Tag: indian rupee
India’s April-June balance of payments records $8.1 billion deficit, June turns surplus
BENGALURU: India’s balance of payments recorded a deficit of $8.1 billion in the April-June quarter, compared with a surplus of $4.5 billion a year earlier,…
The RBI is emerging as an Asian rate outlier. Five charts show why
India’s central bank is emerging as one of Asia’s monetary policy holdouts, confident the latest oil shock won’t derail economic growth or fuel the kind…
$100 bn in sight: India is rolling in dollars but what about the rupee?
Two months after the Reserve Bank of India (RBI) unveiled a package of measures to attract foreign currency, the numbers are beginning to look extraordinary….
India’s forex reserves up by $963 million to $672.58 billion as of June 19
India’s foreign exchange reserves increased by $963 million to $671.63 billion in the week ended June 19, 2026, according to data released by the Reserve…
Government announces tax exemption for FII investments in G-secs: All you need to know
In the last few months, the Indian Rupee has been hitting new lows regularly. Yields on the Government securities (G-secs) have been climbing. Foreign Institutional…
Rupee rises 50 paise to 95.24 against US dollar after RBI policy move
The Indian rupee became stronger by 50 paise and reached 95.24 against the US dollar on Friday after the Reserve Bank of India (RBI) announced…
Will RBI hike rates or keep them unchanged? How Indian markets may react
The Reserve Bank of India’s policy decision is expected on Friday and economists are divided over whether the central bank will hike rates or keep…
RBI likely to hold rates as West Asia crisis impact on growth remains unclear: Bank of Baroda Report
Mumbai: The Reserve Bank of India (RBI) is likely to maintain the status quo on interest rates in its monetary policy announcement on Friday as…
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…
India’s forex reserves up by $9.06 billion to $697.12 billion in week ending April 3
India’s foreign exchange reserves rose by $9.06 billion in the week ending April 3 to stand at $697.12 billion, according to data released by the…