RBI likely intervenes via State banks to support rupee, traders say

Traders report central bank action after the rupee hits a new record low of 88.485 amid pressure from increased US visa costs

RBI likely intervenes via State banks to support rupee, traders say
Traders report central bank action after the rupee hits a new record low of 88.485 amid pressure from increased US visa costs

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FEDA-HQ The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.