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

Dununu.com Dununu

Sponsored

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

RSS Feed Business

Posted

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

Please log in to like, share and comment!

Varun and Dinesh to do a mytho-horror before Bhediya 2?

Varun Dhawan and Dinesh Vijan are reportedly collaborating on a standalone mythological-horror...

By 0 7

Salman spotted attending a wedding with high security

Salman Khan was spotted attending the nikah ceremony of Ayaz Khan and Zeba in the city, and the...

By 0 7

Palestinian-American author supports killing of Israeli diplomats in DC, says she's surprised it didn't happen sooner

By 0 29

Salman drops unseen pic with Mukul as he mourns the demise

Actor Mukul Dev died in New Delhi at 54. He was ill and in the ICU. Salman Khan mourned his Jai...

By 0 58

Amit reveals why Kishore kept skulls and bones in house

Playback singer Amit Kumar, son of the iconic Kishore Kumar, recently addressed some of the...

By 0 69