India’s overseas alternate reserves (foreign exchange) dipped USD 4.888 billion to USD 685.729 billion within the week ending Could 16, official information launched by the Reserve Financial institution of India (RBI) confirmed. Estimates recommend that India’s overseas alternate reserves sufficiently cowl roughly 10-12 months of projected imports. Even with this weekly loss, the foreign exchange…
Mumbai: India’s overseas alternate reserves rose for the eighth straight week to the touch $688.13 billion as of April 25, in keeping with the newest RBI information launched on Friday. The overseas alternate kitty surged by $1.98 billion throughout the week. The overseas forex part of the reserves elevated by $2.17 billion to $580.66 billion….
Customs officers on the Rajiv Gandhi Worldwide Airport (RGIA) on Tuesday detained a passenger trying to smuggle overseas foreign money, together with Saudi Arabian Riyals and US {Dollars}. Forex price ₹22 lakh was seized from him. The passenger, who was scheduled to journey to Dubai, hid the overseas foreign money inside his baggage in an…
