Tag: RBI

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RBI Expands Digital Rupee Pilots, UPI Leads Global Real-Time Payments

RBI Expands Digital Rupee Pilots, UPI Leads Global Real-Time Payments

The Reserve Bank of India (RBI) is set to broaden the reach of its digital rupee pilots by introducing new use cases and features for both its retail [...]
India’s forex reserves rise $4.6 billion, hit 7-month high at $690.6 billion: RBI

India’s forex reserves rise $4.6 billion, hit 7-month high at $690.6 billion: RBI

India's central bank, the Reserve Bank of India (RBI), data released on Friday, 16 May, showed that the nation's total foreign exchange (forex) reserv [...]
India’s forex reserves fell USD 2.06 billion after extending gains for eighth straight week

India’s forex reserves fell USD 2.06 billion after extending gains for eighth straight week

New Delhi [India], May 10 (ANI): India's foreign exchange reserves (Forex) fell USD 2.06 billion to USD 686.06 billion in the week that ended on May 2 [...]
RBI forex income expected to rise, lift payout to government

RBI forex income expected to rise, lift payout to government

The Reserve Bank of India likely earned a higher income from the deployment of foreign exchange reserves in FY25 compared with the previous year, sugg [...]
India’s Forex Reserves Rise By USD 1.98 Billion To USD 688.13 Billion In April 25 Week, Says RBI

India’s Forex Reserves Rise By USD 1.98 Billion To USD 688.13 Billion In April 25 Week, Says RBI

Despite the recovery in reserves, the Indian Rupee remains at or near its all-time low against the US dollar. The RBI continues to intervene in the fo [...]
India’s forex reserves climb for 8th straight week, rise by USD 1.98 billion to USD 688.13 billion

India’s forex reserves climb for 8th straight week, rise by USD 1.98 billion to USD 688.13 billion

Mumbai (Maharashtra) [India], May 4 (ANI): India's foreign exchange reserves (Forex) rose by USD 1.983 billion to USD 688.129 billion in the week that [...]
India’s Forex Reserves Rise By USD 8.31 Billion, Extend Winning Streak For Seventh Week

India’s Forex Reserves Rise By USD 8.31 Billion, Extend Winning Streak For Seventh Week

In 2023, India added nearly USD 58 billion to its forex reserves, reversing the trend from 2022, when the reserves saw a cumulative decline of USD 71 [...]
At $677.8 billion, forex reserves rise for 6th straight week

At $677.8 billion, forex reserves rise for 6th straight week

MUMBAI: India's forex reserves increased by $1.5 billion to $677.8 billion for the week ended April 11, RBI said on Friday. This is the sixth consecut [...]
India’s forex reserves rise to USD 676 billion, fifth straight week jump

India’s forex reserves rise to USD 676 billion, fifth straight week jump

New Delhi [India], April 12 (ANI): India's foreign exchange reserves rose USD 10.872 billion to USD 676.26 billion in the week that ended on April 4, [...]
Rupee hits three-week low as RBI rate cut, trade war weigh on sentiment

Rupee hits three-week low as RBI rate cut, trade war weigh on sentiment

The Indian rupee weakened to 86.68 per dollar on Wednesday, down 42 paisa from its previous close amid worries of a growth slowdown in the backdrop of [...]
RBI Reports Significant Rise In India’s Forex Reserves, Reaching USD 665.4 Billion

RBI Reports Significant Rise In India’s Forex Reserves, Reaching USD 665.4 Billion

The RBI is known for intervening in the forex market to manage the liquidity of the Rupee. The central bank’s intervention typically includes selling [...]
India’s forex reserves rise to USD 665.4 billion, biggest jump in nearly five months: RBI

India’s forex reserves rise to USD 665.4 billion, biggest jump in nearly five months: RBI

India’s foreign exchange reserves continued their upward momentum, rising by USD 6.596 billion to USD 665.396 billion as of March 28 — the high [...]
India’s forex reserves rise to USD 665.4 billion, major jump in nearly five months: RBI

India’s forex reserves rise to USD 665.4 billion, major jump in nearly five months: RBI

New Delhi [India], April 6 (ANI): In a significant development, India's foreign exchange reserves rose from USD 6.596 billion to USD 665.396 billion i [...]
India's forex reserves rise to nearly five-month high of $665.4 bn – The Economic Times

India's forex reserves rise to nearly five-month high of $665.4 bn – The Economic Times

India's forex reserves rise to nearly five-month high of $665.4 bn  The Economic Times m.economictimes.com [...]
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