Several treasury executives told ET that the RBI conducted multiple tranches of short-term ‘sell-buy’ swaps in the foreign exchange market for a cumulative amount of around $8 billion over the last few days. The central bank has not conducted these transactions for such a magnitude for at least three months prior to this, currency market players said.
India’s free trade pacts not paused, all talks progressing as per schedule: Official
India is proceeding with its free trade agreement negotiations with various countries and blocs, including the UK and the EU, according to a government official.
November 17, 2024