The Reserve Bank of India has not intervened in a big way in the currency markets, unlike most of its emerging Asian peers, because it can ill-afford to expend a
The Reserve Bank of India (RBI) was suspected to be selling dollars in the forex market on Thursday at around 49.15 rupees to arrest steep losses in the local
The country's foreign exchange reserves grew by $31.5 billion in the first nine months of this fiscal, but credit for two out of every three of these dollars go to the rupee appreciation.
If we gave you a million dollars today, where would you invest it?
He is betting big on China.
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