Tag: reserve bank of india
forex reserves: India’s forex reserves down by $2.8 bn to $640.33 bn as of April 19
India’s forex reserves contracted by $2.83 billion to $640.33 billion as of April 19, latest data published by the Reserve Bank of India showed on Fri [...]
Illegal forex trading: RBI cautions banks, customers | Business News
The Reserve Bank of India (RBI) has cautioned banks and customers again about unauthorised entities offering foreign exchange trading using the bankin [...]
forex reserves: India’s forex reserves up by $2.98 bn to hit fresh peak of $648.56 bn
India's foreign exchange reserves stood at an all-time high of $648.56 billion as of April 5, latest data by the Reserve Bank of India (RBI) showed on [...]
RBI rule ambiguity stifles FX derivatives boom, exposes regulatory gaps in India: Report
India's once-thriving FX derivatives market, a playgr [...]
We are consciously building forex reserves: RBI governor – Economy News
The Reserve Bank of India (RBI) is consciously building foreign exchange reserves in accordance with the prevailing market conditions, governor Shakti [...]
India Delays FX Hedging Rules in Bid to Soothe Trader Panic
(Bloomberg) -- India’s central bank pushed back the implementation of its rules on exchange-traded currency derivatives by about a month, after the me [...]
India’s forex reserves touch 2-year high, set to cross record levels
India’s foreign exchange reserves are on their way to crossing their record-high levels, after increasing for the third straight time in the week ende [...]
Rupee to rise tracking Asia FX; importers, RBI curb upside
By Nimesh VoraMUMBAI (Reuters) - The Indian rupee will open higher on Thursday, tracking most Asian peers on upbeat risk, following which it is expect [...]
India CBDC Insider Reveals Current Stance of Country’s Central Bank
The Reserve Bank of India (RBI) is now looking into technology solutions to solve privacy concerns posed by a digital rupee, the official said. While [...]
Raghuram Rajan calls upon EMs to build forex reserves
Emerging-market authorities must take action to protect their economies against spillovers from “populist and extreme" mac [...]
India’s forex reserves up $1.6 bn to $618.94 bn as of Jan 12
India's foreign exchange reserves saw a mild uptick of $1.6 billion to $618.94 billion as of January 12, 2024, the Reserve Bank of India said on Frida [...]
India’s Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks
The 1 million transactions milestone for one day was achieved after some government-owned and private sector banks deposited the salaries and benefits [...]
India’s forex reserves rose by USD 58 billion cumulatively in 2023
New Delhi [India], December 31 (ANI): India's foreign exchange reserves increased by USD 4.471 billion to USD 620.441 billion in the week ending Dece [...]
RBI introduces new forex scheme to make transactions easier. Details here
The Reserve Bank of India (RBI) has recently set the [...]
India forex reserves jump USD 9.112 billion to USD 615.971 billion latest business updates rbi data
India's forex reserves jumped USD 9.112 billion to USD 615.971 billion in the week ended December 15 ( [...]