Tag: currency exchange
India’s Forex Reserves Drop by $2.54 Billion Amid RBI Intervention
India’s forex reserves decline to $635.72 billion, reversing a three-week gain streak, as the RBI steps in to stabilize the Rupee amid its depreciation against the US dollar.
RBI Governor Signals Shift to More Flexible Rupee Amid Currency Volatility
New RBI Governor Sanjay Malhotra hints at easing currency intervention policies, prioritising stability while allowing market-driven rupee movements.
January 14, 2025: Reserve Bank of India...