 "The RBI’s strategic .93 billion intervention stabilizes the depreciating rupee amidst fierce market volatility and global pressures.")
The RBI’s strategic $6.93 billion intervention stabilizes the depreciating rupee amidst fierce market volatility and global pressures.
The Reserve Bank of India (RBI) has reported a significant activity in the foreign exchange Market, revealing it bought a net total of $6.93 billion in July. During this month, the RBI purchased $23.57 billion and sold $16.64 billion, marking a contrast to June when it sold a net amount of $2.11 billion. In July, ...
