Tag: RBI foreign exchange reserves
Posted in Economy
Indian banks raise over $136 bn via RBI forex swap, FCNR(B) deposits dominate inflows
India’s banking system attracted $136.38 billion in foreign currency inflows through the Reserve Bank of India’s special dollar-rupee swap facility by August 31, with foreign…
Posted in Economy
India considering emergency measures to save foreign exchange
India is considering emergency steps to shore up foreign-exchange reserves, including curbing non-essential imports like gold and electronic goods, and hiking fuel prices, to help…
Posted in Economy
India’s forex reserves fall to $699.96 billion for week ending October 3
India’s foreign exchange reserves stood at $699.96 billion as on October 3, data released by the RBI on Friday showed. For the previous week, foreign…