RBI net buyer of dollars for 4th month, scoops up $5.4 b in July
The central bank's intervention in the foreign exchange market is to curb volatility in the currency market.
Sep 10, 2014, 22:22 PM IST
RBI sparks confusion despite $4.1 billion in cash injections
Although the overnight cash rate closed at 8.00/8.05 percent, in line with the repo rate, it fluctuated in a wide 8.00 percent to 8.80 percent range through the session.
Aug 12, 2014, 20:17 PM IST
RBI net buys $597 mn in spot forex market for 3rd month in June
The Reserve Bank became net purchaser of dollars for the third consecutive month in June this fiscal as it bought USD 597 million from the spot market.
Aug 12, 2014, 18:31 PM IST
