Finance
Sher ShayarRBI ka dollar ka dhamaka, 11.8 billion ki baat hai yaar!
Bhaiyon aur behno, RBI ne kiya dollar ka dhamaka, 11.8 billion ka maal becha! October ki baat hai, rupee ko sambhalne ki koshish, 88.80 par hai yeh khuda ka asar. Dollar de rahe hain, par khud ki jaan bachane ka chakkar hai, samjho yeh hai RBI ka shayari ka rangmanch! Liquidity aur global bhool-bhulaiya mein hai yeh khel chalu!
few days ago | Anjali Kumari
Quick rundown
1.RBI net sold $11.8 billion in October to stabilize the rupee.
2.Rupee's exchange rate was kept from weakening beyond 88.80 per dollar.
3.RBI's forward market short position rose to $63.6 billion by October's end.
4.Real effective exchange rate (REER) of the rupee was stable at 97.51.
5.RBI's actions aim to maintain rupee's competitiveness in global markets.
