Fri, Dec 27, 2024
The reserves have been declining likely due to RBI intervention aimed at aggressively preventing a sharp depreciation of the Rupee. A substantial foreign exchange reserve buffer also helps shield domestic economic activity from global shocks.
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Merchandise trade deficit increased to USD 75.3 billion in the second quarter of 2024-25 from USD 64.5 billion in the comparable period of 2023-24, as per the RBI's data on Balance of Payments.
Tue, Oct 22, 2024
It can be noted that a few weeks ago, RBI had flagged certain irregular practices in loan against gold jewellery and asked lenders to comprehensively review their policies, processes and practices to identify gaps and initiate remedial measures in a time-bound manner.
Mon, Oct 21, 2024
Making it clear that the paper does not represent the views of the central bank, the study on monetary policy transmission found that monetary policy changes affect short-term interest rates more than long-term rates.
Fri, Sep 06, 2024
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
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