The rupee has has weakened 7.5% so far in the 2022 calendar year, trading close to a record low of 80.0650 hit last month, as aggressive rate hikes by the Federal Reserve sent the dollar rallying and commodity prices soared after Russia invaded Ukraine.”We don’t think this drop in the rupee is going to be sustainable
RBI announces auction sale of Govt. securities of Rs 32,000 crore
The Reserve Bank of India has announced the auction for the sale of Government Securities worth Rs 32,000 crore. The auction is scheduled to take