The Indian rupee slightly weakened to 85.57 against the US dollar, affected by weak equities, rising crude prices, and a widening trade deficit, despite strong foreign investments ...
In FY25, RBI increased its gold reserves by 25 tonnes despite a drop in forex reserves, with gold's value and share in reserves rising significantly. The central bank's strategic p...
The Indian rupee appreciated to 84.30 against the US dollar, supported by lower crude oil prices and strong equity gains. Analysts highlight sustained FII inflows and a softening U...
India's foreign exchange reserves increased by $1.983 billion to $688.129 billion, marking the eighth consecutive week of growth. The rise was led by an increase in foreign currenc...
India's forex reserves have increased by $305 million to $654.3 billion, marking a significant economic milestone. This growth highlights the country's economic resilience and robu...
The RBI sold $20 billion from its forex reserves in November to stabilize the rupee, with potential for $138 billion more in sales. Despite significant sales, India's forex reserve...
India's forex reserves have fallen to a 10-month low of $625.9 billion, with the rupee experiencing its steepest weekly drop in 18 months. The decline is attributed to RBI's dollar...
India's foreign exchange reserves have significantly declined by $8.478 billion to $644.391 billion, as reported by the Reserve Bank of India. This marks a continued downward trend...
India's forex reserves as of June 2024 are sufficient to meet over 11 months of imports and 96% of external debt, according to the RBI. The reserves have increased by $6.4 billion ...
India's foreign exchange reserves have dropped to a near six-month low of $652.87 billion, influenced by RBI interventions and currency fluctuations. The rupee also hit an all-time...
