forex reserves

Sustaining export momentum is not going to be a simple job: CRISIL MI&A

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Whereas India’s export numbers are encouraging, warning is warranted as a result of rising world tensions and unevenness in world progress, in line with a report by CRISIL Market Intelligence & Analytics (MI&A). What this implies is that sustaining export momentum is not going to be a simple job, opined Crisil’s Dharmakirti Joshi, Chief Economist; Adhish Verma, Senior Economist … Read more

India’s foreign exchange reserves rose by $58 billion cumulatively in 2023

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India’s international trade reserves elevated by $4.471 billion to $620.441 billion within the week ending December 22, 2023, hitting a 21-month excessive, the most recent knowledge launched by the Reserve Financial institution of India confirmed. Within the calendar yr 2023, the RBI added about $58 billion to its international trade kitty. Final week, India’s international … Read more