Rupee turns flat at 83.43 in opposition to US greenback in early commerce

The rupee traded on a flat word at 83.43 in opposition to the US greenback in early commerce on Thursday amid a powerful dollar after the American central financial institution determined to maintain rate of interest unchanged. Foreign exchange merchants stated that an upward motion within the crude oil costs additionally pressured the Indian forex. … Read more

Banking channels used for unauthorised FX buying and selling platforms: RBI Governor Das

Reserve Financial institution of India Governor Shaktikanta Das | Photograph Credit score: SHASHANK PARADE Continued use of banking channels by sure individuals or entities to fund actions on unauthorised overseas trade buying and selling platforms warrants enhanced vigilance by the banks, in line with RBI Governor Shaktikanta Das. The Governor, in his handle on the … Read more