In ontwikkelingDag 6

RBI dollar cover for three oil firms

Update 1 van 1Nieuwste12 okt, 9:13 UTCDag 6
Rupee rebounds about 1% as RBI shifts oil firms’ dollar demand
Dedicated dollars for three oil companies and sharply tighter derivative rules brought an early rebound. Actual facility use and the lasting effect remain unproven.
Kijken
Vroegste bronGround News7 okt, 7:56 UTC
Wat we eerst wisten
- About 1%Reported early rupee appreciation
- $5 millionNew threshold without establishing underlying exposure
- 20%Cash reserve on qualifying transactions
- The RBI announced full daily dollar coverage for three oil companies, and regular-trading opening reports showed a stronger rupee.
Toen nog open
- Actual dollar-window drawdowns, complete derivative operating terms and measured changes in customer hedging costs remain unestablished.
Waar we op zouden letten
- Watch whether the rupee holds its improvement, how much the window supplies and whether legitimate business protection remains accessible.

Wie meldde het

Wie meldde het

31 media · 50 bronnen · 1 video

25 van de 31 hadden op dit moment bericht

Ground NewsMeldde het als eersteground.news · 7 okt, 7:56 UTC1
1. India's Forex Reserves Fall $12.95 Billion to $734.60 Billion in Week Ended October 27 okt UTC
Ujiyariujiyari.com · 9 okt, 18:30 UTC1
1. RBI Foreign Exchange Risk Reserve: 20% FERR and FX Curbs9 okt UTC
CorpLawUpdates.incorplawupdates.in · 10 okt, 0:45 UTC1
1. RBI Dollar Window for IOC, HPCL, BPCL From 12 Oct 202610 okt UTC
CNBCTV18cnbctv18.com · 10 okt, 3:33 UTC1
1. RBI revises forex derivative rules: What changes for transactions, cancelled contracts - CNBC TV1810 okt UTC
The Edge Malaysiatheedgemalaysia.com · 10 okt, 3:54 UTC1
1. India unveils tough curbs on dollar demand to defend rupee10 okt UTC
BusinessLinethehindubusinessline.com · 10 okt, 3:58 UTC2
1. RBI steps up rupee support, opens dollar window for oil companies - The HinduBusinessLine10 okt UTC
2. RBI tightens forex derivatives framework to ensure orderly functioning of market - The HinduBusinessLine10 okt UTC
News9livenews9live.com · 10 okt, 4:33 UTC1
1. India’s forex reserves dips almost $13 bn; both foreign currency assets and gold fell | Biz News10 okt UTC
The Times of Indiaindiatimes.com · 10 okt, 4:35 UTC3

Wie erbij betrokken is

Wie erbij betrokken is

Organisaties

Bharat PetroleumIndian oil and gas company
Reserve Bank of Indiacentral bank of India

Plaatsen

India
Mumbai

Beloften

Beloften

Beloofd in dit verhaal: 3Deels nagekomen 2Verlopen, nog niet gecontroleerd 1

Verlopen, nog niet gecontroleerdRBI: Starting October 12, the RBI will cover the entire daily dollar needs of Bharat Petroleum until further notice.Uiterlijk 12 okt UTC
Deels nagekomenRBI: Starting October 12, the RBI will cover the entire daily dollar needs of Hindustan Petroleum until further notice.Uiterlijk 12 okt UTC
Deels nagekomenRBI: Starting October 12, the RBI will cover the entire daily dollar needs of Indian Oil until further notice.Uiterlijk 12 okt UTC