the cost of dollar reserves to save the rupee; Last July sales hit $19 billion, highest since March

rbi net sold 19 billion dollars in forex market

Mumbai It is seen that in the month of July, about US $ 19.05 billion was spent by the Reserve Bank to check the depreciation of the rupee. Currencies in various countries have come under pressure due to global adversity and the rupee has depreciated 6.8 per cent against the dollar so far this year. … Read more