Page 3 of forex

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

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

During the selection process, keep an eye on the fees and charges as that could turn out to be a damper if one does not use the card carefully.

Foreign Exchange: Know the benefits of a forex card

Most forex cards do not levy any transaction fee for purchases at merchant outlets but can have card issuance fee…

Updated: June 24, 2022 14:08 IST

Higher forex reserves lower cost of foreign borrowings, hedging cost: RBI article

Since 2019, the RBI has been accumulating forex reserves that peaked at USD 642.453 billion in the week ended September…

April 18, 2022 22:27 IST

Swap auction is expected to withdraw approximately Rs 38,000 crore – a very small amount considering the huge surplus. But, it will have an impact on short-term rates, dealers said. Considering the current scenario, the swap auction is well planned to support exchange rate volatility caused due to global cues.

Dollar-rupee swap to suck out liquidity, support forex market

Currently, the liquidity is expected to be in surplus of around Rs 7.75 lakh crore.

March 3, 2022 01:00 IST

Forex reserves surge by $9.42 billion to all-time high of $620.57 billion

In the previous week ended July 23, the reserves had declined by $1.581 billion to $611.149 billion.

August 6, 2021 20:21 IST

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