impact of rupee appreciation

RBI's foreign exchange reserves could be used up to $30 billion to support the Indian rupee.
Economy & Tech

RBI’s foreign exchange reserves could be used up to $30 billion to support the Indian rupee

By honey September 23, 2023 No Comments

Forex reserves, often known as foreign exchange reserves (FX reserves), are assets kept by a country’s central bank or monetary authority. Read more : 24%…

View More RBI’s foreign exchange reserves could be used up to $30 billion to support the Indian rupee
Indian rupee declined further, reaching 82.93 per dollar as a result of the surge in crude oil prices.
Economy & Tech

Indian rupee declined further, reaching 82.93 per dollar as a result of the surge in crude oil prices

By honey September 13, 2023 No Comments

The Indian rupee opened marginally down versus the US dollar on Wednesday, as the greenback strengthened and crude oil prices rose. The local currency began…

View More Indian rupee declined further, reaching 82.93 per dollar as a result of the surge in crude oil prices