Tag: foreign exchange
Sandiaga Uno: Forex Earnings from Tourism Rise 10-Fold in 2022
TEMPO.CO, Jakarta - Indonesia’s Tourism and Creative Economy Minister Sandiaga Uno said the number of foreign tourists visiting the country has su [...]
India’s Forex Reserves Swell by $2.91 Billion to $564.06 Billion; Jump For Fifth Straight Week
Rising for the fifth consecutive week, India’s forex reserves increased by $2.91 billion to $564.06 billion for the week ended December 9, according t [...]
Forex reserves rise $11.02 billion to $561.162 billion
The country’s foreign exchange reserves rose by $11.02 billion to $561.162 billion in the week ended December 2, the Reserve Bank data showed on Frida [...]
‘India’s forex reserves dropping below $500 bn would force RBI to hike more aggressively’, Auto News, ET Auto
New Delhi: With a fast drawdown of India's forex reserves, some investors are raising the concern that a drop below $500 billion would force the RBI t [...]
forex reserves: Forex reserves pile-up may not keep pace
The sharpest weekly jump in India’s foreign exchange reserves may be a one off event as future pace of increases may not be as sharp despite some easi [...]
Forex shortage: A brief diagnostic review
Our importers and institutions, those that need to remit various fees and surplus earnings outside the country, are facing challenges with fore [...]
foreign exchange reserves: India’s foreign exchange reserves log fastest pace of growth since August 2021 after rising by a whopping $14.72 billion
India's foreign exchange stockpile recorded the biggest ever weekly increase in the period ended November 11, with a record $14.7-billion surge reflec [...]
Many exporters, importers reluctant to hedge forex exposure
Despite the 11.2 per cent fall in the rupee’s value in 2022, a large section of exporters and importers are reluctant to fully hedge their foreign exc [...]
Forex reserves fall $4.5 billion to $528.37 billion
India’s forex reserves dropped by USD 4.50 billion to USD 528.37 billion for the week ended October 14, the RBI said on Friday.
The overall reserves h [...]
Forex Reserves Slump To Over 2-Year Low As RBI Defends Rupee To Below 80
Foreign exchange reserves decline to $564.053 billionIndia's forex reserves slumped to the lowest in over two years, marking the third straight week o [...]
Forex reserves fall $6.7 bn to $564 bn in 7 days, at 2-yr low: RBI
The fall was mainly due to a decline in foreign currency assets, by $5.8 billion, followed by go [...]
foreign exchange: Rising imports from China draining Bhutan’s forex reserves
In the midst of a foreign currency reserves crunch in Bhutan, the country is wary with increasing dependence on China for its imports needs.
Accordin [...]
Forex Reserves Slump By $2 Billion As RBI Sells Dollars To Defend Rupee
Forex reserves fall by over $2 billion, dipping for the second week in a rowIndia's foreign exchange reserves slumped by over $2 billion in the week e [...]