Finance
Sher ShayarRBI ki Forex Kahani: Temporary Tadka, Permanent Nahi!
Arre suno, RBI ke governor Sanjay Malhotra keh rahe hain, forex ki duniya mein kuch choti-moti rukawat hain, par yeh koi lambi kahani nahi! Rupee ki halat thodi upar neeche hoti hai, par bhai, yeh temporary hai, permanent nahi! Samay ke saath badalna padta hai, aur RBI ka yeh khel hai, ek shayari ki tarah, jo har pal nayi kahani sunata hai!
few days ago | Anjali Kumari
Quick rundown
1.RBI's forex measures are temporary and aim to control volatility.
2.The rupee has appreciated 2.4% since the new forex measures.
3.Banks must comply with a $100 million forex position limit by April 10.
4.A ceasefire between the US and Iran helped the rupee appreciate.
5.Bond yields declined due to easing geopolitical tensions.
