Role of rbi in regulating foreign exchange market
Answers
Answered by
1
Role of RBI in Foreign Exchange Markets in India. Post independence, India's exchange rate was fixed by the RBI against pound sterling, under the fixed or pegged exchange rate mechanism. ... Under LERMS there was a 'dual exchange rate', one officially decided by the RBI and the other through market forces.
Hope it helps
Mark as brainliest
Hope it helps
Mark as brainliest
Similar questions