India's central bank has introduced measures to curb speculative bets on the rupee, but analysts say fundamental pressures could push the currency toward the 100‑per‑dollar threshold by 2027.
Posts tagged as “foreign exchange”
ICICI Bank reported mobilising about $17.88 billion (₹1.70 lakh crore) through FCNR(B) deposits under the RBI’s special USD‑INR swap facility, with loans and standby credits issued against the funds.