Showing results for "#Foreign Exchange"
India's foreign exchange reserves rose USD 2.6 billion in latest week
India's foreign exchange reserves, which had reached an all-time high are sufficient to cover 11 months of projected imports
India's forex reserves rise to 4-month high of $606.9bn
15 Dec 2023 5:00 PMAn 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...
16 Nov 2023 1:25 PMInvestment 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
3 Nov 2023 3:15 PMThe 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
1 Nov 2023 9:15 AMThe 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...
24 Oct 2023 7:42 AMSri 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
15 Oct 2023 3:15 AMAuthorities in Japan are facing renewed pressure to combat a sustained depreciation in the yen, as investors bet on higher-for-longer U.S. interest...
Sri Lanka's foreign reserves increase to $3.5 bn
6 July 2023 11:48 AMThe central bank said it was also able to accumulate a sizeable amount of foreign exchange from the domestic foreign exchange market.