Tag: indian express
In second consecutive week of decline, India’s forex reserves drop $2.28 billion to $640.33 billion | Business News
India’s forex reserves decreased USD 2.282 billion to USD 640.334 billion for the seven days ended April 19 in the second consecutive week of drop in [...]
Forex reserves rise by $ 2.57 bn despite FPI pullout, maturity of $5bn forex swap reflects in reserves | Business News
NewsBusinessForex reserves rise by $ 2.57 bn despite FPI pullout, maturity of $5bn forex swap reflects in reserves
A $5 bill [...]
Rupee rises 2 paise to 82.61 against US dollar | Business News
NewsBusinessEconomyRupee rises 2 paise to 82.61 against US dollar
Retreating crude oil prices also supported the Indian curr [...]
ED seizes Rs 3.94 cr of Chinese owned tech firm
NewsIndiaED seizes Rs 3.94 cr of Chinese owned tech firm
“The company provides online education in name of Odaclass. ED sear [...]
After $3 billion, Reliance and Jio raise $2 billion forex loan
Barely days after signing a USD 3 billion financing in India’s most widely syndicated loan, Reliance Industries Ltd and its unit Reliance Jio Infocomm [...]
Forex kitty down $15 bn in Feb as RBI steps in to stem rupee fall
The country’s foreign exchange reserves declined by over $15 billion in February as the Reserve Bank intervened in the forex market to stem a fall in [...]
Forex reserves rise for 2nd week in a row
India’s foreign exchange reserves increased by $1.7 billion in the week ended January 20 to $573.7 billion, as per data released by the Reserve Bank o [...]
Forex reserves rise for 2nd week in a row
India’s foreign exchange reserves increased by $1.7 billion in the week ended January 20 to $573.7 billion, as per data released by the Reserve Bank o [...]
Rupee gains 21 paise to 81.15 against US dollar
The rupee opened on a positive note and gained 15 paise to 81.15 against the US dollar in early trade on Friday. Forex traders said the rupee opened s [...]
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 [...]
Forex reserves surge by $14.72 billion
The country’s foreign exchange reserves surged by $14.72 billion in the week ended November 11, the biggest weekly jump in the last 15 months, as the [...]
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 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 [...]
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 [...]
Rupee breaches 81, policy challenge: let it find its value or burn forex, hike rates
As the rupee breached the 81-mark to the US dollar intra-day Friday, policy makers in New Delhi are in a dilemma with the Reserve Bank of India (RBI) [...]