Tag: Foreign Exchange Reserves
India’s forex reserves fall $1.2 billion to $719.74 billion as of October 24
India’s foreign exchange reserves declined by $1.2 billion to $719.74 billion in the week ended October 24, according to data released by the Reserve Bank…
India’s forex reserves fall $5 billion to $721.02 billion as of October 16
India’s foreign exchange reserves declined by $5 billion to $721.02 billion in the week ended October 16, according to data released by the Reserve Bank…
SBI Research calls for abolition of LTCG tax on equities to boost foreign capital inflows
New Delhi: The State Bank of India (SBI) Research has called for the abolition of long-term capital gains (LTCG) tax on equities and an extended…
India’s FX reserves fall for fourth week, down $50 billion from September peak
Mumbai: India’s foreign exchange reserves fell for a fourth consecutive week to $734.6 billion, according to a footnote to Reserve Bank of India Governor Sanjay…
India’s forex reserves fall $18.34 billion to $747.56 billion in week ended September 25
India’s foreign exchange reserves fell by $18.34 billion to $747.56 billion in the week ended September 25, driven by a decline in foreign currency assets…
FCNR inflows cushion rupee, BoP; FII flows crucial for sustained external stability: Report
New Delhi [India]: Foreign currency non-resident (FCNR) inflows have provided a significant cushion to the rupee and India’s balance of payments (BoP), but a sustained…
India’s forex reserves fall $14.88 billion to $765.90 billion in week ended September 18
India’s foreign exchange reserves fell by $14.881 billion to $765.901 billion in the week ended September 18, driven largely by a decline in foreign currency…
foreign exchange reserves: Safety most important in managing forex reserves says RBI Deputy Governor Rohit Jain
Mumbai: Safety of foreign exchange reserves is the most important consideration before the Reserve Bank of India (RBI) because reserves are ultimately borrowed funds which…
Special swaps rake in $143.5 billion in forex inflows: FCNR(B) scheme leads with $133 billion
Foreign currency non-resident bank (FCNR-B) deposits mobilised by banks under the special Reserve Bank of India (RBI) window stood at $132.9 billion according to inflows…
India’s forex reserves drop $4.92 billion to $780.78 billion as of September 11
India’s foreign exchange reserves declined by $4.92 billion to $780.78 billion in the week ended September 11, according to data released by the Reserve Bank…