Tag: india forex reserves

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Posted in Economy

India’s forex reserves fall by $8.09 bn to $688.89 bn as of May 15

India’s foreign exchange reserves fell by $8.09 billion to $688.89 billion in the week ended May 15, according to data released by the Reserve Bank…

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India’s forex reserves jump by $6.295 billion to $696.988 billion

Mumbai, India’s forex reserves jumped by $6.295 billion to $696.988 billion during the week ended May 8, the Reserve Bank said on Friday. The overall…

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India forex reserves drop $7.8 bn; rupee weakens to 94.47 against the dollar
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India forex reserves drop $7.8 bn; rupee weakens to 94.47 against the dollar

Kolkata: India’s foreign exchange reserves declined $7.794 billion in the week ending May 1 to $690.693 billion, according to data released by Reserve Bank of…

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India’s forex reserves fall $4.82 billion to $698.49 billion as of April 24

India’s foreign exchange reserves fell by $4.82 billion to $698.49 billion in the week ended April 24, data released by the Reserve Bank of India…

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India’s forex reserves up $3.83 billion to reclaim $700 bln mark

India’s foreign exchange reserves rose by $3.83 billion in the week ending April 10 to stand at $700.946 million, according to data released by the…

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

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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