Tag: RBI forex reserves
Posted in Business
India forces banks to unwind rupee bets, squeezing short sellers| Business News
India has moved to curb speculative bets against the rupee, taking one of its most forceful steps in over a decade as the cost of…
Posted in Business
India offloads US bonds, piles up gold in pivot away from dollar assets| Business News
The Reserve Bank of India’s holdings of US Treasury bonds have fallen to a five-year low as India pushes to support rupee versus the US…
Posted in Business
India gold reserves top $100 billion on surging bullion prices, forex down| Business News
India’s gold reserves crossed the $100 billion mark for the first time, according to the Reserve Bank of India’s latest forex reserves data, buoyed by…