Rupee rises 9 paise to close at 83.30 against US dollar post RBI policy decision

[ad_1] The rupee appreciated 9 paise to close at 83.30 (provisional) against the US dollar as the Reserve Bank of India on Friday kept the benchmark interest rate unchanged at 6.5 per cent for the seventh time in a row.Also...

Forex reserves + Rupee

[ad_1] The Reserve Bank of India’s move to absorb most of the Dollar (USD) flows in a bid to prevent a sharp appreciation of the Rupee (INR) has led to a record build up in forex reserves, which stood at...

India-Australia CECA negotiations making progress despite looming Indian elections

[ad_1] Undeterred by the forthcoming Lok Sabha elections, India and Australia are continuing with the negotiations for the proposed Comprehensive Economic Cooperation Agreement (CECA), at least this month, to build on the gains already made and make conclusion easier once...