by Dhara Hariya | Sep 25, 2023 | Forex
The Indian rupee faced a drop in value on Monday, erasing some of the gains made after JPMorgan included Indian bonds in its index. This decline was attributed to several factors, including increased dollar demand from importers and the ongoing pressure of high U.S....
by Dhara Hariya | Sep 18, 2023 | Forex
The Reserve Bank of India (RBI) was actively engaged in the foreign exchange market in July, as revealed by the central bank’s monthly bulletin. During the month, the RBI purchased a net total of $3.47 billion, underscoring its efforts to manage currency...