Subhadip Sircar

India’s biggest fixed-income funds are ramping up positions across the market as they prepare for the central bank to start easing monetary policy this year.

The Reserve Bank of India is starting to relent on its tight control of the rupee, acknowledging the difficulty of simultaneously having a fixed exchange rate, open capital account and an independent monetary policy.

The Reserve Bank of India is starting to relent on its tight control of the rupee, acknowledging the difficulty of simultaneously having a fixed exchange rate, open capital account and an independent monetary policy.

A surprise interest-rate cut in Indonesia and signs the Reserve Bank of India is loosening its tight grip on the rupee suggest central banks’ defense against a strong dollar is starting to crack.

India’s falling currency may still have a silver lining for its federal government. Analysts are penciling in another year of windfall dividend by the Reserve Bank of India courtesy the profits earned on selling massive amounts of dollars in its attempt to support the rupee.

India’s central bank will conduct open market bond purchases and undertake buy-sell swap forex auction to augment liquidity in the banking system.

(Bloomberg) -- India's central bank plans to inject nearly $18 billion into the domestic financial system as it steps up efforts to ease a cash shortage that is at its highest in over a decade and which some see as hurting growth in Asia's third-largest economy.

(Bloomberg) -- India’s net borrowings will likely decline for a second straight year, possibly extending a rally in the nation’s bonds, as the government is expected to stick to its fiscal consolidation path. Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Billionaire Developer Caruso Slams LA Leadersh

Subhadip Sircar and Bhaskar Dutta 3 min read (Bloomberg) -- After two years of calm, the rupee's sudden slide is starting to strain