Outgoing Reserve Bank of India (RBI) governor Raghuram Rajan is credited for his fresh approach towards the monetary policy and the changes he brought. But as far as foreign exchange is concerned, he seems to have taken a leaf out of former governor Y.V. Reddy’s book.
The RBI has raised its forex interventions under Rajan even as uncertainty in global currency markets mounted.
Between September 2013 and June 2016, the RBI was a net buyer of an aggregate $87 billion. This rivals with the...
RBI raised forex interventions under Raghuram Rajan
The RBI has raised its forex interventions under Rajan even as uncertainty in global currency markets mounted.
Between September 2013 and June 2016, the RBI was a net buyer of an aggregate $87 billion. This rivals with the...
RBI raised forex interventions under Raghuram Rajan