Tag Archives: RBIN

MUMBAI, July 25 (Reuters) – The Reserve Bank of India likely bought dollars and conducted sell/buy swaps via public sector banks after the rupee reached a more-than-two-month high on Tuesday, three traders told Reuters. The rupee was last at 81.7950 to the US dollar, off the day’s high of 81.6750. …

MUMBAI, July 24 (Reuters) – The recent rise in inflation has prompted Indian investors to push back rate cut expectations by at least a quarter to the middle of 2024, with a sustained rise in prices likely to prompt a further repricing, traders and analysts said on Monday. Surging food …

MUMBAI, July 21 (Reuters) – India’s foreign exchange reserves (INFXR=ECI) rose for a third straight week to a total of $609.02 billion as of July 14, the highest in nearly 15 months, data from the central bank showed on Friday. They rose by $12.74 billion from the week earlier – …