RBI Can Spend Up to $30 Billion to Defend Rupee, Says German Brokerage
Amid pressure on the rupee, a German brokerage has suggested that the Reserve Bank of India (RBI) can utilize up to USD 30 billion from its impressive forex reserves, which…
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Amid pressure on the rupee, a German brokerage has suggested that the Reserve Bank of India (RBI) can utilize up to USD 30 billion from its impressive forex reserves, which…
Indian Rupee Depreciates to Lifetime Low of 83.29 Against US Dollar The Indian rupee faced a fourth consecutive day of depreciation, settling at a new lifetime low of 83.29 (provisional)…
The Rupee’s Decline: Factors Behind the All-Time Low On Wednesday, September 6, the Indian Rupee hit an all-time low of 83.14 against the US Dollar. This significant drop has raised…