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Rupee, reserves: Calibrated approach taken by RBI in managing exchange rate | Economy & Policy News

April 16, 2024 by buzzluv.com

[ad_1] 1 min read Last Updated : Apr 17 2024 | 12:13 AM IST The rupee has depreciated 28.3 per cent in the past 10 years, but on average it has fallen around 3 per cent a year, indicating a calibrated approach taken by the Reserve Bank of India (RBI) in managing the exchange … Read more

India’s forex reserves rise by $140 mn to hit fresh peak of $642.63 bn | Finance News

March 30, 2024 by buzzluv.com

[ad_1] India’s forex reserves increased by $140 million to touch its all-time high of $642.631 billion during the week ended March 22, the Reserve Bank said. This is the fifth consecutive week of a jump in the overall reserves. The kitty had increased by $6.396 billion to $642.492 billion in the previous reporting … Read more