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Banks, Forex swap auction, Reserve Bank of India, RBI, Banking, OMO

Banks place aggressive bids at $10-billion Forex swap auction

RBI’s forex swap auction receives $22.28B bids, injecting Rs 85,000 crore liquidity into the banking system, aiming to ease liquidity…

March 25, 2025 08:16 IST

India’s forex reserves rise by $305 million to $654.27 billion

The recent growth in reserves follows a period of decline due to forex market interventions and revaluation effects aimed at…

March 21, 2025 18:41 IST

Forex reserves fall for sixth consecutive week

RBI reserves fall close to $30 billion as it stepped in to defend the rupee

November 16, 2024 09:18 IST

Drip Capital raises $113 million in debt-equity mix from IFC, Japan’s GMO Payment Gateway, others

Pushkar Mukewar, Co-founder and CEO of Drip Capital told FE Aspire the funds will be used to launch new products…

September 5, 2024 20:30 IST

Which are the best credit cards with zero foreign transaction fee in 2024?

There are many zero foreign transaction credit cards available today. The foreign transaction fee is charged on various transactions, including…

September 2, 2024 18:28 IST

How money flows between MENA and India – Here’s all you need to know

In the fiscal year 2023-24, India received approximately USD 125 billion in remittances from the Middle East. The Gulf countries…

August 7, 2024 13:42 IST

Forex reserves rise $4.5 billion to record $648.7 billion

Foreign currency assets rose $3.4 billion to $569 billion in the week ended May 17.

May 25, 2024 02:15 IST

Forex derivatives diktat to hit brokerages’ revenues

With trading volumes drying up, brokerages will shift the workforce from their currency derivatives desk to other verticals, he added.

April 10, 2024 05:35 IST

Rupee to trade between 83.05 to 83.50 as RBI’s intervention keeps volatility in check

Active intervention by the RBI is likely to keep the volatility in check and the latest data showed reserves have…

April 9, 2024 12:08 IST

India’s forex reserves hit historic high of $642.63 billion, indicates growing investor confidence

The previous peak was achieved in September 2021, when India’s foreign exchange reserves peaked at $642.453 billion.

Updated: March 30, 2024 13:43 IST

At least 115 transactions were carried out by the accused through these accounts

Navi Mumbai police arrest UP man for cheating investors of Rs 60.2 lakh

The accused provided bank account details and coerced the victims to make online payments to the tune of Rs 60.2…

March 4, 2024 19:05 IST

Forex reserves jump by $2.975 billion to $619 billion

For the week ending February 23, the foreign currency assets, a major component of the reserves, increased by USD 2.405…

March 1, 2024 18:32 IST

Forex reserves increase $591 million to $616.7 billion

The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly…

February 2, 2024 18:58 IST

Geopolitics to guide Rupee this week

On the domestic front, market participants will be keeping an eye on the inflation number this week, and the expectation…

October 9, 2023 14:00 IST

forex, forex reserve, economy. Foreign exchange reserves

Rupee slips 1 paisa to close at record low of 83.10 against dollar on forex outflows

Forex traders said the rupee is likely to trade with a negative bias on risk aversion in global markets and…

August 18, 2023 21:26 IST

China forex regulator Pan Gongsheng named central bank party boss

The Journal reported hours earlier that Pan would be named to the party post before being appointed by the government…

July 1, 2023 18:33 IST

forex, dollars, foreign education, Thomas Cook Study Buddy Card, Mastercard, Visa

Thomas Cook launches Study Buddy Card – Check offerings

Thomas Cook India bullish on the overseas education segment which is displaying accelerated growth.

Updated: July 10, 2023 15:44 IST

India’s forex kitty declines by USD 1.32 bn to USD 593.75 bn

The overall reserves had jumped by USD 5.93 billion to USD 595.067 billion for the previous reporting week.

June 16, 2023 18:10 IST

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Excessive intervention could have unintended consequences’ Ananth Narayan former WTM SEBI

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