Tag: dollar demand
Posted in Economy
Forex reserves rise to $703 billion; rupee slips 14 paise
Mumbai: India’s foreign exchange reserves rose by $2.3 billion to $703 billion in the week ended April 17, mainly due to an increase in foreign…
Posted in Economy
RBI’s oil forex window set to fuel rupee recovery
Mumbai: The Reserve Bank of India has opened an exclusive foreign exchange window for supplying dollars to state-run refiners, easing pressure on the spot exchange…