Category Archives: USD INR

RBI Takes Decisive Step to Stabilise Rupee: Imposes $100 Million NOP Limit for Banks

By | March 28, 2026 5:01 pm

In a strategic maneuver to curb currency volatility and rein in speculative excess, the Reserve Bank of India (RBI) has issued a mandate capping the Net Open Position in Rupee (NOP-INR) for authorized dealer banks at $100 million. Announced on March 27, 2026, this directive marks a significant shift in the regulatory landscape, moving away… Read More »

USD INR Weekly Analysis 22 April- 26 April 2024

By | April 21, 2024 8:31 am

In the face of continued robust US global commodity prices despite a thriving economy, controlling inflation is proving increasingly arduous. Traders’ expectations for rate cuts by the Fed have dwindled from six or seven to barely two by the end of 2024. However, the lingering anticipation of Fed generosity, especially during an election year, sustains… Read More »