Showing results for "#Forex reserves."
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 5.08 bn to USD 595.4 bn
24 Nov 2023 12:08 PMThe reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last...
Rupee falls 4 paise to close at 83.32/USD
14 Nov 2023 1:30 AMThe dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.08 per cent lower at 105.77.
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.
Forex reserves down by $2.36 bn to $583.53 bn
27 Oct 2023 8:00 PMIn the previous reporting week, the overall reserves had increased by $1.153 billion to $585.895 billion.
RBI’s returns from foreign investments set to surge by $6-8 billion in...
18 July 2023 8:30 PMFor the week to July 7, the forex reserves rose by $1.23 billion to $596.3 billion, but still vastly down from the $645 billion peak in October 2021.
RBI: Forex reserves up by $1.85 bn
8 July 2023 12:30 AMThe overall reserve had dropped by $2.901 billion to $593.198 billion in the previous reporting week.