Peta rbi download3/8/2024 ![]() ![]() Dollar purchases by state-owned banks, likely on behalf of the RBI, counterbalanced the impact of foreign fund inflows, demonstrating how central banks can wield their influence to stabilize the currency market. The Role of Central BanksĬentral banks’ policy decisions, including potential interventions by the Reserve Bank of India, play a significant role in currency dynamics. ![]() 9, reflecting the complex interplay of currency dynamics with investment decisions. Foreign investors sold $64.6 million worth of Indian shares but bought a net $173.4 million worth of Indian bonds on Jan. They influence the costs of imports and exports, direct the flow of investments, and shape the overall economic scenario. Changes in the Rupee-to-Dollar exchange rate have far-reaching effects on the broader economic landscape. ![]()
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