Tag: RBI

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Verdict in India Imminent, RBI Cites Warren Buffet Skepticism as Purpose to Ban Crypto

Verdict in India Imminent, RBI Cites Warren Buffet Skepticism as Purpose to Ban Crypto

Again in April 2018, the Reserve Bank of India determined to go forward and issue a discover prohibiting all of India’s banking and monetary estab [...]
Week Two of RBI Vs. Crypto on the Supreme Courtroom of India

Week Two of RBI Vs. Crypto on the Supreme Courtroom of India

The Supreme Courtroom of India has this week listened to additional hearings within the landmark case towards the Reserve Financial institution of [...]
India’s Central Financial institution Explains Why It Blocked Banks From Utilizing Cryptos in Court docket Submitting

India’s Central Financial institution Explains Why It Blocked Banks From Utilizing Cryptos in Court docket Submitting

The Reserve Financial institution of India (RBI), the nation's central financial institution, has defined that it "ringfenced" monetary establishme [...]
Foreign exchange kitty continues to swells, scales previous $451-billion mark

Foreign exchange kitty continues to swells, scales previous $451-billion mark

MUMBAI : Overseas trade reserves gained $2.484 billion to the touch a brand new excessive of $451.08 billion within the week to [...]
USD/INR Charge Could Acquire After RBI Shocked Markets

USD/INR Charge Could Acquire After RBI Shocked Markets

Indian Rupee, USD/INR, RBI, Nifty 50 - Speaking FactorsIndian Rupee gained after the RBI shocked markets with a charge maintainUS [...]
Indian rupee: The Indian rupee is getting crushed by its personal central financial institution

Indian rupee: The Indian rupee is getting crushed by its personal central financial institution

By Kartik Goyal The Reserve Financial institution of India’s efforts to assist the flagging financial system are turning out to be a bane for the r [...]
Foreign exchange reserves rise to new lifetime excessive

Foreign exchange reserves rise to new lifetime excessive

India’s foreign exchange reserves rose by $441 million to a contemporary lifetime excessive of $448.249 billion within the week to November 15, o [...]
Foreign exchange reserves hit file excessive at $440.75 billion

Foreign exchange reserves hit file excessive at $440.75 billion

Motion within the FCA happens primarily on account of buy or sale of international trade by the RBI, earnings arising out of the deployment of inte [...]
Foreign exchange: Foreign exchange reserve hits lifetime excessive of $437.83 billion

Foreign exchange: Foreign exchange reserve hits lifetime excessive of $437.83 billion

Mumbai: The nation's international alternate reserves surged by $4.24 billion to the touch a file excessive of $437.83 billion within the week to O [...]
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