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

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

[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

Statsguru: Six charts show rising India’s foreign exchange reserves | Economy & Policy News

Statsguru: Six charts show rising India's foreign exchange reserves | Economy & Policy News

[ad_1] India’s foreign exchange reserves have doubled in the past decade. The cushion means better external debt metrics and a more stable currency, particularly compared to the volatility seen during the taper tantrum episode of 2013, according to a Business Standard analysis. Due to increased capital flows, India accumulated over $100 billion worth … Read more