rupee stabilization News

RBI's Bold Move: $20 Billion Forex Sold in November, Potential for $138 Billion More

The RBI sold $20 billion from its forex reserves in November to stabilize the rupee, with potential for $138 billion more in sales. Despite significant sales, India's forex reserve...

India's Forex Reserves Take a Significant Dip: A Closer Look at the $8.48 Billion Decline

India's foreign exchange reserves have significantly declined by $8.478 billion to $644.391 billion, as reported by the Reserve Bank of India. This marks a continued downward trend...