India's foreign exchange reserves dipped USD 6.711 billion in the week that ended February 6 to USD 717.064 billion, after having reached a new all-time high in the prior week, according to the Reserve Bank of India's latest data.
The Board in its meeting reviewed the global and domestic economic situation and associated challenges including the impact of current global geopolitical developments. The Board also discussed various areas of operations of the Reserve Bank of India including the functioning of Local Boards
The Reserve Bank of India, in its first monetary policy review meeting in 2023-24, decided to keep the key benchmark interest rate - the repo rate - unchanged at 6.5 per cent, to assess the effects of the policy rate tightening done so far.
Mumbai (Maharashtra) [India], October 29 (ANI): The Central Board of Directors of Reserve Bank of India (RBI) in its 591st meeting reviewed the current domestic and global economic situation and challenges.
New Delhi [India], February 16 (ANI): The Central Board of Directors of Reserve Bank of India (RBI) in a meeting on Tuesday reviewed the current economic situation, global and domestic challenges and various areas of operations of the apex bank.