RBI Using Forex Reserves ‘Sensibly’ To Defend Rupee, Lower Outflow In Festive Season ...Middle East

Mumbai: The Indian rupee, which was falling since the start of calendar year 2022 and touched lifetime lows multiple times, was defended by the Reserve Bank of India (RBI) multiple times in a prudent manner by spending the country’s forex reserves. “The erosion in the forex reserves amid the central bank’s filling the gap between […] The post RBI Using Forex Reserves ‘Sensibly’ To Defend Rupee, Lower Outflow In Festive Season appeared first on Ommcom News.

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