Tag: forex reserve india
Forex reserves decline by $4.5 bn
The country’s foreign exchange reserves declined by $4.5 billion to $528.36 billion in the week ended October 14, RBI data showed.
In the previous wee [...]
‘You buy umbrella to use it when it rains’: Das on using forex reserves to tackle Re volatility
Amid the rupee falling against the US dollar, RBI Governor Shaktikanta Das on Friday said “you buy an umbrella to use it when it rains!’, indicating t [...]
India’s foreign exchange reserves drop for the primary time after hitting life-time excessive, now $505.566 billion
Between April 24 and June 12, foreign exchange reserves had grown by USD 28.189 billion.India’s overseas trade reserves retreated from a life-time [...]
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