RBI’s $149B Forex Crackdown Shields Rupee from Speculators
RBI’s $149B Forex Crackdown Shields Rupee from Speculators at a time when global financial markets are witnessing heightened volatility and aggressive currency trading. In a decisive move, the Reserve Bank of India (RBI) has deployed nearly $149 billion from its foreign exchange reserves to defend the rupee against speculative attacks, signaling strong intent to maintain … Read more