RBI burns through more than $20bn of foreign exchange reserves this month trying to defend currency, say bankers India’s central bank is battling to prop up the rupee and keep down government borrowing costs, as the fallout from the US-Israeli war against Iran threatens to hit the world’s fastest-growing major economy. Since the start of the conflict nearly thr... [5398 chars]
2026 Copyright © News-Matic.com. All Rights Reserved
