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India’s forex reserves record nearly $18 billion drop in a week amid investor exit

Nov 23, 2024, at 06:36 pm

Mumbai/IBNS: India's foreign exchange reserves witnessed a record decline of nearly $18 billion during the week ending November 15, as global investors continued to withdraw funds from Indian stock markets.

India’s foreign exchange reserves declined by $6.477 billion to $675.653 billion

Nov 16, 2024, at 02:07 am

New Delhi: India’s foreign exchange reserves declined by $6.477 billion to $675.653 billion for the week ending November 8, according to RBI data released on Friday.

India’s Forex reserves reach record high of $704.89 billion

Oct 05, 2024, at 03:24 am

New Delhi: India's foreign exchange reserves have surged to an all-time high of $704.89 billion, marking an increase of $12.5 billion as of September 27, according to data from the Reserve Bank of India (RBI) released on Friday.

India's foreign exchange reserves shoot by $4.549 bn to a record $648.7 bn

May 25, 2024, at 02:57 am

New Delhi: India's foreign exchange reserves surged by $4.549 billion to a record high of $648.7 billion for the week ending May 17, according to the Reserve Bank's announcement on Friday.

India's forex reserves contract by $5.4 billion to $643.16 billion

Apr 20, 2024, at 05:53 am

Mumbai: India's foreign exchange reserves decreased by $5.4 billion to reach $643.16 billion as of April 12, according to the latest data released by the Reserve Bank of India (RBI) on Friday.

India's forex reserve touches the highest level in 21 months

Jan 06, 2024, at 11:22 pm

India's foreign exchange reserves rose from  $2.759 billion to $623.20 billion in the week which ended on December 29.

India's forex reserves grow $5.98 billion to $578.78 billion

Apr 01, 2023, at 03:32 am

Mumbai: India's foreign exchange reserves jumped $5.98 billion to $578.78 billion as on March 24, 2023, Reserve Bank of India (RBI) data showed on Friday.

Rupee down 43 paise against USD

Dec 06, 2022, at 06:38 pm

Mumbai/UNI: The Rupee on Tuesday slid 43 paise, breaching 82 level at 82.22 against the US Dollar on rising demand for US Dollars by bankers and importers, dealers at Foreign Exchange said.

Rupee down 40 paise against USD

Nov 16, 2022, at 08:25 pm

Mumbai/UNI: The Rupee on Wednesday dropped 40 paise at 81.49 against the US Dollar on brisk demand for the greenback by bankers and importers, dealers at Foreign Exchange said.

Rupee falls 15 paise against USD

Nov 15, 2022, at 07:38 pm

Mumbai/UNI: The Rupee on Tuesday slipped 15 paise at 81.47 against the US Dollar on rising demand for US Dollar by bankers and importers, dealers at Foreign Exchange said.

Bangladesh goes for uniform USD-taka rates

Sep 12, 2022, at 10:29 pm

Dhaka/UNI: Bangladesh banks have fixed the maximum exchange rates of the US dollar against the Bangladeshi taka for export-import bills and remittances in a bid to ease pressure on foreign exchange reserves and end volatility in the forex market.

Rupee up 32 paise against USD

Jul 07, 2022, at 07:38 pm

Mumbai/UNI: The Rupee on Thursday rallied 32 paise at 78.98 against the USD in opening trade on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.

Rupee rises 4 paise against USD

May 27, 2021, at 07:39 pm

Mumbai/UNI: The Rupee on Thursday rose to four paise at 72.73 on the selling of the US Dollar by bankers and exporters, dealers at the Forex Market said.

Boost Forex Profits Using Momentum

Dec 23, 2020, at 02:38 am

Forex traders may choose from dozens of strategies. Careful planning and the right techniques allow them to rake in profits in the gigantic financial market. Adherents of the technical approach rely on indicators and different timeframes on price charts. They focus on patterns which reappear. Momentum helps them make informed decisions.

Thomas Cook India witnesses strong uptake in Forex expenditure this Durga Puja

Oct 04, 2016, at 09:56 pm

Mumbai, Oct 4 (IBNS): Thomas Cook (India) Ltd, India’s leading integrated travel and travel related financial services company,has revealed interesting trends witnessed in Forex expenditure in the Eastern region of the country this Durga Puja.