Tag: RBI intervention
Posted in Economy
With growing economy, India has 4th largest forex reserves after China, Japan, Switzerland
With its growing economic strength, India has achieved the significant feat of joining the ranks of the world’s largest foreign exchange reserves, securing the 4th…
Posted in Economy
RBI helps rupee outperform peers in month marred by US election anxiety
The Indian rupee was little changed on Thursday, similar to most of this month during which the central bank’s stranglehold on the currency helped it…
Posted in Economy
Imported inflation edges up after months in the negative zone
After remaining in the negative zone for several months, imported inflation or cost of imports is slowly edging up since the beginning of the fiscal….