Tag: RBI intervention
Posted in Economy
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…
Posted in Economy
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…
Posted in Economy
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…
Posted in Economy
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…