Tag: forex
RBI includes spot deals to expand forex reporting requirements
The Reserve Bank on Friday said it has decided to expand the reporting requirement of forex transactions and include foreign exchange spot deals to ensure…
India’s forex reserves fall to $684.8 billion, down $3.4 billion as of October 25
India’s foreign exchange reserves saw a decline by dipping by $3.4 billion to $684.8 billion as of October 25, according to data shared by the…
RBI report shows India’s forex reserves cover stands at 11.2 months of imports
The Reserve Bank of India (RBI) in its latest report stated that the country’s foreign exchange reserves cover of imports (on balance of payments basis)…
India’s forex reserves fall by $2 billion to $688 billion
India’s foreign exchange reserves have experienced a decline for the third consecutive week, dipping by $2 billion to stand at $688 billion as of October…
India’s forex reserves hit a fresh high of $689.46 billion
India’s forex reserves jumped by $223 million to hit a fresh all-time high of $689.46 billion for the week ended September 13, the Reserve Bank…
India’s forex reserves drop by $4.8 billion to $670.11 billion
Aug 16, 2024 07:23 PM IST India’s forex reserves fell by $4.8 billion to $670.119 billion for the week ended on August 9 India’s forex…
India’s forex reserves come off record highs, fall to $667.39 billion as on July 26
After jumping to record-high, India’s forex reserves dipped by $3.47 billion to $667.39 billion for the week ending on July 26, data shared by the…
RBI’s gold reserve up over 40% in five years
The Reserve Bank of India’s gold reserves is up more than 40 percent since it resumed purchase of the yellow metal over five years ago,…
forex: India’s forex reserves rise $4.532 billion to $588.780 billion
India‘s foreign exchange reserves increased by $4.53 billion to $588.78 billion on a weekly basis as of April 28, 2023, according to the Reserve Bank…
forex: India’s forex reserves rise $1.65 billion to $586.41 billion
India’s forex reserves rose $1.65 billion to $586.41 billion for the week ended April 14, data shared by the Reserve Bank of India stated on…