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RBI Governor says, 50 bps rate hike is the new normal across the world

The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said 50 basis points or 0.50 per cent hike in policy rates has become a new normal for the ce

India s forex reserves dip by $7 54 billion as RBI sells dollars to defend rupee

India foreign exchange (forex) reserves slumped by $7.541 billion to $572.712 billion for the week ended July 15, the lowest level in 20 months, as the Reserv

US dollar strengthened much more against other currencies versus Indian rupee

The extent of fall in the value of the Indian rupee versus the US dollar has been lower in 2022 as compared to other major currencies. The US dollar index again

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