In January, the RBI had net purchased $1.9 billion in the spot market, the central bank’s April 2023 Bulletin showed. In February, the RBI did not sell US dollars in the currency market.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays