Tag: forex
Posted in Economy
RBI sold net $2.54 billion in spot forex market in July, shows monthly bulletin
The Reserve Bank of India (RBI) sold a net of $2.54 billion in the spot foreign exchange market in July, data released on Monday as…
Posted in Economy
RBI renews statement of commitment to FX Global Code
The Reserve Bank on Wednesday said it has signed a renewed statement of commitment to the FX Global Code. The code is a set of…
Posted in Economy
RBI Governor asks CCIL to create infra for currency trades beyond USD-INR
Given the “broader objective” of rupee internationalisation, RBI Governor Sanjay Malhotra on Friday asked CCIL to create infrastructure for facilitate in currency pairs beyond USD…
Posted in Economy
Forex reserves up $4.6 bn to $702.9 bn for week ending September 12
India’s foreign exchange reserves stood at $702.9 billion as on September 12, data released by the RBI on Friday showed. This is an increase of…
Posted in Economy
India’s forex reserves up by $4.03 billion to $698.26 billion in week ending Sept 5
India’s forex reserves were up by $4.03 billion to $698.2 6billion in week ending September 5, according to the data released by the Reserve Bank…