
In October 2022, the reserves had swelled by USD 14.721 billion during a week.
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Around 67% fall in the forex reserves was on account of currency fluctuations, RBI governor Shaktikanta Das had said earlier.
Bitcoin (BTC) was trading at Rs $16,819.43, down by 0.97% in the last 24 hours.
If the terminal rates of the Fed peak earlier than May and lower than the expectation of around 5%, then…
In the previous reporting week, the overall kitty had swelled by USD 14.721 billion in the highest weekly rise since…
The overall reserves, which have been on a declining spree, had dropped by USD 3.847 billion to USD 524.52 billion…
The central bank’s move follows its February 3 statement cautioning the public against undertaking forex transactions on unauthorised ETPs or…
In a statement, the Reserve Bank of India (RBI) said that resident persons can undertake forex transactions only with authorised…
In the previous week ended July 1, the reserves had dropped by USD 5.008 billion to USD 588.314 billion.
Most forex cards do not levy any transaction fee for purchases at merchant outlets but can have card issuance fee…
Since 2019, the RBI has been accumulating forex reserves that peaked at USD 642.453 billion in the week ended September…
Currently, the liquidity is expected to be in surplus of around Rs 7.75 lakh crore.
In the previous week ended July 23, the reserves had declined by $1.581 billion to $611.149 billion.
In the previous week ended April 23, the reserves had risen by $1.701 billion to $584.107 billion.
Investors inclined towards the debt options as the debt component in FPI rose to Rs 12,663, highest after October 2017.
The British pound fell to an eight-week low against the dollar and a three-year low against the yen on Monday…
China’s forex reserves, the world’s largest, fell by $27.9 billion in May – the biggest monthly drop since February.
BookMyForex has joined hands with MakeMyTrip, allowing customers booking international travel products to subsequently purchase their foreign exchange with BookMyForex…
Amid rising concerns over the Greece crisis, the 21.6% jump in Indian companies’ forex borrowings and the fact that bulk…
Indian rupee shed 24 paise to trade at 63.88 against the US dollar in early trade on Monday at the…
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