foreign exchange market
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RBI to offer USD 2 billion worth American dollars to soothe forex market
Decided to undertake six-month US Dollar sell/buy swaps to provide liquidity to the foreign exchange market: central bank
RBI remains net seller of US dollar in Oct; sells USD 7.2 billion
Central bank purchased USD 945 million, while sold USD 8.149 billion in the spot market, according to the data.
RBI defends 72 rupee per dollar mark strongly: dealers
After briefly slipping to 72.04 to the dollar in early trade, the Indian rupee stayed above the 72 mark for most of the day.
RBI net buys USD 1.665 billion of US currency in February
RBI's intervention in the foreign exchange market is to curb volatility in the rupee and not to target a price band.
RBI net buys USD 852 million of US currency in October
Central bank's intervention in foreign exchange market is to curb volatility in rupee and not to target a price band.
RBI net dollar purchase in August at USD 3.226 billion
RBI's intervention in the foreign exchange market is to curtail volatility in the rupee market.
RBI net dollar purchase in July at $2.9 billion
RBI intervenes in the foreign exchange market to contain volatility in the rupee market.