Tag: Shaktikanta Das
‘You buy umbrella to use it when it rains’: Das on using forex reserves to tackle Re volatility
Amid the rupee falling against the US dollar, RBI Governor Shaktikanta Das on Friday said “you buy an umbrella to use it when it rains!’, indicating t [...]
FOREX reserves to address volatility, ‘You buy an umbrella to use when it rains’: RBI
MUMBAI : RBI Governor Shaktikanta Das said on Friday that due to the RBI actions, including steps to encourage inflows, the movements of the rupee h [...]
RBI will ensure stability in the forex market, says Shaktikanta Das – Business Standard
RBI will ensure stability in the forex market, says Shaktikanta Das Business Standard
www.business-standard.com [...]
India’s foreign exchange kitty swells by $101.5 bn in FY21, steepest rise in a single monetary yr
India’s international alternate reserves proceed to be in file setting mode – FY21 noticed $101.5 billion {dollars} accretion in reserves. That is [...]
India foreign exchange reserves surpass Russia’s to develop into world’s 4th largest
India’s foreign-exchange reserves surpassed Russia’s to develop into the world’s fourth-largest, because the South Asian nation’s central financial [...]
Regardless of being on watchlist, RBI to proceed intervening in foreign exchange mkt
MUMBAI: The RBI will proceed to intervene in overseas alternate market regardless of being on the forex manipulator watchlist, governor Shaktikanta [...]
Foreign exchange reserves climb $11.9 billion to all-time excessive of $534.5 billion
(Consultant picture)MUMBAI: The nation's international change reserves hit an all-time excessive of $534.568 billion after surging by large $11.938 [...]
Foreign exchange kitty continues to swells, scales previous $451 bn mark
Foreign exchange reserves gained USD 2.484 billion to the touch a brand new excessive of USD 451.08 billion within the week to November 29, in acco [...]
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 [...]