Tag: RBI forex strategy
An $84 billion short book is putting pressure on India’s rupee
The Indian rupee is emerging Asia’s worst performer this quarter and may continue to lag peers as the central bank aims to avert a depletion in its fo [...]
RBI may need to tweak its forex strategy, allow rupee to weaken: Experts
Since the past few days, the rupee has hit a series of record lows and is currently around 79 against the US dollar as concerns over economi [...]
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