Tag: Foreign Exchange Reserves
India’s current account deficit widens in third quarter
India’s current account deficit widened to $13.2 billion or 1.3% of the country’s gross domestic product in the third quarter from $11.3 billion or 1.1%…
Goldilocks Grows Up: India breaks into 7% growth era, says Economic Survey
Goldilocks has come of age, says the Economic Survey. India’s Goldilocks economy — defined as one with rapid GDP growth and low inflation — has…
India’s forex reserves up by $14.17 billion to $701.36 billion as of January 16
India’s foreign exchange reserves surged to $701.36 billion in the week ended January 16, 2026, according to data released by the Reserve Bank of India…
India’s forex reserves rise by $3.29 billion to $696.61 billion as of December 26, 2025
India’s foreign exchange reserves increased by $3.29 billion to $696.61 billion in the week ended December 26, 2025, according to the Reserve Bank of India’s…
India’s forex reserves rise by $4.36 billion to $693.32 billion as of December 19
India’s forex reserves were up by $4.36 billion to $693.32 billion for the week ending December 19, according to data released by the Reserve Bank…
RBI does not target any band for rupee, allows it to find its own level: Guv Malhotra
Mumbai: Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any band for the rupee in the forex market, and…
Budget 2026: Weak forex position, volatile rupee to shape strategy
As Finance Minister Nirmala Sitharaman prepares to present the Union Budget for FY27, the government’s ninth consecutive budget under the Modi administration, key macroeconomic indicators…
India’s current account gap narrows in Q2 on higher services exports, remittances
India’s current account deficit eased to $12.3 billion, or 1.3% of GDP, in the July-September quarter from $20.8 billion a year earlier, mainly due to…
India’s forex reserves decline by $4.47 billion to $688.10 billion as of November 21
India’s foreign exchange reserves declined by USD 4.47 billion to reach USD 688.10 billion for the week ending November 21, the Reserve Bank of India…
RBI does not target rupee level; depreciation driven by dollar demand, says Governor Malhotra
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Thursday clarified that the central bank does not aim for any specific level of the rupee,…