Page 3 of forex

HDFC Bank customer? Know what the bank says about 20% TCS on forex withdrawals, remittances under LRS

HDFC Bank has explained the new 20% TCS provision for forex withdrawals/remittances. Let’s have a look

June 12, 2023 09:59 IST

Forex, USD, SDR, jump, hike, forex kitty

Forex reserves jump USD 5.9 bn to USD 595 bn

It can be noted that in October 2021, the country’s forex kitty had reached an all-time high of USD 645…

June 9, 2023 18:13 IST

FOREX, India, USD, Forex Kitty, Statistical Supllement, RBI

Forex kitty drops USD 4.34 billion to USD 589.14 billion

For the week ended May 26, the foreign currency assets, a major component of the reserves, declined by USD 4.014…

June 2, 2023 19:02 IST

Forex kitty rises USD 5.98 bn to USD 578.78 bn

In a second consecutive weekly increase, India’s forex reserves rose USD 5.977 billion to USD 578.778 billion in the week…

March 31, 2023 17:39 IST

India’s forex kitty jumps by USD 12.8 bn to USD 572.8 bn

In the previous reporting week, the reserves had dropped by USD 2.39 billion to a three-month low of USD 560.003…

March 24, 2023 18:09 IST

Forex reserves, RBI, Reserve Bank of India, euro, US Federal Reserve, dollar, Economy

Forex reserves fall to eleven-week low

The RBI holds major currencies, including the pound-sterling, yen and euro in its reserves, which are expressed in dollar terms.

February 25, 2023 03:50 IST

India’s forex kitty drops USD 1.49 bn to USD 575.27 billion

In the previous reporting week, the overall reserves had jumped by USD 3.03 billion to USD 576.76 billion.

February 10, 2023 17:43 IST

Forex kitty rises by USD 1.727 billion to USD 573.727 billion

In October 2022, the reserves had swelled by USD 14.721 billion during a week.

January 27, 2023 18:41 IST

Money transfer offer: Up to Rs 5000 cashback for international students

BookMyForex.com has launched “BookMyForex Student Offer” with cashback and offers on international money transfers.

January 18, 2023 17:00 IST

Forex reserves decline in the first week of year

Around 67% fall in the forex reserves was on account of currency fluctuations, RBI governor Shaktikanta Das had said earlier.

January 14, 2023 00:25 IST

foreign exchange reserves, forex, india foreign exchange reserves, gold reserve

Forex reserves soar $2.9 billion to $564 billion

The gold reserves with the RBI fell $296 million.

December 17, 2022 00:45 IST

Markets Wrap Up – 7 December: Stocks down, rupee falls; Asia, Europe markets, Gold, Crude, Crypto updates

Bitcoin (BTC) was trading at Rs $16,819.43, down by 0.97% in the last 24 hours.

December 7, 2022 16:52 IST

Inflation and trend drove 2022, what will drive FX markets in 2023, volatility?

If the terminal rates of the Fed peak earlier than May and lower than the expectation of around 5%, then…

December 4, 2022 10:09 IST

Forex kitty grows for 2nd consecutive week; rises $2.54 bn to $547.25 bn

In the previous reporting week, the overall kitty had swelled by USD 14.721 billion in the highest weekly rise since…

Updated: November 25, 2022 17:29 IST

Forex kitty swells by USD 6.561 bn to USD 531.081 bn

The overall reserves, which have been on a declining spree, had dropped by USD 3.847 billion to USD 524.52 billion…

November 4, 2022 17:48 IST

RBI, forex trading, RBI news, forex transactions, rbi on forex transactions

RBI issues alert list of entities unauthorised to carry out forex transactions

The central bank’s move follows its February 3 statement cautioning the public against undertaking forex transactions on unauthorised ETPs or…

September 8, 2022 02:30 IST

deal in forex trading, rbi on forex trading, OctaFX, Alpari, HotForex,

RBI issues ‘Alert List’ on entities not authorised to deal in forex trading

In a statement, the Reserve Bank of India (RBI) said that resident persons can undertake forex transactions only with authorised…

September 7, 2022 19:02 IST

Forex reserves fall USD 8.062 bln to USD 580.252 billion

In the previous week ended July 1, the reserves had dropped by USD 5.008 billion to USD 588.314 billion.

July 15, 2022 18:24 IST

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Nvidia busts AI bubble fears, delivers strong forecast; Huang says demand remains robust

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Nvidia’s quarterly revenue forecast surpasses expectations, driven by high demand for AI chips from major cloud providers. CEO Jensen Huang remains confident in industry growth despite concerns about an AI bubble. However, analysts express skepticism due to potential obstacles and concentration of customers. Nvidia predicts continued strong demand, with $500 billion in bookings.

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