 against the dollar on Thursday, supported by RBI interventions against debt outflows and maturing forwards.

By Market Desk•
Rupee Dips 12 Paise, Shiprocket IPO Oversubscribed 3.16x

Rupee Falls 12 Paise; Shiprocket IPO Oversubscribed 3.16x

The Indian Rupee weakened by 12 paise to 95.45 against the US dollar. Meanwhile, Shiprocket’s IPO saw strong investor interest, reaching 3.16x subscription on its second day.

By Business Desk•
Several Indian 2000 rupee notes are fanned out on a dark desk in the foreground. In the blurred background, traders watch screens.

Rupee Falls 12 Paise to 95.45 Amid West Asia Tensions & FII Outflows

Indian Rupee depreciates by 12 paise to close at 95.45 against the US dollar, influenced by West Asia geopolitical tensions and significant FII capital outflows.

By ThePip Desk•
Sensex Edges Up 114 Points, Nifty 50 Dips Amid US-Iran Uncertainty

Indian Markets Mixed: Sensex Up, Nifty Down Amid US-Iran Tensions

Indian stock markets saw mixed trading on Aug 13, 2026. Sensex gained 114 points, Nifty 50 dipped 40 points due to US-Iran deal uncertainty and falling crude oil prices.

By Market Desk•
An Indian forex trader sits at a desk with multiple monitors displaying data, a US dollar bill in the foreground.

Rupee Falls 7 Paise to 95.40 vs USD Amid Oil & Geopolitical Tensions

Indian Rupee depreciates 7 paise to 95.40 against the US Dollar, influenced by rising crude oil prices and US-Iran geopolitical tensions. Market insights included.

By Market Desk•
An Indian man in a suit sits at a desk, looking at multiple screens displaying red financial charts. A world map is behind him.

Indian Markets Brace for Negative Open Amidst Geopolitical Fears

Indian stock markets, including Nifty 50 and BSE Sensex, are expected to open lower on August 13, 2026, due to geopolitical tensions and high crude oil prices.

By Market Desk•
A group of Indian financial professionals sit at desks with multiple computer monitors displaying data in a brightly lit office.

Rupee Strengthens to 95.33 on RBI Intervention

Indian Rupee edges up to 95.33 against USD, supported by RBI dollar sales. Traders anticipate further gains amid stable crude oil prices.

By Market Desk•
An Indian man in a blue shirt sits at a wooden desk, looking intently at a tablet displaying financial charts.

S&P 500 Beats Nifty 50 TRI: A Win for Indian Investors?

Discover why the S&P 500 significantly outperformed the Nifty 50 TRI for Indian investors over 5 years. Explore US equity gains, rupee depreciation, and tax implications.

By Market Desk•
A woman in a suit points at a computer monitor while on the phone, a man next to her writes in a notebook.

Rupee Strengthens 3 Paise vs USD on FII Inflows

The Indian rupee appreciated by 3 paise to 95.33 against the US dollar, boosted by FII inflows despite rising crude oil prices and domestic inflation concerns.

By ThePip Desk•
A senior banking executive stands in a modern office, observing multiple large screens displaying financial market data.

Central Bank of India Raises $250M via RBI FCNR(B) Window

Central Bank of India successfully mobilised $250M via RBI’s FCNR(B) window, surpassing its July target. Funds raised through GIFT City branch, aiming for $400M by Sept 2026.

By ThePip Desk•
Global Equities Diverge in 2026: Japan Soars, India Dips

2026 Global Stocks: Japan Surges 27.9%, India Dips 6.7%

Explore 2026 global equity performance: Japan’s Nikkei 225 soars 27.9% while India’s Nifty 50 declines 6.7%. See US, Europe, China, and HK market updates.

By Market Desk•