At the interbank foreign exchange, the rupee opened at 84.26 against the greenback, registering a rise of 5 paise over its previous close.
Sensex and Nifty50 opened lower as investors focus on the upcoming Federal Reserve rate decision after Trump's presidential win.
A key change involves major amendments to the Master Direction - Know Your Customer (KYC) Direction, 2016. The Master Direction - KYC Direction, 2016, issued by the RBI, serves to regulate and ...
Traders expect the Reserve Bank of India to continue intervening to prevent sharp moves in the rupee, which is evident in the currency’s muted implied volatility compared to its regional peers.
According to the RBI's latest report on foreign exchange reserves, as of the end of September, the central bank holds 855 tonnes of gold, with 510.5 tonnes now stored domestically ...