India’s forex reserves surge to a 11-month high of $595.9 https://ift.tt/iKA2ESt said the Reserve Bank of India had taken the opportunity to build up its reserves amid weakness in the US dollar, which had eased pressure on emerging market currencies such as the rupee. The central bank intervenes in the foreign exchange market to rein in excessive volatility in the exchange rate.
Friday, May 12, 2023
India’s forex reserves surge to a 11-month high of $595.9
Subscribe to:
Post Comments (Atom)
-
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will...
-
Bechtel - Haryana - New Delhi - Requisition ID: 214786 Geotechnical Engineer with Bachelor’s Degree in Civil Engineering and 10 + years of e...
-
Tough challenges await Rishi Sunak: Tory strategists https://ift.tt/ibXqIld has successfully eaten into the opposition poll lead - Keir Star...
No comments:
Post a Comment