Tag: Forex

Mumbai: All major markets, including BSE, National Stock Exchange, forex and money markets are closed Monday due to elections in Mumbai.

Mumbai: An internal working group (IWG) of the Reserve Bank of India, mandated to review the current liquidity management framework, has recommended the use of long term repo ops at market rates to manage liquidity. Lliquidity management is the operating procedure of monetary policy, which seeks to ensure that sufficient credit is provided to all […]

Mumbai: The country’s foreign exchange reserves rose USD 183 million to touch a record high of USD 560.715 billion in the week ended October 30, RBI data showed on Friday. In the previous week ended October 23, the reserves had jumped USD 5.412 billion to USD 560.532 billion. In the reporting week, the reserves rose […]