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- 1India central bank completes record $12 billion debt sale●India central bank completes 1 trillion rupee net debt sale for first time in a decade
India's central bank has completed a net sale of government debt totalling 1 trillion rupees, the first such volume in a decade. The move, reported by Reuters, reflects efforts to manage liquidity in the banking system and support the rupee. Market watchers are assessing what the milestone means for bond yields, borrowing costs and the RBI's policy stance in the months ahead.
- 2Rising US yields and oil prices test RBI's rupee buffer●Rising US yields, oil headwinds put RBI's 96 buffer to the test
India's central bank is facing renewed pressure on the rupee as rising US Treasury yields and stronger oil prices weigh on the currency. The Reserve Bank of India holds roughly $96 billion in foreign exchange reserves it built up as a buffer, and analysts are watching whether those reserves will be enough to keep the rupee stable if global conditions tighten further.