Tag: RBI

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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 [...]
India CBDC pilot could start in December, says RBI governor

India CBDC pilot could start in December, says RBI governor

The Reserve Financial institution of India might start preliminary central financial institution digital forex (CBDC) trials earlier than the tip o [...]
Indian Rupee Falls as RBI Holds Dovish Stance, USD/INR Eyes Help. Nifty 50 at Threat?

Indian Rupee Falls as RBI Holds Dovish Stance, USD/INR Eyes Help. Nifty 50 at Threat?

Indian Rupee, USD/INR, Nifty 50, RBI, US NFPs, Technical Evaluation - Speaking FactorsIndian Rupee weakens as RBI holds accommodative stance regar [...]
Indian Rupee at Danger as RBI Lowers GDP Estimates, Boosts Bond Buys. USD/INR Eyes NFPs

Indian Rupee at Danger as RBI Lowers GDP Estimates, Boosts Bond Buys. USD/INR Eyes NFPs

Indian Rupee, USD/INR, RBI, GDP, US NFPs, Technical Evaluation - Speaking FactorsIndian Rupee weakens as RBI downgrades GDP estimates, will increa [...]
When a relative overseas repays mortgage, foreign exchange beneficial properties should not taxable

When a relative overseas repays mortgage, foreign exchange beneficial properties should not taxable

Generally, taxpayers can land in a singular state of affairs. They may make some financial beneficial properties that aren't specified unde [...]
RBI Annual Report for 2020-21: ‘Fall in provisions, sharp foreign exchange beneficial properties led to increased RBI surplus’

RBI Annual Report for 2020-21: ‘Fall in provisions, sharp foreign exchange beneficial properties led to increased RBI surplus’

The overseas alternate transactions of the central financial institution have come as a saviour for the federal government even becaus [...]
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