Rupee Hits Record Lows; RBI Steps In to Safeguard Foreign Exchange Reserves
Mounting External Pressures and Investor Outflows Pose a Challenge to RBI’s Economic Stability Efforts New Delhi: The Reserve Bank of India (RBI) is currently facing an unprecedented economic challenge. The ongoing conflict between Iran and Israel, rising global oil prices, and the sudden withdrawal of billions of dollars by foreign investors have collectively intensified pressure […]
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