© Reuters. The Reserve Bank of India (RBI) is facing challenges in managing the volatility of the rupee due to a continuous decline in forex reserves, which fell by $2.36 billion to $583.53 billion for the week ending October 20th. This decrease occurred despite a $1.15 billion increase in the preceding week, and follows a
Japanese banks have sufficient capital bases to perform financial intermediation activities appropriately even amid tightening of global financial conditions However, vigilance against tail risks continues to be warranted Continued monetary tightening and economic slowdowns could prolong the period of stress These days, financial system reports are mainly just for show. They’re just meant to say