RBI achieves these objectives by buying USD when the US Dollar is weaker and selling them when they are stronger. Between May 2020 and September 2021, when the USD was weakening, RBI bought around $158 billion in spot and onshore forwards.
Technical picks: Deepak Nitrite, IRCTC among 7 stocks to buy in short term for robust returns
Deepak Nitrite, IRCTC, HUDCO, City Union Bank, IRFC, Divis Lab, and NMDC are top short-term stock picks based on breakout patterns and bullish indicators. Analysts