Tag: foreign portfolio investors
Rupee posts largest weekly rise in more than 2 years on inflows
The Indian rupee posted its best day against the dollar in more than a month on the back of dollar inflows and an unwinding of speculative long-dollar [...]
Forex reserves drop by record $18 billion in a week
MUMBAI: Foreign exchange reserves fell by nearly $18 billion in the week ending Nov 15-the sharpest fall on record-as global investors continued pul [...]
India’s forex kitty falls $2.6 billion to $682 billion as of November 1
Mumbai: Reserve Bank Of India's (RBI) foreign exchange reserves fell by $2.6 billion to $682.1 billion for the week ended November 1, latest central b [...]
RBI injects funds to rein in bank funding costs amid forex outflows
Mumbai: The Reserve Bank of India's move on Friday to inject funds into the banking system despite the prevalence of a headline liquidity surplus refl [...]
Monetary policy: SPDs can offer all foreign exchange trade facilities
The move will expand commercial business opportunities for foreign primary dealers, which alread [...]
Explained: Why has the forex kitty dipped $44.73 billion in 8 months?
Eight months after hitting a record high of $642.45 billion in September 2021, India’s foreign exchange reserves have now fallen below the $600 billio [...]
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