Tag: Foreign Exchange Reserves
RBI cuts FX swap window short after NRI deposits cross $50 billion
Mumbai: Strong inflows from a foreign deposit drive prompted the Indian central bank to cut short a zero-cost FX swap facility for banks, with policymakers…
Forex reserves soar to $707 billion, highest so far in current fiscal
Mumbai: India’s foreign exchange reserves rose $14.1 billion to $707 billion in the week ended August 7, the highest total reserves in this fiscal year….
RBI shortens FCNR (B) deposit swap window to Aug 31
Reserve Bank of India (RBI) has shortened the swap facility window for foreign currency non-resident (bank) or FCNR (B) deposits by a month to August…
India’s forex reserves jump $10.5 billion to over two-month high of $692.87 billion as of July 31
India’s foreign exchange reserves surged by $10.51 billion to $692.87 billion in the week ended July 31, pushing the country’s reserves to their highest level…
RBI’s FCNR, forex schemes draw $40.81 billion in inflows so far
MUMBAI: Steps by India’s central bank to draw more capital flows into the country and support the rupee have brought in $40.81 billion, according to…
India’s forex reserves rise by $6.1 billion to $682.35 billion as of July 24
India’s foreign exchange reserves increased by $6.1 billion to $682.35 billion in the week ended July 24, according to data released by the Reserve Bank…
Forex reserves up by $1 billion to $676 billion
Mumbai: Indias foreign exchange reserves increased $1 billion to $676 billion in the week ended July 16. Foreign currency assets increased $4.5 billion to $551…
India’s forex reserves rise $7.26 billion to $674.19 billion in week ended July 3
India’s foreign exchange reserves increased by $7.26 billion to $674.19 billion in the week ended July 3, 2026, according to data released by the Reserve…
India’s external debt rises to $762.8 billion in FY26, debt-to-GDP ratio climbs
Mumbai: India’s external debt was at $762.8 billion at the end of March 2026 up $26.3 billion from a year ago. As a result, the…
India’s forex reserves up by $963 million to $672.58 billion as of June 19
India’s foreign exchange reserves increased by $963 million to $671.63 billion in the week ended June 19, 2026, according to data released by the Reserve…