RBI Net Sold 9.71 Billion in November Amid Rupee Volatility
According to the central bank’s monthly bulletin, the Reserve Bank of India (RBI) net sold $9.71 billion in November compared to $11.88 billion in October amid increased volatility in the Indian rupee. RBI Forex Operations in November According to the data, the central bank sold $24.06 billion and bought $14.35 billion. The Indian rupee’s value … Read more