Group 1 - The Reserve Bank of India (RBI) is intervening in the market to stabilize the Indian Rupee, which has recently depreciated significantly against the US Dollar, surpassing the psychological barrier of 90 [1][2] - Since June, the RBI's intervention has led to a reduction of approximately $38 billion in foreign currency assets within the foreign exchange reserves [1][6] - The Indian Rupee has depreciated by nearly 4.5% this year, making it one of the worst-performing currencies among 31 major currencies, second only to the Turkish Lira and Argentine Peso [2][8] Group 2 - The RBI's intervention strategy aims to balance curbing speculation while avoiding excessive depletion of foreign reserves and liquidity in the banking system [7][8] - The RBI has been selling foreign currency at a rate of up to $1 billion per minute to manage the depreciation pressure [2][5] - The central bank's actions have led to significant liquidity issues in the banking system, prompting the RBI to announce a liquidity injection of approximately $16 billion [6] Group 3 - The RBI's future intervention capacity may be limited due to a net short position of approximately $64 billion in forward contracts as of October [8] - Factors contributing to the Rupee's depreciation include an expanding trade deficit, punitive tariffs imposed by the US, and capital outflows, with foreign investors selling $17 billion worth of Indian stocks this year [8][11] - Ongoing trade negotiations between India and the US are critical for the future trajectory of the Indian Rupee, with potential agreements offering the RBI a chance to stabilize the currency [9][10]
突然,崩了!刚刚,紧急“救市”!
Sou Hu Cai Jing·2025-12-08 11:05