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IMF reclassifies India's exchange rate regime to 'stabilised arrangement', faces RBI pushback | Business News

The IMF reclassification followed the Reserve Bank of India's likely forex interventions where the rupee traded in a "very narrow range, suggesting intervention likely exceeded levels necessary to address disorderly market conditions," IMF said in the report. ....

Shaktikanta Das , Reserve Bank , Dhiraj Nim , India Exchange Rate , International Monetary Fund , Ndia Monetary Policies , Ndian Express ,

India criticises IMF for suggesting RBI influenced value of rupee via excessive intervention in forex market

India Business News: India criticises IMF for claiming RBI excessively intervened in forex market; IMF reclassifies India's exchange rate regime; RBI disagrees; IMF report ....

Shaktikanta Das , International Monetary Fund , Reserve Bank , Dhiraj Nim , Business News , Rbi Influenced Value Of Rupee , Rbi Excessive Intervention , India Imf Value Of Rupee , India Imf , India Criticises Imf , Forex Market ,

IMF Reclassifies India's Exchange Rate Regime To 'Stabilised Arrangement', Faces RBI's Pushback

The IMF reclassification follows RBI's likely forex interventions where the rupee traded in a 'very narrow range, suggesting intervention likely exceeded levels necessary to address disorderly market conditions', IMF Reclassifies India's Exchange Rate Regime To 'Stabilised Arrangement', Faces RBI's Pushback ....

Shaktikanta Das , International Monetary Fund , Reserve Bank , Dhiraj Nim ,

Rupee: Rupee gains lag Asian peers as RBI builds buffer

On Thursday, the rupee closed at 83.3275 per US dollar, just 0.09% stronger than 83.4025/$1 at previous close. Meanwhile, currencies such as the Thai baht and the South Korean won notched up gains of around 2% versus the US dollar on Thursday while the Indonesian rupiah strengthened 1%, Bloomberg data showed. ....

South Korea , South Korean , Abheek Barua , Federal Reserve , Reserve Bank , Dhiraj Nim , Central Bank ,

RBI's heavy hand to keep Indian rupee in tight range for some time

The Indian rupee will trade in a tight range against the dollar in the year ahead, according to FX strategists in a Reuters poll who reckon it will be at least six months before the Reserve Bank. ....

Vivek Kumar , Veronica Khongwir , Susobhan Sarkar , Kim Coghill , Milounee Purohit , Hari Kishan , Dhiraj Nim , December Reuters ,