RBI's record Rs 2.7 trillion dividend fueled by US dollar sell...

Dununu.com Dununu

Patrocinado

RBI's record Rs 2.7 trillion dividend fueled by US dollar sell offs and forex gains: SBI

RSS Feed Business

Postado

105

The Reserve Bank of India's record dividend payout to the government, nearly Rs 2.7 trillion, was primarily driven by substantial dollar sales and foreign exchange gains. The RBI actively intervened in the forex market, becoming a major seller of reserves. Increased earnings from rupee securities also contributed, although tempered by falling G-sec yields.

Read Full Article

Faça o login para curtir, compartilhar e comentar!

WFD warns of thunderstorms as rain shifts toward eastern regions

KATHMANDU: The Weather Forecasting Division (WFD) has issued a cautionary alert as the rain...

Por 0 3

Two youths killed, one injured in motorcycle-tractor collision in Saptari

SAPTARI: Two youths were killed and another seriously injured after a motorcycle collided with a...

Por 0 23

NA members to deliberate on federalism in constituencies today and tomorrow

KATHMANDU: All National Assembly (NA) members have set out to their respective constituencies to...

Por 0 31

A new era dawns at Roland Garros: No Nadal, slumping Iga Swiatek

With Rafael Nadal's retirement and Iga Swiatek's struggles, the French Open enters a period of...

Por 0 125

Elon Musk says he's back to spending 24/7 at work after X outage, makes official exit from politics

Por 0 170