Apr 5.
Finance:
An increase in foreign exchange reserves gives the RBI more headroom to
stabilise the rupee when it turns volatile.
This is because the RBI intervenes in the spot and forward currency markets by releasing more dollars to prevent…
An increase in foreign exchange reserves gives the RBI more headroom to
stabilise the rupee when it turns volatile.
This is because the RBI intervenes in the spot and forward currency markets by releasing more dollars to prevent…