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

Dununu.com Dununu

Patrocinados

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

RSS Feed Business

Posted

92

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!

Has Raghav Juyal joined SRK's 'King'?

Raghav Juyal and Saurabh Shukla have joined Shah Rukh Khan and Suhana Khan’s film 'King' in...

By 0 0

After emergency talks, Yunus to stay on as B'desh interim chief: Report

Amidst political turmoil and military pressure, Bangladesh's interim chief Muhammad Yunus will...

By 0 15

JIPMAT 2025 result declared: 12,939 candidates can download scorecards at exams.nta.ac.in

By 0 13

Shubman Gill: A generational talent to lead India's NextGen in Test cricket

The sudden Test retirements of Virat Kohli and Rohit Sharma left a big leadership vacuum in the...

By 0 16

Home Minister promises to speak soon on ‘visit visa’ scandal

KATHMANDU: Home Minister Ramesh Lekhak has said that the Ministry of Home Affairs will soon issue...

By 0 27