Skip to content
Latest
FinanceIndia Today | Latest Stories

Rupee Defence Vs Forex Reserves Explained | RBI Intervenes As Rupee Weakens; Forex Rules Tightened

By India Today

The Indian rupee faces sustained pressure against the US dollar due to elevated crude oil prices, equity outflows by foreign investors, and attractive returns on dollar assets. In response, the Reserve Bank of India has intervened by selling dollars in the market, opening a dedicated dollar facility for three…

Read Original Article

More in Finance

From the blog