Loading…
The Reserve Bank of India formed an eight-member task force headed by former Deputy Governor Usha Thorat. It will study the offshore rupee market, its effect on the rupee's exchange rate and domestic liquidity, and possible measures to address it.
Regulatory steps to curb offshore rupee trading could change how the currency is priced and how stable it is. That affects the cost of dollar-denominated feed imports for India.
thehindubusinessline.comOur BureauFeb 28, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
