RBI's surprise, outsized intervention eases bearish bias on rupee
The Indian central bank's unexpected and decisive intervention in the foreign exchange markets over the past two days, worth ...
Mint21d
Mint Primer | The significance of RBI’s plan to take the rupee global
The RBI’s goal was to promote the use of the rupee as an international currency, and to enable trade with Russia and other sanction-hit nations. A Vostro account is held by a domestic bank on ...
Indiatimes28d
RBI looks to retain stance on rupee amid volatility
The RBI will continue its currency market intervention strategy to manage excessive volatility and maintain macro-economic stability. The rupee hit a new low of 86.63 against the dollar amid ...
Business Line23d
RBI likely to use long-term buy-sell currency swaps for effective liquidity management: SBI Research
The State Bank of India’s Economic Research Department predicts that the Reserve Bank of India will implement longer-term currency swaps to boost foreign exchange reserves and enhance liquidity.