Tag: Foreign Exchange Reserves
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,…
India’s forex reserves fall by $2.7 billion to $687.73 billion as of November 7
India’s foreign exchange reserves fell by $2.7 billion to $687.73 billion in the week ended November 7, 2025, the Reserve Bank of India (RBI) said…
CII urges govt to establish India Development and Strategic Fund to finance growth
Industry lobby CII on Sunday urged the government to establish a professionally managed India Development and Strategic Fund to finance the country’s long-term growth, resilience,…
India’s forex reserves fall by $6.92 billion to $695.36 billion for week ending Oct 24
India’s foreign exchange reserves fell by $6.92 billion to $695.36 billion for the week ending October 24, the Reserve Bank of India (RBI) said on…
RBI’s forex strategy yields better results than IMF approach, says deputy governor Poonam Gupta
The Reserve Bank of India’s (RBI) currency management policy of building up foreign exchange reserves and intervening in the currency market to smoothen volatility may…
Global central banks cut US T-bill exposure, increase gold reserves
Mumbai: Most countries with top gold reserves have reduced their dollar assets held in US Treasury bills since 2017, the first time Donald Trump took…
India’s forex reserves fall by $2.18 billion to $697.78 billion as of October 10, 2025
India’s foreign exchange reserves stood at $697.78 billion, down by $2.18 billion, as on October 10, according to data released by the Reserve Bank of…
India’s forex reserves down $2.3 billion to $700.24 billion for week ending September 26
India‘s foreign exchange reserves stood at $700.24 billion as on September 26, data released by the RBI on Friday showed. For the previous week, India’s…
India’s forex reserves up by $3.51 billion to $694.2 billion in week ending August 29
India’s forex reserves were up by $3.51 billion to $694.2 billion in week ending August 29, according to data released by the Reserve Bank of…