Reserve Bank on Tuesday launched mobile application ‘RBIDATA’ which will provide access to more than 11,000 different series of economic data related to the Indian economy. Photograph: Francis Mascarenhas/Reuters The mobile app offers macroeconomic and financial statistics relating to the
Finance Minister Nirmala Sitharaman on Monday clarified in the Lok Sabha that India’s rising gold reserves, including those held by the Reserve Bank of India (RBI), is not intended to replace any international currency. Photograph: Arnd Wiegmann/Reuters She responded to
Reserve Bank Governor Sanjay Malhotra on Friday said the exchange rate policy has remained consistent over the years and the central bank does not target any ‘specific level or band’ of the rupee, which slipped to an all-time low of
Reserve Bank Governor Sanjay Malhotra on Saturday said that the market forces decide the value of rupee with respect to the US dollar and the central bank is not worried about day-to-day movement of the currency value. Photograph: ANI Photo
