Forex

RBI Demands Overseas Investment Justification From Indian Corporates After $27 Billion FY26 Outflow Spike

RBI is requiring Indian corporates to document the business purpose and fund structure of overseas direct investments following a $27 billion surge in FY26 outflows.

May 17, 2026

India govt weighs emergency FX protection measures including fuel price hike

May 17, 2026

RBI Reportedly Intervenes to Prop Up Rupee as Oil Price Surge Weighs on INR

The Reserve Bank of India reportedly sold US dollars to defend the rupee against decline, triggered by surging oil prices, according to a Reuters report via Investing.com.

May 17, 2026

Gold Rallies as Dollar and Oil Tumble on US-Iran Peace Deal Hopes

Gold surged as the US Dollar and oil prices fell sharply, driven by optimism that the US and Iran could reach a peace deal, per FX Street.

May 17, 2026

RBI Reportedly Sold Dollars to Defend Rupee as Surging Oil Prices Pressure Indian Currency

The Reserve Bank of India reportedly intervened in currency markets by selling US dollars to curb the rupee's decline as oil prices surged.

May 17, 2026

ECB's Kocher Says Rate Hikes Should Not Be Delayed If Energy Prices Fail to Improve

ECB Governing Council member Martin Kocher said there is no need to delay rate hikes if energy prices fail to improve swiftly.

May 17, 2026

ECB Council Member Stournaras Backs Modest Rate Hike to Tame Inflation Without Economic Harm

ECB Governing Council member Yannis Stournaras said a modest rate hike could temper inflation without triggering significant economic damage.

May 17, 2026

Modi Urges Indians to Avoid Gold Purchases for a Year Amid FX Concerns

May 16, 2026