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Source: Business Standard The RBI had intervened in both the non-deliverable forwards and local spot forex market to help the rupee stay above the psychologically important 84 mark, traders said. 2 min read Last Updated : Oct 11 2024 | 5:26 PM IST India’s foreign exchange reserves fell for the first time in eight…
Source: Business Standard 2 min read Last Updated : Oct 04 2024 | 4:51 PM IST By Subhadip Sircar India’s foreign-exchange reserves will likely rise to $745 billion by March 2026, giving the central bank more potential firepower to influence the rupee, according to Bank of America. Click here to connect with…
Source: Business Standard The domestic currency settled at 83.5625 on Friday, and gained nearly 0.4% week-on-week, its strongest weekly rise this year. 1 min read Last Updated : Sep 20 2024 | 5:32 PM IST India’s foreign exchange reserves extended their winning run for a fifth straight week to hit a record high of…
Source: Business Standard 1 min read Last Updated : Sep 20 2024 | 11:56 AM IST India’s foreign exchange reserves expanded by $66 billion in 2024, marking an all-time high of $689 billion. This follows an increase of $60 billion in 2023, after a decline of $71 billion in 2022. Among the top five…
Source: Business Standard India’s reserve position with the IMF was down by $58 million to $4.622 billion in the reporting week, the apex bank data showed. 1 min read Last Updated : Sep 06 2024 | 5:44 PM IST India’s forex reserves jumped by $2.299 billion to a new high of $683.987 billion for…
