Tag: Forex reserves
Forex reserves breaks 7-week rising streak, stand at $701 bn as...
The RBI had intervened in both the non-deliverable forwards and local spot forex market to help the rupee stay above the psychologically important...
BofA expects India’s forex reserves to reach $745 billion in March...
2 min read Last Updated : Oct 04 2024 | 3:37 PM IST
By Subhadip Sircar
India’s foreign-exchange reserves will likely rise to $745...
Forex reserves rise for 5th week, hit record high of $689.46...
The domestic currency settled at 83.5625 on Friday, and gained nearly 0.4% week-on-week, its strongest weekly rise this year.1 min read Last...
India’s forex exchange reserves expanded by $66 bn in 2024, at...
1 min read Last Updated : Sep 20 2024 | 11:56 AM IST
India's foreign exchange reserves expanded by $66 billion in 2024,...
Forex reserves jump $2.3 billion to fresh record of $683.9 billion...
India's reserve position with the IMF was down by $58 million to $4.622 billion in the reporting week, the apex bank data showed.1...
Forex reserves rise by $7 billion to hit record high of...
India's reserve position with the IMF was up by $30 million to $4.68 billion in the reporting week, the apex bank data showed....
India’s forex reserves jump by $4.54 bn to $674.66 bn as...
1 min read Last Updated : Aug 23 2024 | 5:51 PM IST
India's forex reserves jumped by USD 4.546 billion to USD...
RBI expected to step up intervention if the rupee touches 84...
The rupee’s lower volatility highlights India’s economic and financial stability, RBI Governor Shaktikanta Das said. Image: Bloomberg2 min read Last Updated :...
Forex reserves decline by $3.47 bn to $667.386 bn, shows RBI...
That may have led the RBI to sell dollars in the spot and non-deliverable forwards market to support the local currency, Reuters reported.2...