India Overseas Alternate Reserves: Foreign exchange Reserves leap to an all-time excessive of $655.8 billion

India’s overseas alternate reserves jumped $4.307 billion to the touch a brand new lifetime excessive of $655.817 billion throughout the week that ended June 7, official information from the Reserve Financial institution of India (RBI) confirmed. The reserves have been rising on and off for a very long time now. Up to now in 2024, … Read more

India’s foreign exchange reserves rise to an all-time excessive of $649 billion

India’s overseas change (fx) reserves rose $2.98 billion within the first week of the brand new monetary 12 months to an all-time excessive of $648.562 billion as on April 5, 2024. Additionally learn: G-Sec yields spike, rupee weakens on higher-than-expected US inflation Fx reserves within the reporting week had been primarily buoyed by improve in … Read more

India’s foreign exchange reserves rise by $140 million to hit contemporary peak of $642.63 billion

India’s foreign exchange reserves elevated by $140 million to the touch its all-time excessive of $642.631 billion throughout the week ended March 22, the Reserve Financial institution stated. Additionally learn:With RBI mopping up {dollars}, foreign exchange reserves at a brand new excessive of $642.49 billion That is the fifth consecutive week of a bounce within … Read more

India’s foreign exchange reserves contact 2-year excessive, set to cross document ranges

India’s international change reserves are on their strategy to crossing their record-high ranges, after growing for the third straight time within the week ended March 8. Additionally learn: Rupee falls 4 paise to shut at 82.88 towards US greenback Reserves rose $10.47 billion in the course of the week, recording the very best weekly improve since … Read more

Rupee falls 3 paise to shut at 82.78 towards US greenback

The rupee consolidated in a slim vary and settled for the day, 3 paise decrease at 82.78 (provisional) towards the US greenback on Tuesday, as market members remained on the sidelines forward of the discharge of key macroeconomic knowledge. Additionally learn: Rupee jumps 9 paise to 82.74 towards US greenback in early commerce Foreign exchange … Read more