Capital inflows and proactive measures by the Reserve Bank of India (RBI) helped limit the Indian rupee's decline in July, even as global crude oil prices surged more than 20 per cent amid escalating geopolitical tensions in West Asia, according to a Bank of Baroda (BoB) research report.
New Delhi [India], August 2 (ANI): Capital inflows and proactive measures by the Reserve Bank of India (RBI) helped limit the Indian rupee's decline in July, even as global crude oil prices surged more than 20 per cent amid escalating geopolitical te... [1991 chars]
Source: The Tribune
Read on original siteQuestions about how this affects your business? Speak with a PJRJ partner.