Maroc - Times of India - Business - 17/Jan 23:45

Forex intervention gains outweigh costs: RBI study

RBI's recent bulletin emphasizes the importance of foreign exchange interventions for emerging markets like India. These actions help stabilize capital flow volatility, with RBI moderating currency swings through both purchases and sales. This strategy aims to manage volatility and prevent financial risks, as highlighted by Michael Patra and co-authors.