Tag: currency market intervention
Posted in Economy
RBI open to more steps to curb FX speculation, Governor Sanjay Malhotra says
The Reserve Bank of India would consider further measures, if needed, to curb speculative trading in the foreign exchange market, Governor Sanjay Malhotra said in…
Posted in Economy
RBI’s forex strategy yields better results than IMF approach, says deputy governor Poonam Gupta
The Reserve Bank of India’s (RBI) currency management policy of building up foreign exchange reserves and intervening in the currency market to smoothen volatility may…