India’s rupee surges amid RBI’s $9 billion bond purchase

By: cryptopolitan|2025/05/05 17:15:01
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The rupee closed at 84.58 on Friday in Mumbai, rising 1% in one week after a mix of portfolio inflows, strength across regional currencies, and a heavy dose of bond buying by the Reserve Bank of India.The RBI confirmed plans to buy 750 billion rupees in government bonds this week—around $8.88 billion. That move triggered a shift in the bond market and helped the rupee push past 84, although importer hedging and likely dollar-buying by the central bank stopped it from going further.According to Reuters, traders said the USD/INR pair has likely bottomed out and may trade between 83.80 and 85 in the short term. One trader at a foreign bank reportedly explained that the RBI is expected to step in whenever the dollar drops below 84 rupees, adding that the central bank wants to build up reserves, which hit a six-month high of $688 billion on April 25 after climbing for eight straight weeks.RBI lowers yields with heavy bond purchasesIndia’s 10-year bond yield ended Friday at 6.3538%, down 1 basis point from the previous week. That marked the seventh week in a row of declines, totaling a drop of 35 basis points. Traders expect yields to stay between 6.30% and 6.40%, but said that may change depending on updates in India-Pakistan tensions and the outcome of the upcoming US Federal Reserve meeting on May 7.The central bank has already bought 3.65 trillion rupees of bonds through open market operations (OMOs) so far in 2025. On top of that, it picked up another 388 billion rupees through secondary market purchases.That trend will continue with the $8.88 billion bond purchase this week, followed by two smaller ones of 250 billion rupees each later in May.Radhika Rao, senior economist and executive director at DBS Bank, said this injection could help with “policy transmission and support growth amid global uncertainties.” Radhika also said the move may be aimed at absorbing the liquidity loss expected from maturing dollar-forward contracts over the next three months.Investors track Fed decision, PMIs, and trade dataMarket attention is also on the US jobs report, which came in stronger than expected. That pushed the US dollar higher against most major currencies on Friday. Traders said the strength in the dollar added pressure to the rupee and other Asian currencies ahead of the Fed’s next decision.The Federal Reserve is expected to keep interest rates unchanged, but analysts are watching Jerome Powell’s comments closely. His tone will be key in figuring out where the US economy is headed next. The uncertainty comes as tariff policies continue to reshape trade.India’s traders are also keeping an eye on a potential US-India trade agreement and how border tensions develop. All of this plays into the rupee’s direction this week.Swap traders are waiting for clarity. India’s overnight index swap rates are expected to stay steady at the start of the week. But the one-year, two-year, and five-year swap rates have all dropped sharply over the last five weeks. Traders said they could fall further depending on what the Fed announces.Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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