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RBI targets rupee forwards as cash hinders spot intervention
Reserve Bank of India (RBI) bought $8 billion of foreign currency in the forwards market in March, as the rupee capped its best first-quarter performance in four decades
2 min read17 May 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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