Improvement in supplies of dollar has led to an increase of $2.9 billion in Foreign Exchange Reserves during the week ended on 6 February’09. The WSS (Weekly Statistical Supplement) released by RBI (Reserve Bank of [...]
Forex
With the Indian Rupee breaching the Rs 52 mark for the first time against the US dollar, forex dealers are experiencing huge sales from Indians who are encashing dollar notes available with them to make [...]
A member of Reserve Bank’s 2006 convertibility Board, AV Rajwade said on Wednesday that the apex bank should go for selling of more dollar reserves and have government bonds. This will help in improving the [...]
