Mumbai: The Reserve Bank of India (RBI) significantly stepped up its foreign exchange intervention last week, selling an estimated $8 billion to $15 billion to support the rupee, according to bankers familiar…
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RBI Holds Repo Rate at 5.25% as Global Uncertainty, West Asia Tensions Keep Inflation Risks Elevated
Mumbai: The Reserve Bank of India (RBI) on Wednesday decided to keep the benchmark repo rate unchanged at 5.25 per cent, opting for a cautious approach amid persistent global economic uncertainty, volatile…
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New Delhi: The Indian rupee opened five paise higher at 94.35 against the US dollar on Monday, supported by easing crude oil prices and strong foreign capital inflows, even as persistent strength…
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