Central bank to limit sharp swings in rupee after slip to record low, traders say
Persistent intervention by the RBI in the foreign exchange market over the past several months had dampened exchange rate volatility.
Source: moneycontrol.com
Bank Pitale News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Bank Pitale. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Bank Pitale Today - Breaking & Trending Today
India cenbank to limit sharp swings in rupee after slip to record low, traders say
India's central bank will continue to curb sharp swings in the rupee, traders said, after it fell to a record low on Friday, spurring speculation the Reserve Bank of India may be loosening its...
Source: marketscreener.com
RBI likely to go for another rate hike to tame inflation: Experts
The central bank since May last year has raised the repo rate by 250 basis points to control inflation, which has stayed above the RBI's tolerance limit of 6 per cent for two consecutive months since January.
Source: indianexpress.com