While the RBI acquired dollars in the spot market, its outstanding net forward purchases of the dollar reduced in February, implying that the central bank took advance delivery of its forward positions, analysts said.
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500