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Currency volatility

India completes Bilateral Swap Arrangement with Japan, gets access to $75 billion

The arrangement was announced during Modi's visit to Japan in October last year.

Feb 28, 2019, 14:32 PM IST

Cabinet nod to India-Japan USD 75-bn swap arrangement to curb currency volatility

This facility will enable the agreed amount of capital being available to India on tap for use.

Jan 11, 2019, 15:00 PM IST

Good policy essential to India's stability: Raghuram Rajan

Terming a sharp slowdown in China as a "significant risk" for global economy and the SAARC region in particular, Governor Raghuram Rajan on Thursay said RBI has been moderating any extreme currency volatility through its intervention.


May 26, 2016, 13:12 PM IST

Currency volatility: How it will affect global growth

Faced with falling exports and deflation risks, it suited much of Asia to let their currencies drift lower, until China`s abrupt devaluation triggered a tide of volatility that is upsetting not just their currency management but also their growth strategies.

Aug 26, 2015, 09:33 AM IST

RBI, Central Bank of Sri Lanka ink currency swap agreement

The Reserve Bank on Friday signed a special currency swap agreement with the Central Bank of Sri Lanka that will allow the latter to draw up to USD 1.1 billion.

Jul 17, 2015, 17:32 PM IST

Country's IT exports may grow 12-14 pc next fiscal: Nasscom

Country's IT exports are likely to grow in the range of 12-14 percent in the next fiscal (FY'16) with currency volatility and macro economic headwinds as the primary challenges going ahead.

Feb 10, 2015, 15:35 PM IST

RBI net purchaser of $5.87 bn from spot forex market in April

RBI's intervention in the forex market is to check volatility in the currency.

Jun 10, 2014, 19:13 PM IST

RBI bought $7.78 bn in spot forex market in March

The Reserve Bank of India was a net buyer of dollars worth USD 7.78 billion in the spot forex market in March.

May 12, 2014, 23:43 PM IST

FM concerned over high overseas derivative rupee market

Amid currency volatility, Finance Minister P Chidambaram today expressed concern over high derivative trading on rupee in overseas markets and stressed on more financial reforms to boost the local currency market.

Dec 14, 2013, 16:14 PM IST

Currency volatility in India brings down PC shipments in APAC

PC shipments in Asia Pacific (APAC) fell by over 11 percent to 28.1 million units in the July-September quarter this year due to currency volatilities, especially in India and Indonesia, research firm Gartner said.

Oct 10, 2013, 15:02 PM IST