Showing results for "#Foreign Exchange"
RBI proposes rationalising regulations on export, import transactions
According to the draft, no advance remittance for the import of gold and silver should be permitted unless specifically approved by the Reserve Bank...
FDI flows jump to 21-month high in Oct
According to RBI data, the net FDI in India for October stood at $5.9 billion up from $1.55 billion in September. This is the third month in a row to...
India's forex reserves rise to 4-month high of $606.9bn
An increase in the foreign exchange reserves is good news as it helps the RBI to stabilise the rupee.
India’s GDP growth expected to accelerate in Q3 of 2023-24: RBI...
Investment demand appears to be resilient with the government’s infrastructure spending, an uptick in private capex, automation, digitalisation, and...
India's forex reserves rise by $2.6 billion
The increase comes as a welcome relief as RBI uses the country's forex reserves to stabilise the rupee when it turns volatile.
Rupee faces headwinds
The rupee was trading at 83.27 vis-a-vis the US dollar in pre-noon trade on Wednesday down from 83.25 in the previous session.
Sri Lankan Cabinet approves visa-free proposal for India, 6 other...
Sri Lanka's tourism industry aims to attract 2 million visitors in 2023, compared to the previous target of 1.5 million.
IMF sees recent yen falls as reflecting fundamentals
Authorities in Japan are facing renewed pressure to combat a sustained depreciation in the yen, as investors bet on higher-for-longer U.S. interest...