Tag: Foreign Exchange Reserves
India’s forex reserves fall to $652.87 billion, down $1.98 billion as of Dec 13
India’s foreign exchange reserves dipped by $1.98 billion to $652.87 billion as of December 13, according to data shared by the Reserve Bank of India…
Exclude precious metals from FTA ambit: GTRI
India should exclude precious metals from its free trade agreements (FTA) so as to curb speculative imports, safeguard foreign exchange reserves and protect India’s trade…
India’s forex reserves fall by $3.23 bn at $654.86 bn as on Dec 6
India’s foreign exchange reserves declined by $3.23 billion during the week ending December 6, 2024, settling at $654.86 billion, the latest data released by the…
Gold holds up incremental value of forex reserves
The Reserve Bank of India’s gold purchases has helped the central bank to hold up foreign exchange reserves amidst a huge pullout by foreign portfolio…
India’s forex reserves fall to $657.89 billion, down $17.7 billion as of Nov 15
India’s foreign exchange reserves dipped by $17.7 billion to $657.89 billion as of November 15, according to data shared by the Reserve Bank of India…
RBI purchases $9.6 bn in September to curb rupee’s appreciation amid strong foreign investment inflows
Mumbai: The Reserve Bank of India net purchased $9.6 billion in September, its highest monthly purchase in six months, as the central bank absorbed dollar…
RBI defends currency strategy, says interventions aim to shield economy from global risks
India is striving to maintain a stable currency to protect its economy from global spillovers and financial stability risks, the Reserve Bank of India (RBI)…
Indian economy well placed to handle any kind of spillovers from global events: RBI Guv
Kochi: Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said that the Indian economy and financial sector are well placed to handle any…
India’s foreign exchange reserves dip by another $6.477 bn in the week to November 8
India’s foreign exchange reserves dipped by another $6.477 billion in the week to November 8 to $675.653 billion as foreign institutional investors continued offloading their…
India in a sweet spot: Moody’s report highlights robust economic growth momentum amid inflation challenges
India’s economy is in a “sweet spot” from a macroeconomic standpoint, blending strong growth with easing inflation, according to a recent report by Moody’s. The…