Tag: RBI intervention
Rupee Hits Multi-Month High vs US Dollar Amid Crude Price Crash, FPI Inflows
Strengthening Asian currencies, softening oil prices, and robust foreign portfolio investments have propelled the Indian rupee to a seven-month high, raising bullish hopes for...
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.