Tag: india forex reserves

India’s forex reserves drop $10.3 billion to $688 billion amid currency stabilisation efforts
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India’s forex reserves drop $10.3 billion to $688 billion amid currency stabilisation efforts

Kolkata: India’s foreign exchange reserve has depleted by another $10.288 billion in the week to March 27 as the Reserve Bank of India is said…

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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)…

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Pressure on the rupee has mounted since the Iran war broke out a month ago. (Reuters)
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India forces banks to unwind rupee bets, squeezing short sellers| Business News

India has moved to curb speculative bets against the rupee, taking one of its most forceful steps in over a decade as the cost of…

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India’s forex kitty drops by $11.41 billion to $698.346 billion

India’s foreign exchange reserves fell sharply by USD 11.41 billion to USD 698.34 billion in the week ending March 20, according to data released by…

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India needs a forex reserve buffer of at least $1 trillion for robust intervention capacity, according to former RBI Deputy Governor Michael Patra. (Reuters)
Posted in Business

RBI’s defence of rupee vs dollar is weighing on India’s forex reserves| Business News

The Reserve Bank of India’s recent defence of the rupee vs dollar is weighing on the nation’s foreign exchange reserves, prompting calls from some analysts…

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What’s key to India’s forex defence? Patra suggests it’s $1 trillion buffer

India needs a foreign exchange reserve buffer of at least $1 trillion to ensure it has enough firepower to intervene in currency markets, according to…

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India’s forex reserves fall $11.68 billion to $716.81 billion, biggest drop in over a year

India’s foreign exchange reserves declined sharply in the week ended March 6, dropping to $716.81 billion from $728.49 billion the previous week, according to data…

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India's forex reserves up by $4.88 bn to record high of $728.5 bn for week ending Feb 27
Posted in Economy

India’s forex reserves up by $4.88 bn to record high of $728.5 bn for week ending Feb 27

India’s foreign exchange reserves went up by $4.88 billion to reach record high of $728.5 billion in the week ending February 27, latest data released…

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The rupee opened at 90.76 against the US dollar and then strengthened further to 90.73—up 21 paise from its previous close of 90.94 on Friday. (Reuters)
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Rupee strengthens against US dollar amid Trump tariff tantrums| Business News

The Indian Rupee rose against the US Dollar today, aided by sharp decline in crude oil prices and a weaker greenback due to US President…

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India's forex reserves
Posted in Economy

India’s forex reserves swell by $8.66 bn to hit an all-time high of $725.7 bn

India’s foreign exchange reserves rose by $8.66 billion from a week earlier to hit an all-time high of $725.727 billion in the week ending February…

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