India, Rupee
Reserve Bank of India Injects Record $28.85 Billion to Stabilize Rupee and Boost Liquidity
The Reserve Bank of India (RBI) is set to infuse a record 2.50 trillion rupees ($28.85 billion) into the banking system through an overnight variable rate repo auction on Wednesday. This marks the central banks
India Central Bank Intervenes to Curb Speculative Rupee Bets
The Reserve Bank of India intervened in the foreign exchange market this week to curb speculation in the rupee, according to a person familiar with the central bank’s thinking, surprising traders who expected a more hands-off approach on the currency from the new governor.
RBI will release new ₹50 notes with Governor Malhotra’s signature as part of a currency update. Old notes remain valid ...
The Indian rupee has faced downward pressure against major currencies like the US dollar. Factors contributing to this ...
India's central bank will infuse a record quantum of funds into the banking system through an overnight infusion on Wednesday ...
India’s inflation eased to a five-month low in January, justifying the central bank interest rate cut, though risks remain amid a depreciating currency and threat of tariffs.
Regarding the Reserve Bank of India's strategy, Sitharaman explained that the central bank's gold acquisitions are part of its efforts to maintain a balanced reserve portfolio, which includes the US ...
Finance Minister Nirmala Sitharaman on Monday clarified in the Lok Sabha that India's rising gold reserves, including those ...
Reserve Bank of India Governor Sanjay Malhotra says the central bank is not concerned with daily rupee fluctuations, focusing ...
The reserves had reached their peak at USD 704.885 billion in late September 2024, marking a historic high for the country. According to data released by the Reserve Bank of India on Friday, foreign ...
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