Tag: RBI
Forex reserves rise by USD 394 mn to USD 631.92 bn
The country's foreign exchange reserves increased by USD 394 million to USD 631.92 billion in the week ended March 4, the RBI data showed. In the prev [...]
Forex reserves decline by USD 1.425 bn on a dip in currency assets
India's forex reserves declined by USD 1.425 billion to USD 631.527 billion for the week ended in February 25 due to a dip in currency assets, accordi [...]
Forex reserves jump by $2.76 bn to $632.95 bn: RBI data
The country's foreign exchange reserves increased by USD 2.762 billion to USD 63 [...]
Forex reserves down by $1.763 bn to $630.19 bn
The country's foreign exchange reserves declined by USD 1.763 billion to USD 630.19 billion in the week ended on February 11, the RBI data showed. In [...]
Indian Finance Minister Says RBI Is on Board With New Crypto Rules
"We were all discussing prior to the budget. And we shall continue to have the discussions. And all decisions ... are being taken on it, obviously, be [...]
Forex reserves down by $4.531 billion to $629.755 billion
The country's foreign exchange reserves declined by USD 4.531 billion to stand at USD 629.755 billion in the week ended January 28, RBI data showed on [...]
RBI: RBI’s forex, yield moves can strain its books
Mumbai: The central bank's finances may come under pressure this fiscal due to interventions in the forex and money markets for stabilising bond yield [...]
rupee: What is digital rupee? And how will it work?
Union finance minister Nirmala Sitharaman has announced the Reserve Bank of India (RBI) will soon issue a central bank-backed digital currency (CBDC). [...]
India’s forex reserves dip $897 million in the first week of January
India's armoury of foreign exchange reserves is seen depleting in the recent weeks. Reserves dipped $897 million during the week ended January 7 as th [...]
forex reserves: India’s forex reserves to face $256 billion overseas debt challenge in next 12 months
India's enormous foreign exchange reserves faces its biggest test in the next 12 months as a record $256 billion of total overseas debt comes up for r [...]
RBI Recommends India Implement Basic Version of CBDC
In a major step away from the RBI’s stance in the past towards anything cryptocurrency-related, the report says “In its basic form, a central bank [...]
Forex reserves stem decline, down for third straight week
For the third straight week, the nation’s forex reserves recorded a fall, this time by $77 million to reach $635.828 billion during the week ended [...]
India’s foreign exchange reserves dip down by $77 mn in December
India's foreign exchange reserves inched lower by $77 million during the week [...]
Rupee: Rupee recovers, ends stronger vs US dollar as RBI flexes FX reserves muscle amid hawkish Fed policy
NEW DELHI: The rupee bounced back sharply to settle stronger versus the US dollar on Thursday, as likely market interventions in the form of dollar [...]