Tag: US Federal Reserve

Raghuram Rajan calls upon EMs to build forex reserves

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 [...]
forex: India’s forex reserves rise $5.98 bn to $578.7 bn

forex: India’s forex reserves rise $5.98 bn to $578.7 bn

India's foreign exchange reserves rose $5.98 billion to $578.7 billion as on March 17, 2023, Reserve Bank of India (RBI) data showed on Friday. Data f [...]
Forex kitty down $15 bn in Feb as RBI steps in to stem rupee fall

Forex kitty down $15 bn in Feb as RBI steps in to stem rupee fall

The country’s foreign exchange reserves declined by over $15 billion in February as the Reserve Bank intervened in the forex market to stem a fall in [...]
Forex Kitty Rises $2.9bn To $550bn | Mumbai News

Forex Kitty Rises $2.9bn To $550bn | Mumbai News

Mumbai: The country’s foreign exchange reserves increased by $2.9 billion to $550 billion during the week ended November 25. This is the third consecu [...]
nobel: Rupee should stabilise once US reduces speed of its rate increases: Economics Nobel winner

nobel: Rupee should stabilise once US reduces speed of its rate increases: Economics Nobel winner

Douglas W Diamond, winner of this year's Nobel Memorial Prize in Economic Sciences, says it is difficult to predict exchange rates but the rupee shoul [...]
rbi: RBI dive in forex markets keeps rupee from sinking below 80

rbi: RBI dive in forex markets keeps rupee from sinking below 80

The Reserve 's (RBI) calibrated and timely interventions in the foreign-exchange markets ensured the rupee stayed within the 80 mark to the US dollar, [...]
rbi: RBI dive in forex markets keeps rupee from sinking below 80

rbi: RBI dive in forex markets keeps rupee from sinking below 80

The Reserve 's (RBI) calibrated and timely interventions in the foreign-exchange markets ensured the rupee stayed within the 80 mark to the US dollar, [...]
Explained: Making sense of exchange rate

Explained: Making sense of exchange rate

On Monday, during intra-day trade, the Indian rupee hit an all-time low exchange rate of 77.6 against the US dollar. At the time of going to print, it [...]
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