[MUMBAI, India] — Gold price today is holding near record-high territory in the domestic market after a strong rebound in international bullion prices, with the MCX gold rate today around ₹1,62,500 per 10 gm. Analysts cited in the supplied material point to central-bank buying, renewed gold ETF flows, concerns over US fiscal conditions and changing expectations around Federal Reserve policy as key factors supporting the rally.
टैग: Indian Rupee
RBI Rupee Intervention: Limits and Long-Term Fixes
NEW DELHI, India — The Reserve Bank of India’s intervention in the foreign exchange market can help contain sharp swings in the rupee, but sustained currency stability ultimately depends on deeper economic factors such as the trade balance, export competitiveness, energy dependence and the nature of foreign capital flows.