Tag: RBI

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India Has No Plans to Recognize Bitcoin As Currency; RBI Working On CBDC Rollout: Reports

India Has No Plans to Recognize Bitcoin As Currency; RBI Working On CBDC Rollout: Reports

The Indian government does not plan to recognize bitcoin as a currency, finance minister Nirmala Sitharaman said on Monday.During a question and an [...]
Forex data, US GDP & holiday sales

Forex data, US GDP & holiday sales

Every Monday, Mint’s Plain Facts section features five key data releases due in the coming week. The weekly data on foreign exchange res [...]
India’s forex reserves decline $763 mn to $640.11 bn in November: RBI

India’s forex reserves decline $763 mn to $640.11 bn in November: RBI

The country's foreign exchange reserves declined by USD 763 million to USD 64 [...]
Crypto Adoption Numbers in India Could be ‘Exaggerated’, Says RBI Governor

Crypto Adoption Numbers in India Could be ‘Exaggerated’, Says RBI Governor

The governor of the Reserve Bank of India (RBI) believes that the number of Indians reported to be investing in crypto could be “exaggerated.”Shakt [...]
RBI Watch Foreign Exchange: Reserves rise nearly $2 bn on currency assets, gold; fall shy of all-time high

RBI Watch Foreign Exchange: Reserves rise nearly $2 bn on currency assets, gold; fall shy of all-time high

The forex reserves posted an increase of $1.919 billion for the week ended October 29, reaching $642.019 billion amid a healthy increase in the cur [...]
India’s forex reserves increase $1.9 bn to $642 bn

India’s forex reserves increase $1.9 bn to $642 bn

India's forex reserves have increased by USD 1.919 billion to USD 642.019 billion for the week ended October 29 on a healthy increase in the curren [...]
Forex reserves decline by $908 mn to $640.1 bn

Forex reserves decline by $908 mn to $640.1 bn

The country's foreign exchange reserves declined by USD 908 million to USD 640.1 billion in the week ended October 22, RBI data showed. In the prev [...]
Forex reserves surge by $58.38 bn in first half of FY22: RBI report

Forex reserves surge by $58.38 bn in first half of FY22: RBI report

The country's foreign exchange reserves surged by $58.38 billion in April-September 2021 to $635.36 billion, says an RBI report released [...]
India’s Forex Reserve Increase By $2.04 Billon To Reach $639.52 Billion: RBI

India’s Forex Reserve Increase By $2.04 Billon To Reach $639.52 Billion: RBI

India's foreign exchange reserves increased by about $2.04 billion to approx $639.52 billion for the week ending Oc [...]
Forex reserves down by $1.169 billion to $637.477 billion

Forex reserves down by $1.169 billion to $637.477 billion

The country's foreign exchange reserves dipped by USD 1.169 billion to stand [...]
India’s forex reserves slip to $638.65 bn

India’s forex reserves slip to $638.65 bn

Foreign exchange reserves in India declined to $638.65 billion during the week ended September 24, as per data released by the RBI on Fr [...]
Foreign exchange reserves down by $1.47 billion to $639.64 billion

Foreign exchange reserves down by $1.47 billion to $639.64 billion

The country's foreign exchange reserves declined by USD 1.47 billion to USD 6 [...]
Forex reserves down by USD 1.47 billion to USD 639.64 billion

Forex reserves down by USD 1.47 billion to USD 639.64 billion

The country's foreign exchange reserves declined by USD 1.47 billion to USD 639.642 billion in the week ended September 17, RBI data showed on Frid [...]
India’s forex reserves down by $1.34 billion to $641.113 billion

India’s forex reserves down by $1.34 billion to $641.113 billion

After reaching a record high in the previous week, the country's foreign exch [...]
Forex reserves down by USD 1.34 bln to USD 641.113 bln

Forex reserves down by USD 1.34 bln to USD 641.113 bln

The country’s reserve position with the IMF increased by USD 5 million to USD 5.127 billion in the reporting week, the data showed.After reaching a [...]
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