Daily Headlinez Top News Updates
India’s foreign exchange reserves rose by $3.825 billion to $700.946 billion in the week ended April 10, according to Reserve Bank of India (RBI) data.The reserves had increased by $9.063 billion to $697.121 billion in the previous week ended April 3. They touched an all-time high of $728.494 billion in the week ended February 27,…
India’s foreign exchange reserves declined by $7.052 billion to $709.759 billion in the week ended March 13, according to data released by the Reserve Bank of India (RBI) on Friday.In the preceding reporting week, the country’s overall reserves had dropped by $11.683 billion to $716.81 billion. The reserves had earlier touched an all-time high of…
MUMBAI: India’s foreign exchange reserves fell to $716.8 billion in the week ended March 6 from $728.5 billion in the previous week, RBI data showed. The $11.7 billion decline in reserves last week came amid dollar sales of about $6.1 billion by the central bank to support the rupee against pressure stemming from the Iran…
India’s foreign exchange reserves surged $4.885 billion to an all-time high of $728.494 billion during the week ended February 27, according to data released by the Reserve Bank of India (RBI) on Friday.In the previous reporting week, the country’s reserves had declined by $2.119 billion to $723.608 billion, PTI reported. The earlier record high stood…
India’s foreign exchange reserves declined by $6.711 billion to $717.064 billion for the week ended February 6, according to data released by the Reserve Bank of India (RBI) on Friday.In the previous reporting week, the reserves had surged by $14.361 billion to hit an all-time high of $723.774 billion.During the week ended February 6, foreign…
India’s foreign exchange reserves rose by a sharp $8.053 billion to touch a new all-time high of $709.413 billion in the week ended January 23, extending the recent rebound after months of pressure from rupee volatility, according to data released by the Reserve Bank of India.The latest rise follows a jump of $14.167 billion in…
India’s foreign exchange reserves rose by $3.293 billion to $696.61 billion in the week ended December 26, data released by the Reserve Bank of India showed on Friday, PTI reported.The overall reserves had increased by $4.368 billion to $693.318 billion in the previous reporting week, indicating a continued strengthening of the country’s external buffer.According to…
India’s foreign exchange reserves rose by USD 1.033 billion to USD 687.26 billion in the week ended December 5, the Reserve Bank of India (RBI) said on Friday. This comes after the previous reporting week saw a decline of USD 1.877 billion, PTI reported. According to the RBI’s weekly statistical data, foreign currency assets —…
Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any specific price level or band for the rupee, and allows the currency to find its own “correct” value in the market, even as it hovers near the 90-per-dollar mark, PTI reported. “We don’t target any price levels or any bands….
India’s foreign exchange reserves rose sharply by $5.543 billion to $692.576 billion for the week ended November 14, driven largely by a surge in the valuation of gold holdings, according to data released by the Reserve Bank of India (RBI) on Friday.The rise follows a $2.699 billion decline in the previous reporting week, when total…
