Tag: rupee stability
Posted in Economy
FCNR inflows cushion rupee, BoP; FII flows crucial for sustained external stability: Report
New Delhi [India]: Foreign currency non-resident (FCNR) inflows have provided a significant cushion to the rupee and India’s balance of payments (BoP), but a sustained…
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…