Language Description | Forex Reserve & rupee’s exchange rate: What are they and how do they relate?

ExplainSpeaking-Economy is a weekly newsletter by Udit Misra, delivered in your inbox every Monday morning. Click here to sign up Dear reader, In the last two years, and more so in the last two months, you have read or heard frequent quotes from the Indian treasury (short for exchange rates. Foreign countries) and the value … Read more

The RBI sets up a system to regulate trading in rupees

‘The move may help trade with countries under international sanctions’; ‘could add strength to the rupee in forex trading’ ‘The move may help trade with countries under international sanctions’; ‘could add strength to the rupee in forex trading’ The Reserve Bank of India (RBI) has launched a move to restructure the global exchange rate in … Read more