Tag: reserve bank of india
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 ( [...]
India’s forex reserves jump by $9 billion to $615 billion last week: RBI
India's foreign exchange reserves increased by USD 9.112 billion to USD 615.971 billion in the week ending December 15, 2023. This increase is one o [...]
India’s forex reserves jump by $9 billion to $615 billion last week: RBI
India's foreign exchange reserves increased by USD 9.112 billion to USD 615.971 billion in the week ending December 15, 2023. This increase is one of [...]
India’s forex reserves drop USD 3.79 billion to USD 586.91 billion: Know the reason
In its Weekly Statistical Supplement, the Reserve Bank on Friday said that India's forex reserves drop [...]
forex reserves: India’s forex reserves see biggest weekly fall in over 6 months
India's forex reserves declined to a near two-month low and was the biggest weekly fall in over six months for the week ending August 18, latest data [...]
Rupee rises for third day on forex inflows, softening crude oil
Mumbai, The rupee appreciated by 16 paise to settle at 82.56 against the US dollar on Thursday, marking its third straight day of gains on the back of [...]