
Expressed in dollar terms, the FCAs include the effect of appreciation or depreciation of non-US units like the euro, pound…
The RBI’s market interventions have resulted in its forex kitty shrinking by nearly 13% since the beginning of FY23. On…
Experts estimate the central bank has sold around $35 billion in the currency markets since April. On Thursday, the rupee…
The reserves, which have been dipping as the central bank deploys the kitty to defend the rupee amid a pressure…
India’s stable domestic fundamentals in terms of robust financial and non-financial sector balance sheets, high forex reserves, anticipation of Capex…
“The Indian rupee has witnessed a lot of resilience around the key Rs 80.10 mark over the last couple of…
In the previous week ended August 12, the reserves declined USD 2.238 billion to USD 570.74 billion.
Gold reserves increased USD 671 million to USD 40.313 billion in the week ended August 5.
According to the latest master directions for standalone primary dealers, they are allowed to offer foreign exchange products to FPI…
In the previous reporting week, the overall reserves had declined by USD 7.541 billion to USD 572.712 billion.
Reserve Bank of India Governor Shaktikanta Das on Friday assured that despite the recent depreciation in the Indian rupee vs…
“Volatility has re-emerged and investors have turned their focus on upcoming Fed policy in the backdrop of heightened US inflation,”…
Move follows imposition of export levy on petroleum goods and a hike in import duty on gold
Last Friday, they increased the import duties on gold and imposed an export tax on petroleum products; there was an…
The measures include easing norms for FPI investment in debt market, and increasing the External Commercial Borrowing (ECB) limit under…
In the reporting week, the forex reserves fell due to a dip in foreign current assets (FCAs), a major component…
In the previous week, the reserves had decreased by USD 306 million to USD 601.057 billion.
In the previous week, the reserves rose by USD 4.230 billion to USD 597.509 billion.