The rupee declined 12 paise to settle at 86.52 in opposition to the US greenback on Friday, dragged down by weak home equities, rising international crude oil costs, and sustained international fund outflows. The sharp slide in fairness benchmarks and a stronger greenback abroad additionally pressured the native unit, foreign exchange merchants mentioned.On the interbank…
&w=600&resize=600,400&ssl=1 "India’s Foreign exchange Reserves Rise by .5 Billion to 7.8 Billion for Sixth Consecutive Week: RBI – Firstpost")
India’s foreign exchange reserves rose by $1.5 billion to $677.8 billion for the week ended April 11. This marked the sixth consecutive weekly improve, reflecting that India’s financial system stays sturdy regardless of turbulent occasions learn extra On Friday, the Reserve Financial institution of India (RBI) stated that the nation’s foreign exchange reserves elevated by…
Overseas change reserves stood at $ 676.3 billion as on April 4, 2025, up $10.9 billion from the earlier week. In comparison with end-March 2025, the reserves rose by $ 7.9 billion, and have been greater by $ 27.7 billion on a year-on-year foundation. The $10.9 weekly enhance happened through the week which noticed the…
Mumbai, India’s overseas trade reserves surged by $6.6 billion to a five-month excessive of $665.4 billion for the week ended on March 28, 2025, information launched by the Reserve Financial institution of Indian on Friday confirmed. In keeping with the RBI’s Weekly Statistical Complement, the nation’s gold reserves which additionally kind a part of the…
NEW DELHI: India’s overseas alternate reserves recorded their sharpest weekly achieve in additional than three years within the week ending 7 March. The alternate surged $15.27 billion to achieve $653.97 billion, as per the newest information from the Reserve Financial institution of India (RBI).This marks a robust rebound after months of volatility because the reserves…
&w=600&resize=600,400&ssl=1 "India’s foreign exchange reserves can cowl 90% of exterior debt, 11 months of imports – Firstpost")
India’s overseas change reserves are presently strong sufficient to cowl roughly 90% of the nation’s exterior debt, which reached $711.8 billion as of September 2024, reflecting a powerful buffer towards exterior vulnerabilities, in keeping with the Financial Survey 2024-25 learn extra India’s overseas change reserves are presently strong sufficient to cowl roughly 90% of the…
New Delhi: India’s overseas alternate reserves prolonged their positive factors for the second straight week, after having slumped for about 4 months. Within the week that ended on January 31, the foreign exchange kitty rose USD 1.05 billion to USD 630.607 billion, Reserve Financial institution of India information confirmed. Barring the newest two weeks, the…
India’s overseas trade reserves fell by almost $2 billion to an nearly six-month low of $652.87 billion as of December 13, knowledge from the Reserve Financial institution of India (RBI) confirmed on Friday. The reserves had declined by $3.2 billion within the week of December 6, and have declined by $52 billion from the document…
