RBI intervention

Rupee Hits Multi-Month High vs US Dollar Amid Crude Price Crash, FPI Inflows

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,…

7 months ago

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…

10 months ago

India’s Forex Reserves Dip by 2.63%, Not the Steepest Decline in Two Decades: Government Clarifies

Minister of State for Finance points to 2008 global financial crisis as the period with the sharpest decline in forex…

12 months ago