import demand

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    Reserve Bank Options Amid Large Foreign Exchange Holdings

    New Delhi, March 31 – India’s foreign exchange reserves of over $700 billion are large enough to deter speculative activity and allow the Reserve Bank of India to intervene and stabilize the rupee, a report said on Tuesday.The report from SBI Research said that current reserve levels are...
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    Rupee Falls to New Low Amid Global Uncertainty

    Indian Rupee Falls to Record Low of 92.94 Against US Dollar Amid Rising Oil Prices and FII Outflows New Delhi, March 20: The Indian rupee weakened further on Thursday, slipping to a fresh all-time low of 92.94 against the US dollar, as elevated crude oil prices and sustained foreign fund...
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