[ad_1] After increasing over the past few weeks, the country’s foreign exchange reserves decreased from $ 113 million to $ 479.45 billion in the week to April 24, due to a drop in foreign currency assets, according to the latest data from the Bank of the Reserve of India. In …
Read More »RBI recovers “Operation Twist” bond exchange program
[ad_1] The Reserve Bank of India decided on Thursday to recapture its bond swap program scheduled as Operation India’s Twist with the aim of aiding monetary transmission. The RBI said it will carry out the buying and selling of government securities in open market operations (OMOs) for Rs10,000 crore each …
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