Indian Rupee Under Pressure as Rising Forward Premiums Increase Hedging Costs
The Indian rupee faces pressure as central bank dollar swaps drive up forward premiums, making local assets more expensive for overseas investors to hedge.
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The Indian rupee faces pressure as central bank dollar swaps drive up forward premiums, making local assets more expensive for overseas investors to hedge.
Qatar Central Bank reports a 0.46 percent increase in international reserves and foreign currency liquidity to QAR 262.279 billion in September.
Federal Reserve Governor Christopher Waller's hawkish comments suggest more rate hikes are coming, prompting Goldman Sachs to adjust its forecast.
Uruguay's central bank increased its policy rate by 25 basis points to 6.0% to anchor inflation expectations amid rising global energy prices.
Federal Reserve Governor Christopher Waller suggested a potential rate pause in October, but warned that further rate hikes are likely needed to curb inflation.
St. Louis Fed President Alberto Musalem says US financial conditions remain healthy and supportive of economic growth despite slight tightening.
Federal Reserve Governor Christopher Waller expects further interest rate hikes to lower inflation but says the central bank can be flexible on the timing.
The Reserve Bank of India raised its repo rate by 0.25%, lowering short-term net asset values of debt mutual funds as bond prices decline.
US Treasury yields climbed after Fed Governor Christopher Waller signaled that more interest rate hikes may be necessary to curb persistent inflation.
Romania's central bank held its benchmark interest rate at 6.5%, balancing inflation risks from energy prices against a slowing economy.
The European Central Bank released meeting minutes showing policymakers want to keep interest rate options open due to rising eurozone inflation risks.
The National Bank of Serbia kept its key interest rate at 5.75% as rising energy prices and robust economic growth threaten to push inflation higher.
Federal Reserve Governor Christopher Waller flagged further rate hikes to curb 3% core inflation, pushing Treasury yields up and stock futures down.
Geopolitical shocks from the Middle East are driving up global interest rates and tightening financial conditions, central bank officials warn.
The Reserve Bank of India may raise interest rates by up to 50 basis points in December to combat broad-based commodity inflation and support the rupee.
The Reserve Bank of India is projected to raise rates to 6% and manage banking liquidity amid rising inflation forecasts.
Thailand's central bank governor sees no rush to raise interest rates as inflation cools to 2% and export growth projections rise.
Indian benchmark indices fell as foreign investors stepped up selling following an interest rate hike by the Reserve Bank of India.
The Bank of Japan warns that global AI demand could push inflation past its 2% target, potentially leading to further monetary policy tightening.
The Sensex and Nifty fell after the Reserve Bank of India raised its repo rate to 5.5% and shifted to a calibrated tightening stance.