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- Indexed articles, last 90 days
- 3
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- Aug 5, 2026
- Outlet visibility, for Lufkindailynews
- Top 500K sites
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- Jul 28, 2026
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India's central bank holds rates, awaits clearer inflation signal before acting (opens the original)
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MUMBAI, Aug 5 (Reuters) - The Reserve Bank of India left its benchmark repo rate unchanged at 5.25% on Wednesday, as policymakers await clearer evidence on whether rising oil prices are fuelling broader inflationary pressures in Asia's third-largest economy. The decision to hold rates sets India apart from a growing band of regional peers including Indonesia, the Philippines and others that have responded to the inflationary fallout from higher energy prices and war-driven currency volatility by
Rupee clings to two-week high as oil slides, intervention helps cement rise (opens the original)
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MUMBAI, July 28 (Reuters) - The Indian rupee strengthened on Tuesday to close at its strongest level in two weeks as a sharp retreat in oil prices and likely central bank intervention helped the currency cement its bounceback from near record low levels. Brent crude oil prices fell 3% to $85.6 per barrel, their lowest in over a week, which helped lift the rupee to 95.8525 per dollar, up 0.1% from its previous close. The local currency hit a record low of 96.96 on May 20. State-run banks were
RBI's 3-day intervention push signals lower tolerance for rupee weakness, bankers say (opens the original)
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MUMBAI, July 28 (Reuters) - The Indian central bank has stepped up defence of the rupee over the last three days by selling dollars aggressively and targeting off-peak trading hours to amplify the impact of market interventions, four bankers said. The shift comes after the Indian unit hurtled towards its record low of 96.96 per dollar last week as the Middle East tensed up - India imports almost 90% of its oil supplies - at a time when investors and traders were already struggling to gauge ho
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