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.
Shakti Pumps shares surge 5% on bagging Rs 114 cr work order from Maharashtra Energy Department Agency
Shakti Pumps (India) shares experienced a surge of 4.6% following the announcement of a significant order worth Rs 114.58 crore from the Maharashtra Energy Department