The rupee’s slide may reflect more than oil and a stronger dollar; it could also suit the RBI’s risk calculus while the FCNR window remains open.
Yield Scribe
July 20, 2026 at 2:48 AM IST
RBI’s buy-sell FX swaps are read as rupee signals. They are not. An explainer on why swaps manage liquidity and hedging, not the exchange rate.
V Thiagarajan
January 14, 2026 at 4:24 AM IST
BasisPoint Insight
March 5, 2025 at 3:30 PM IST