India’s Central Bank Sold $7 Billion in a Day to Stop the Rupee’s Slide
Photo by BeInCrypto The Reserve Bank of India (RBI) sold about $7 billion last Friday to defend the rupee, Bloomberg...
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India leads overseas funds in UK property transactions
One in ten homebuyers in the UK are using funds originating overseas to finance all or part of their property...
Nepal eases rules on Indian currency, allows Rs 200 and Rs 500 notes up to Rs 25,000 | India News
NEW DELHI: Nepal has eased restrictions on the movement of Indian currency, allowing Indian and Nepali citizens to carry Indian...
India’s forex reserves rise $1.08 billion to $676.24 billion, RBI data shows – Firstpost
India’s foreign exchange reserves rose by $1.08 billion to $676.237 billion in the week ended July 17, according to data...
Indian central bank intervention blunts oil surge, shores up rupee
By Jaspreet Kalra MUMBAI, July 24 (Reuters) - India's central bank likely sold dollars on Friday, helping the rupee avoid...
India’s central bank sold $6 billion in May to defend oil-hit rupee, data shows
(Corrects paragraph 7 to say rupee closed at 96.5650, not 95.5650) MUMBAI, July 22 (Reuters) - The Reserve Bank of...
Indian rupee’s return to near-record lows reflects RBI debate on intervention
Currency weakens 2% over July, nears record low of 97 to the US dollar; the central bank’s limited and intermittent...
Indian rupee nears record low, investors question RBI’s currency policy
The Indian rupee's return to near-record lows is sowing confusion among investors and traders, who say the central bank's limited interventions...
Rupee opens at 96.40 against US dollar, down 12 paise amid crude oil rally
The Indian rupee opened 12 paise weaker against the US dollar on Monday (July 20), tracking a fresh surge in...
FCNR (B) Inflows Disappoint: Rupee Weakens Amid Global Yields & Narrowing Spreads
Despite initial optimism, inflows into India's foreign currency non-resident (bank), or FCNR (B), deposits have significantly underperformed market expectations, causing...
