Browsing: RBI

India has inflation that is under 6%. The nation is still expanding quickly in spite of the global downturn. A portion of it can be linked to India’s unwavering stance on buying Russian fuel at subsidised prices during the conflict between Russia and Ukraine. However, the regulator’s alleged overindulgence in currency is one matter that has drawn the IMF’s notice. The Reserve Bank of India, or RBI, is thought by the International Monetary Fund to be meddling in the foreign exchange market more than is necessary. The Central Bank of India has refuted these accusations, asserting that all actions are…