India’s foreign exchange reserves fell by $1.781 billion in the week ending February 28, bringing the total to $638.698 billion, latest data from the Reserve Bank of India (RBI) revealed.The country’s forex reserves have been on a volatile trajectory, touching an 11-month low after nearly four continuous months of declines. While some weeks have seen…
NEW DELHI: India’s foreign exchange reserves broke the three-week upward streak for the week that ended on 14 February, falling by $2.54 billion to reach $635.721 billion, according to data released by the RBI on Friday.This follows a rise of $7.654 billion in the previous week to $638.261 billion.India’s forex reserves had reached an all-time…
NEW DELHI: India’s foreign exchange reserve recorded a major boost, rising $7.654 billion to reach $638.261 billion in the week ending February 7, Reserve Bank of India (RBI) reported on Friday. This rise marks the third consecutive weekly increase, following a $1.05 billion rise in the previous week, when reserves stood at $630.607 billion on…
NEW DELHI: Rupee followed global currency market’s trend, plunging down 67 paise against the greenback, registering a record low of 87.29 during early trade on Monday. This slip was triggered by the ongoing trade war between the US and its largest trade partners like Canada, Mexico and China.Global markets turned volatile following US President Donald…
NEW DELHI: India’s foreign exchange reserves have been on a consistent decline for the past three months. As per the latest data from the Reserve Bank of India (RBI), the country’s forex reserves fell by $ 4.112 billion in the week ending December 27, reaching $ 640.279 billion. This marks the twelfth decline in the…
NEW DELHI: India’s foreign exchange reserves declined by $8.478 billion to settle at $644.391 billion for the week ending on December 20, according to the Reserve Bank of India (RBI) on Friday.This marks a continued slide after a $1.988 billion drop in the previous week, bringing reserves to a six-month low of $652.869 billion, news…
India’s forex reserves rise to $658.09 billion NEW DELHI: India’s foreign exchange reserves increased by $1.51 billion to $658.09 billion in the week ending November 29, the Reserve Bank of India (RBI) reported on Friday. This marks the first rise in nine weeks, recovering from a five-month low.The reserves had previously declined by a cumulative…
India’s forex reserves decline for fifth week (Picture credit: ANI) NEW DELHI: India’s foreign exchange reserves fell for the fifth consecutive week after reaching an all-time high last month.In the week ending November 1, forex reserves declined by $2.675 billion to $682.130 billion, according to data released by the Reserve Bank of India (RBI) on…
