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Economy

No level for rupee in mind, market forces decides forex rate: RBI Governor Sanjay Malhotra

Reserve Bank Governor Sanjay Malhotra on Saturday said that the market forces decide the value of rupee with respect to the US dollar...
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Stocks

RBI purchases bonds via OMO, while managing market sentiments

The Reserve Bank of India (RBI) began its first leg of liquidity infusion with an open market operation (OMO) purchase of Rs 20,000...
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Economy

Indian exporters chasing quick buck stung as rupee slide unravels exotic trades

The lure of quick profits drew some Indian exporters to an exotic option structure when the rupee was rangebound. A handful of them...
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