FOReign EXchange

Economic Times - RBI deputy governor Rakesh Mohan reiterated on Thursday that the central bank actively intervened in the market, which also hurt sentiment in the forex market. Yields on forward contracts dipped on Thursday, with the yield on the one-month

India among the safer emerging markets
Economic Times - India’s forex reserves are high at $270 billion, and rising. The index also fails to consider labour remittances, which have historically proved to be stable inflows that can be depended on even in adverse circumstances. India gets the