Tag: foreign exchange reserves decline
India’s forex reserves shed $60 billion in six weeks as RBI steps in to support rupee, one of Asia’s worst-performing currencies this year
India’s foreign exchange reserves shaved off about $60 billion in the past six weeks on account of Reserve Bank of India’s aggressive intervention on the…
India’s forex reserves drop by $8.58 billion to $726.03 billion in week ended October 9: RBI
India’s foreign exchange reserves declined by $8.578 billion to $726.027 billion in the week ended October 9, according to data released by the Reserve Bank…
India’s forex reserves fall $18.3 bn as RBI steps in to defend rupee
Kolkata: India’s foreign exchange reserves shaved off $18.343 billion in the week to September 25, making it the third weekly drop in a row after…
RBI withdraws relaxation on export earnings repatriation
Mumbai: The Reserve Bank of India (RBI) has withdrawn a relaxation that would have allowed exporters more time to bring overseas earnings back to the…
India forex reserves drop $7.8 bn; rupee weakens to 94.47 against the dollar
Kolkata: India’s foreign exchange reserves declined $7.794 billion in the week ending May 1 to $690.693 billion, according to data released by Reserve Bank of…