The Reserve Bank of India (RBI) net purchased a record $43.26 billion in August, more than double the $18.65 billion net purchase in July, according […]
Tag: rupee exchange rate
RBI extends forex risk reserve requirement to banks’ own hedging contracts | Finance News
The Reserve Bank of India (RBI) has extended the foreign exchange risk reserve (FERR) requirement to rupee derivative contracts undertaken by authorised dealers to hedge […]