RBI may buy US dollars to shore up forex pile – Economic Times
Economic Times |
RBI may buy US dollars to shore up forex pile
Economic Times "It (RBI) may start recouping it (forex reserves) in tranches and in small lots," said Naveen Raghuvanshi, a senior forex trader at DCB Bank. "That will serve both purposes: building forex reserves and curbing undue volatility in the forex market. Until you get forex reserves to Chinese levels, it is probably not enough … |
