Sunday, April 2, 2023

FPI

RBI liberalises norms to boost forex inflows

Reserve Bank of India (RBI) on Wednesday further liberalised norms to boost inflows of foreign exchange, including doubling the borrowing limit under the ECB route, amid the rupee falling against the US dollar.In a statement, the central bank said...

Rising crude oil prices to subdue rupee

Rising crude oil prices along with foreign fund outflows are likely to weaken the Indian rupee against the US dollar in the near term.Besides, the Reserve Bank of India’s upcoming monetary policy review will also have a bearing on...