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India's Forex Reserve Hits All-Time High

India's foreign exchange reserve touched an all-time high of $426.42 billion after an increase of $4.215 billion in the week ended 21 June, RBI data showed. In the week before, there was a $1.358 billion decline to $422.2 billion. Earlier in ...

RBI Announces Forex Trading Platform For Retail Participants

On Thursday, the Reserve Bank of India (RBI) announced the roll out of a foreign exchange trading platform for retail participants. It said that a circular on operational gu...

India's Forex Reserve Grows By $1.3 Billion

India's foreign exchange reserves rose by $1.368 billion during the week ended 10 May, according to official data released on Friday. The Reserve Bank of India's weekly...

India's Forex Reserves Rise To $4.8.7 Billion

For the week ended 3 May, the country's foreign exchange reserves were reportedly increased by $171.9 million to $418.687 billion, according to RBI data. The increase was on...

Stock And Forex Markets Closed Today For Good Friday

The Indian stock and forex markets are closed today for Good Friday. After yet again reaching new highs in intra-day trade, both Sensex and Nifty after hitting a new high of...

Indian Equity, Bond, Currency And Commodity Markets Closed Today

Indian equity, bond, currency and commodity markets are closed today on the occasion of Mahavir Jayanti. In yesterday's trade on the back of strong global cues, both the ben...

What Is RBI’s Dollar Swap? Know All About It

RBI dollar swap mechanism is a way adopted by the apex bank to improve liquidity in the system and also curb any volatility in the rupee movement against the dollar. Herein ...

Rupee Opens Lower At 69.27

The domestic curency resumed trade today and was trading with loss of 0.30% at 69.36. Rupee opened lower by 12 paise at 69.27 per dollar versus Friday's close 69.15. {image-...

Indian Migrants From South Indian States Bring Highest Forei

Indian Migrants From South Indian States Bring-In Highest Foreign Currency

India receives a large sum of foreign currency remittances from its significant number of skilled, semi-skilled and unskilled immigrants in affluent countries. In fact, Indi...

India's Forex Reserves Rise After Multiple Weeks Of Decline

India's foreign exchange reserves increased to $393.132 billion in the week ending 2 November after a jump in foreign currency assets and gold holdings. The Reserve Bank of ...

India S Forex Reserves Rise After Multiple Weeks Decline

Forex Reserves Climb Up To US$ 401.29 Billion

In the reporting week ended August 24, India's forex reserves climbed higher after declining for a while as there has been witnessed an increase in currency assets. The week...

Forex Reserves Climb Up Us 401 29 Billion

Rupees Free Fall Led Decline India S Forex 25 147 Billion

Rupees Free-Fall Led To Decline Of India's Forex By $25.147 Billion

The rupee's free-fall since the beginning of this calendar year has resulted in country's forex reserves falling by $25.147 billion for the period between April 13 and Augus...