Tag: RBI intervention
Rupee gains 15 paise to 96.81 against dollar, likely helped by RBI intervention
Kolkata: Likely regulatory intervention helped Indian rupee gain 15 paise to close at 96.81 against the greenback, bouncing back from the intra-day low of 95.94…
Rupee gains 15 paise to 95.81 against dollar, likely helped by RBI intervention
Kolkata: Likely regulatory intervention helped the Indian rupee gain 15 paise to close at 95.81 against the US dollar on Friday, bouncing back from the…
Rupee value is market-driven, has no target band against US dollar: FM Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said the rupee’s value against the US dollar is market-determined and there is no target or specific…
RBI should use forex reserves to prop up rupee: SBI report
New Delhi, The Reserve Bank should use foreign exchange reserves to prop up the rupee hit by the ongoing West Asia crisis, suggested a research…
RBI’s liquidity boost falters amid FX market intervention, analysts say
The Reserve Bank of India‘s liquidity infusion via a phased cash reserve ratio cut had less impact than expected as dollar sales and maturing FX…
FIEO seek RBI intervention; exporters facing challenges from high tariffs, input cost inflation
Exporters’ body FIEO on Thursday sought immediate intervention of the Reserve Bank, citing multiple challenges faced by the export sector, including rising tariffs, input cost…