Tag: foreign exchange market
Posted in Economy
Indian cenbank asks lenders to cut speculative bets against rupee, sources say
The Indian central bank, in a rare move, instructed some banks to cut their long positions on the dollar-rupee pair on Friday, seeking to reduce…
Posted in Economy
India’s forex reserves touch an all-time high of $689.24 bn as of Sept 6
India’s forex reserves jumped $5.2 billion to a fresh all-time high of $689.24 billion for the week ended August 30, the Reserve Bank of India…