Browsing: RBI
The rupee traded in a tight range and slipped 6 paise to 87.69 against the US dollar in morning trade…
Central bank has reiterated that while the approval requirement has been done away with, banks must continue to adhere to…
The rupee appreciated 40 paise to 87.25 against the US dollar in early trade on Friday, amid lower crude prices…
Cutting of speculative short positions on the rupee also helped it trim losses after the RBI stepped in, a trader…
The Reserve Bank of India will conduct overnight variable rate reverse repo (VRRR) auction on July 31 to absorb Rs…
Traders pointed to dollar sales from Indian banks, most likely on behalf of the Reserve Bank of India, which helped…
India’s foreign exchange reserves (forex) witnessed an uptick of $4.8 billion to $702.78 billion for the week ending June 27,…
India’s central bank lowered short dollar positions in the derivatives market for a third successive month in a rejig of…
However, a sharp depreciation in the rupee is unlikely, as the RBI’s robust $699 billion forex reserves and an import…
India’s forex reserves hit $698.950 billion, nearing all-time high, with significant gold holdings and strategic RBI interventions. | Photo Credit:…