Tag: RBI currency management
Posted in Economy
RBI moves to support rupee at 96.78, cracks down on forex derivatives
The Reserve Bank of India (RBI) on Saturday announced a series of measures to ease pressure on the rupee, tightening rules for foreign exchange derivatives,…
Posted in Economy
Rupee at 90: RBI Governor Malhotra says no targeted band, market will decide currency level
Reserve Bank of India Governor Sanjay Malhotra on Friday reiterated that the central bank does not operate with any predetermined band for the rupee and…