Tag: Indian financial markets

RBI spent $44.5 billion to defend rupee in October
Posted in Economy

RBI spent $44.5 billion to defend rupee in October

The Reserve Bank of India‘s (RBI) combined intervention in forward and spot currency markets was worth $44.5 billion in October to support the rupee from…

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Rupee eyes more gains, bond yield seen in narrow range
Posted in Business

Rupee eyes more gains, bond yield seen in narrow range

The Indian rupee is set to keep up its momentum this week as a rebound in equity inflows supports sentiment, while government bond yields are…

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