Tag: Reserve Bank of India intervention
Posted in Economy
No anchor, rupee sinks to 89/dollar
The rupee hit its weakest level on record, depreciating past the psychologically significant 89 per dollar mark for the first time on Friday, before closing…
Posted in Economy
Govt keeping ‘good watch’ on rupee, several currencies declined against USD: Sitharaman
Finance Minister Nirmala Sitharaman has said that the government is keeping a ‘good watch’ on exchange rates, stressing that besides rupee several other currencies have…