The intervention followed verbal support over ... brokerages and social security funds into the market, and encourage more buy-backs as a way to attract fresh capital and maintain market stability.
Intervention might be considered if there were signs of a serious near-term market breakdown (e.g., extreme price volatility with buyers or sellers increasingly unwilling to transact), indicating a ...
Japan used around 5 trillion yen ($31.7 billion) for a suspected intervention on April 29 that prevented the yen from sliding further into 160-yen territory, according to an estimate by market ...
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. India’s central bank must avoid ...
India’s central bank must avoid excessive intervention in the foreign exchange market and allow companies to adjust to volatility, according to a former central bank chief. “If the Reserve ...
The RBI will continue its currency market intervention strategy to manage excessive volatility and maintain macro-economic stability. The rupee hit a new low of 86.63 against the dollar amid ...