RBI sold at least $4 billion to prop up rupee, traders say
India's central bank aggressively sold between $4 billion and $7 billion to support the rupee, which faced record lows due to ...
RBI doubles OMO purchase to Rs 40,000 crore; Bank stocks remain under pressure
The Reserve Bank of India (RBI) has increased the first tranche of its Open Market Operations (OMO) purchase from Rs 20,000 ...
RBI intervenes to stop rupee’s fall to 88 to a dollar
The rupee recovered from its all-time low on Monday after the Reserve Bank of India (RBI) likely intervened by selling ...
Trade tariff worries push rupee to record low, RBI steps in to cap losses
The Indian rupee dropped to its lifetime low on Monday as the risk of fresh U.S. trade tariffs spurred losses in most ...
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RBI intervenes to shore up the rupee
The rupee, which had closed at ₹87.46 per dollar on February 10, surged to ₹86.63, even as the dollar index climbed from ...
RBI followed a highly unfortunate exchange policy: Arvind Subramanian
Former CEA Arvind Subramanian critiques RBI policies, fiscal framework, income tax cuts, and weak private investment in India ...
RBI doubles bond purchases to Rs 40,000 crore
Market participants are expecting additional liquidity support via variable rate repo (VRR) auctions and open market ...
FM: RBI's gold buying not to replace $ for settlements
FM Nirmala Sitharaman on Monday clarified in the Lok Sabha that India's rising gold reserves, including those held by RBI, is ...
RBI is accumulating gold to maintain a balanced reserve portfolio: FM
Union Finance Minister Nirmala Sitharaman on Monday reportedly said in the Lok Sabha that Indias rising gold reserves, including those held by the Reserve Bank of India (RBI), is not intended to ...