The RBI’s average daily gross interventions in the foreign exchange market in the previous financial year were 85% higher than the previous year as the rupee battled extraordinary global headwinds. The latest data show that on a gross basis, the RBI sold $212.57 billion and bought $187.05 billion in the previous financial year.
Gold is even worse! What value investor S Naren has to say on most popular asset class
ICICI Prudential AMC’s CIO, S Naren, advises caution on gold investments, despite its current popularity, citing unattractive value compared to two years prior. He highlights
May 17, 2025