RBI’s Limited Forex Intervention Sparks Policy Surprise Speculation as Rupee Slips Past 90 | Udaipur Kiran

Mumbai, December 3 (Udaipur Kiran): As the Indian rupee slipped to a fresh record low and crossed the psychological 90-mark against the US dollar, the Reserve Bank of India (RBI) was seen largely absent from the spot forex market, with only limited intervention at select levels. According to market sources, the central bank may have […]

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India’s Forex Reserves Fall by $2.33 Billion to $700.24 Billion | Udaipur Kiran

New Delhi, October 3 (Udaipur Kiran News): India’s foreign exchange reserves declined for the second consecutive week, falling by $2.33 billion to $700.24 billion during the week ended September 26, according to data released by the Reserve Bank of India (RBI) on Friday. In the previous week, the reserves had dropped by $396 million, bringing […]

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