Tag: Reserve Bank of India
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Rupee slumps: What the currency’s fall beyond 90 per dollar means for investors – all you need to know
File photo (Picture credit: ANI) The Indian rupee’s slide past Rs 90 per US dollar for the first time ever has shifted sentiment...
Rupee rebounds: INR pulls back as RBI support, softer dollar offer relief; currency ends the day at 89.96 per USD
The rupee pulled back from its weakest-ever level on Thursday, ending the day at 89.96 against the US dollar, a gain of...
IMF’s big move: India’s forex framework reclassified; move comes amid rupee weakness
India’s exchange rate framework came under renewed global scrutiny on Wednesday after the International Monetary Fund reclassified the country’s “de facto” regime...
Rupee watch: Currency nears 90 amid RBI caution; data-heavy week to test stability
The Indian rupee could come under further strain this week, with traders watching whether the currency edges closer to 90 per US...
Kotak Mahindra stock split: Bank announces 1:5 share split; aims to boost liquidity- what you need to know
Kotak Mahindra Bank on Friday said its board has approved a sub-division of equity shares in a 1:5 ratio to make the...
