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This means that for every US Dollar you exchange, ruees a delayed settlement until the following week, as forex markets are closed on weekends.
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This means that for every US Dollar you exchange, ruees a delayed settlement until the following week, as forex markets are closed on weekends.
The muted price action in the spot market reveals the extent of the RBI's control on the currency - for the last eight sessions, the rupee's intraday trading range has been under three paisa. Lower inflation can lead to a stronger currency, while higher inflation can devalue it. Canara Robeco Infrastructure Direct-Growth. Send money home with security designed to keep your transfers protected. Nifty 24,