BNY’s Geoff Yu notes that India’s bonds sold off after the Reserve Bank of India (RBI) unexpectedly advanced closure of its special Dollar deposit window to end-August. The change reduces anticipated Indian Rupee (INR) liquidity, lifts 5-year and 10-year yields, and may slow reserve accumulation and Rupee appreciation as authorities grow wary of future liabilities and forward-premium costs.
RBI
RBI Cuts Repo Rate: How Your FD Returns May Fall – What Investors Should Know
RBI Cuts Repo Rate: The Reserve Bank of India (RBI) cut the repo rate by 25 basis points on Friday, December 5, 2025, bringing it down to 5.25%. The decision came after a three-day meeting of the Monetary Policy Committee (MPC), which voted unanimously for the cut while keeping the policy stance neutral.
Rupee Falls Below 90/USD: What This Big Slide Means for India Now
The rupee sank to a record low against the US dollar on December 3, briefly breaching the psychological 90 mark before settling just below it. The downward move was driven by weak foreign flows, large offshore positioning and uncertainty around a US-India trade deal.
When Central Banks Whisper Winter: What It Means for Markets and Economy
Central Banks News: November always brings that strange northern-hemisphere twilight where the sun clocks out early, and the central bank economic forecast chills begin to creep under the market’s door. Yes, it’s the season when the world’s central banks drag out their annual financial-stability reports — those long-winded compendia of theoretical perils and model-driven doomsday sketches. Most of these tomes read like a winter sermon nobody asked for, but buried inside the footnotes are always a few nuggets — flashes of genuine signal amid the bureaucratic noise.
Rupee Hits Record Low of 89.61 Against Dollar Amid US Trade Tensions & FPI Outflows
Indian Rupee falls to all-time low of 89.61 against USD due to US-India trade uncertainty and heavy foreign portfolio outflows. RBI’s lower intervention and rising import demand add pressure.