11hon MSN
The end of dollar dominance?
This article is authored by Prabhu Dayal, former ambassador, New Delhi.
"It's one of those things that's almost like the old law," Richard Haass told Fortune. "It's fine until the day it's not." ...
The changes, long sought by bank lobbyists, would reduce the capital banks must hold in reserve to mitigate risks.
Even before the conflict broke out, the RBI was already heavily intervening to steady the rupee for months as high US tariffs ...
RBI burns through more than $20bn of foreign exchange reserves this month trying to defend currency, say bankers ...
India’s rupee has fallen to a record low against the US dollar, prompting the Reserve Bank of India (RBI) to ramp up intervention to nearly $100 billion in forward dollar positi ...
India is exploring new strategies to help Russia utilize its increasing rupee reserves from oil trade, according to a senior Reserve Bank of India official.
RBI's net-short dollar book nears $100 billion as it intensifies intervention to stabilize the falling rupee against the dollar.
Despite depreciating, it looks satisfactory on a comparative scale. Being a country with a current account deficit means the rupee should weaken ...
Indian equity markets opened sharply lower on Thursday, with Sensex plunging over 1,900 points and Nifty 50 slipping below ...
BANGKOK (AP) — Shares retreated Thursday in Asia after stocks on Wall Street slumped as oil prices spiked at more than $110 a barrel.
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