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Rupee falls 1ps to all-time low of 83.70/$
Hits the all-time low mark for second consecutive day, the dollar index which gauges the greenback’s strength against a basket of six currencies, was...
RBI’s Rs 2.11 trn dividend will help lower fiscal deficit
It would also improve market liquidity once Centre starts spending this amount, says Finrex Treasury Advisors’ Anil Kumar Bhansali
Central banks in buying spree for gold in Q1
Many countries preferring to increase yellow metal holdings and decrease dollar holdings owing to several reasons such as possible fall in dollar...
Modest recovery in Re
Home currency gains 4ps to 83.41/$; The dollar index, which gauges the Greenback’s strength against a basket of 6 currencies, rose 0.13% to 105.58
RBI’s red alert on illegal forex trading
Mumbai: The Reserve Bank of India (RBI) on Wednesday issued an alert against unauthorised entities offering foreign exchange (forex) trading...
Open interest contracts fall 47% despite RBI’s deadline extension
Stock exchanges meanwhile sought clarifications from RBI on the above circular, but have stopped new trades completely without underlying/certificate...
India building up gold reserves
However,RBI Governor didn’t give any specifics on quantum of gold buys
RBI issues clarification on currency derivatives circular, defers...
The RBI said that the postponement in the date of implementation of the circular, by about a month, has been made in view of feedback received and...