The dollar is heading for a steady week and next week’s quarterly loss due to concerns over tariffs slowing U.S. growth, affecting yields, stocks, and the currency. The euro and the yen have seen significant gains this quarter, driven by various factors including peace prospects in Ukraine and dollar weakness.
RBI buyback sees strong demand with bids doubling notified amount
At its second buyback auction of FY26, the RBI received bids worth Rs 53,031 crore against a notified Rs 26,000 crore, accepting 99% of it.