Finance
ComedianRBI ka rupee ki kahani: kya hoga agla scene, bhai?
Arre bhai, RBI ka kya scene hai? Rupee record low pe aa gaya hai, 91.74 tak slide ho gaya! Lagta hai jaise rupee ne bhi ‘dil se’ keh diya, "Chalo bhai, thoda chill maarte hain!" Agle saal tak 94 tak jaane ki baatein ho rahi hain. RBI ne $45 billion kharch kiya hai, par ab passive ho gaya hai. Toh sochiye zara, kya chal raha hai!
few days ago | Bloomberg
Quick rundown
1.RBI focuses on moderating rupee's depreciation pace.
2.Rupee hits record lows against the dollar.
3.Barclays predicts rupee at 94 to a dollar by year-end.
4.Foreign outflows and trade delays impact rupee.
5.RBI holds $687 billion in reserves for intervention.
