Tag: rupee

Exchange rate is not a policy tool to fight tariffs, RBI deputy governor says
Posted in Economy

Exchange rate is not a policy tool to fight tariffs, RBI deputy governor says

The Indian rupee‘s exchange rate is not a policy tool to fight trade tariffs, a senior Indian central bank official said on Wednesday. The exchange…

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The RBI is keeping a close watch of the rupee's movements and would take "appropriate steps" as warranted, Governor Sanjay Malhotra had said earlier in October. (PTI)
Posted in Business

A stable rupee vs dollar fuels speculation of RBI returning to old playbook| Business News

The Indian Rupee (INR) has barely budged against the US Dollar (USD) over the past three weeks, prompting some traders to speculate that the Reserve…

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Posted in Economy

Rupee pushed to the front in cross border transactions

The central bank Wednesday proposed measures to push the use of the rupee in trades beyond home and make the currency more widely used in…

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