Mumbai: The Reserve Bank of India’s (RBI) aggressive intervention in the forex market over the last two days helped the rupee ...
The Indian rupee strengthened by 64 paisa to 83.83 against the US dollar, marking its largest single-day gain since November ...
The RBI is estimated to have sold $11-12 billion in the FX market in the last two days to defend the local currency.
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Data suggests that the forex reserves of the RBI has declined sharply by over $75 billion since September 27. This was the ...
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
Over and above taking measures to support liquidity, the RBI will have to push through more rate cuts this year to support ...
Though gold declined in late 2024 after Donald Trump was re-elected to the White House, the precious metal has been on a tear since the beginning of 2025. The Reserve Bank of India last year was the ...
India's central bank aggressively sold between $4 billion and $7 billion to support the rupee, which faced record lows due to ...
The Indian rupee rallied on Tuesday on the back of strong intervention by the Reserve Bank of India, which traders said could ...
Former CEA Arvind Subramanian critiques RBI policies, fiscal framework, income tax cuts, and weak private investment in India ...
The rupee recovered from its all-time low on Monday after the Reserve Bank of India (RBI) likely intervened by selling ...