Showing results for "#Forex Reserves"
RBI's forex reserves set to cross $700 bn sooner than expected in FY25
However, the way forex reserves are surging in FY25, the $700 billion mark does not look very far.
Rupee rises 3 paise to 83.42 against US dollar in early trade
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 105.16, higher by 0.13 per cent.
Pakistan: Govt employees stage strike at Karachi port
The strike, as per details, was conducted by Pakistan Standard and Quality Control officers and employees at the Karachi Port.
Forex reserves up from $591 mn to $616.7 bn
In the previous reporting week, the overall reserves had dropped $2.795 billion to $616.143 billion.
Forex reserves fall sharply by $5.89 bn to $617.3 bn: RBI
In the week before that, the reserves increased $4.471 bn to $620.441. In October 2021, the forex kitty had reached an all-time high of $645 billion.
Forex reserves surge $2.75 bn to $623.2 bn
In October 2021, the country’s forex kitty had reached an all-time high of $645 billion.
India's forex reserves jump USD 9.112 bn to USD 615.971 bn
India's reserve position with the IMF rose USD 181 million to USD 5.023 billion in the reporting week, the apex bank data showed.
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.
