Tag: forex reserves
India considering steps to control CAD amid Rupee, export pressure: Piyush Goyal
New Delhi: India is considering several measures to rein inthe current account deficit,commerce and industry minister Piyush Goyal said Thursday, as a slide in the…
Current account deficit to widen to 2.3 per cent of GDP in FY27 from 0.9 pc in FY26: Report
Mumbai: India’s current account deficit is set to widen to 2.3 per cent of GDP in FY27 from 0.9 per cent in FY26, a foreign…
Sensex falls 1,313 points today, investors lose ₹6.4 lakh crore | Top 5 reasons behind sharp fall
Stock markets extended their losing streak for a third straight session on Monday, with the benchmark Sensex plunging 1,313 points as rising crude oil prices…
Forex reserves fall by $7.79 billion to $690.69 billion: RBI data
India’s foreign exchange reserves fell by USD 7.794 billion to USD 690.693 billion in the week ended May 1, the Reserve Bank of India said…
Forex reserves rise to $703 billion; rupee slips 14 paise
Mumbai: India’s foreign exchange reserves rose by $2.3 billion to $703 billion in the week ended April 17, mainly due to an increase in foreign…
Forex reserves drop by $10.29 billion to $688.06 billion as of March 27
Mumbai, India’s forex reserves dropped by USD 10.288 billion to USD 688.058 billion during the week ended March 27, the Reserve Bank of India (RBI)…
RBI should use forex reserves to prop up rupee: SBI report
New Delhi, The Reserve Bank should use foreign exchange reserves to prop up the rupee hit by the ongoing West Asia crisis, suggested a research…
Economy on firm footing, rupee doing fine compared to Asian peers: FM Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman on Monday said the rupee is “doing fine” when compared with the relative performance of other emerging market currencies…
Forex reserves decline by $12 billion as volatility hits asset valuations
MUMBAI: India’s foreign exchange reserves fell sharply in the week ended March 6, reflecting increased currency market volatility and valuation changes amid global geopolitical tensions….
India’s forex reserves drop by $2.11 bn to $723.608 bn for week ending Feb 20
India’s foreign exchange reserves dropped by $$2.11 billion to reach $723.608 billion in the week ending February 20, latest data released by the Reserve Bank…