RBI sells net $4.05 bn of US dollars in March in spot market
In the previous month, RBI had bought $10.604 billion of the US currency and sold $1.460 billion in the spot market.
In the previous month, RBI had bought $10.604 billion of the US currency and sold $1.460 billion in the spot market.
The protest movement rocking Lebanon since October 17 revived this week as a deepening economic crisis increases pressure to form a new government.
Lebanon has been swept by a wave of mostly peaceful protests aimed at the country’s elite that prompted Prime Minister Saad al-Hariri to resign on Oct. 29, pushing the country deeper into economic crisis.
Depositors in Lebanon can only withdraw a limited amount of money weekly, ranging from $200 to 500.
Forex traders said the American currency lost some ground against major currencies overseas, while on the domestic front, the equity market staged a recovery and propped up the rupee.
Forex traders said the dollar strengthening against major global currencies overseas and fall in domestic equities dragged down the local unit, while falling crude oil prices capped rupee's losses
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