Unlike most emerging market currencies, the rupee has showed remarkable stability against the dollar, thanks to the RBI#39;s hefty foreign exchange reserves of over $619 billion, which it has used to absorb excess volatility.
Unlike most emerging market currencies, the rupee has showed remarkable stability against the dollar, thanks to the RBI#39;s hefty foreign exchange reserves of over $619 billion, which it has used to absorb excess volatility. Unlike most emerging market currencies, the rupee has showed remarkable stability against the dollar, thanks to the RBI#39;s hefty foreign exchange reserves of over $619 billion, which it has used to absorb excess volatility. Moneycontrol Latest News Read More
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