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India forex News

25 Aug 2022

India has ample forex buffers to withstand pressure on credit worthiness: S&P

Speaking at the India Credit Spotlight 2022 webinar, S&P Sovereign & International Public Finance Ratings Director Andrew Wood said the country has a strong external balance sheet and limited external debt, making debt servicing not so expensive.

Rupee Vs dollar

08 Sep 2017

Forex kitty swells by $3.57 billion, closes in on $400 bn-mark

In the previous week, the reserves had increased by USD 1.148 billion to USD 394.55 billion.

Rupee Vs dollar

01 Sep 2017

Forex kitty rises to record $394.55 billion

Gold reserves remained unchanged at USD 19.943 billion.

India forex reserves

10 Feb 2017

Forex reserves up $1.58 bn to $363.146 bn

India's foreign exchange reserves rose by USD 1.588 billion to USD 363.146 billion in the week to February 3 on a jump in core currency holdings and value of gold reserves, the Reserve Bank said.

India forex reserves

28 Jan 2017

India's forex reserves cross $360 billion

India`s foreign exchange reserves went up marginally to $360.77 billion as on January 20, 2017, the Reserve Bank of India (RBI) said.

01 Jul 2016

Foreign exchange reserves slide $3 bn amid Brexit turmoil

The country's foreign exchange reserves declined by USD 3.03 billion to USD 360.79 billion for the week ended June 24 amid volatility in the currency market after Brexit referendum in the UK.

03 Jun 2016

Forex reserves continue to slide, fall to $360.2 bn

In the previous week, the reserves had fallen by USD 121.3 million to USD 360.905 billion.

29 Apr 2016

Forex reserves at record high of $361.601 bn

In the previous week, the reserves had risen by USD 333.7 million to USD 360.250 billion.

22 Apr 2016

Forex reserves at record high of $360.25 bn

In the previous week, the reserves had increased by USD 157.4 million to USD 359.917 billion.

19 Apr 2016

Forex intervention will continue to reduce volatility: Raghuram Rajan

Rajan said India will intervene in the currency market when there`s a sustainable risk in global markets and the country sees a flood of capital coming in.

09 Apr 2016

Forex reserves surge to record high of $359.759 bn

India's foreign exchange reserves surged by a whopping USD 4.2 billion to touch a record high of USD 359.759 billion in the week ended April 1, mainly on account of rise in foreign currency assets, the Reserve Bank said today.

25 Mar 2016

India's Forex reserves rise by $2.53 billion

According to the Reserve Bank of India`s (RBI) weekly statistical supplement, the overall Forex reserves swelled by $2.53 billion to $355.94 billion.

10 Mar 2016

Foreign reserves at higher level, but debt increases too: DBS

India's foreign exchange reserves may have been at an elevated level, but its other liabilities have gone up, following which the country's net international investment position (NIIP) has ended up in red, says a DBS report.

25 Dec 2015

Forex reserves down by $1.4 bn at $351.11 bn

In the previous week, reserves had increased by USD 407.9 million to USD 352.51 billion.

19 Dec 2015

India becomes No.1 in recieving NRI deposits

India has become the largest remittances receiving country at USD 72 billion this year.

26 Nov 2015

Know the advantages of serial numbers in currency notes

Let's understand the meaning behind the currency serial numbers.

16 Nov 2015

Rupee down 9 paise to 66.19 against dollar in early trade

The rupee had gained 21 paise to end at 66.10 against the US dollar in Friday's trade.

29 Oct 2015

Rupee weakens by 27 paise to 65.20 Vs dollar

The rupee had recovered by 4 paise to close at 64.93 per dollar yesterday at the Interbank Foreign Exchange market.

13 Dec 2014

India’s Forex reserves down $1.64 billion

According to the RBI’s weekly statistical supplement, foreign currency assets, the biggest component of the Forex reserves, plunged $867.4 million at $289.95 billion in the week under review.

22 Nov 2014

India's forex up $419 million

India`s foreign exchange reserves grew by $419.4 million to $315.55 billion for the week ended Nov 14, Reserve Bank of India (RBI) data showed.

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