Showing results for "#forex"
Forex kitty up by $6.40 bn to $642.50 bn
The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last...
Forex reserves surge $2.75 bn to $623.2 bn
In October 2021, the country’s forex kitty had reached an all-time high of $645 billion.
FOREX-Dollar holds steady as risk rally stalls
The New Zealand dollar, often used as a proxy for risk appetite, was last 0.29% higher at $0.62695, having slid to a two-week low of $0.62485 earlier...
India's forex reserves rose by $58 billion cumulatively in 2023
India's foreign currency assets (FCA), the biggest component of the forex reserves, rose $4.698 billion to $549.747 billion, the central bank's weekly...
No takers for rupee payment for oil imports
The default payment currency for all contracts for import of crude oil is US dollar as per the international trade practice
Rupee dips 3 paise to 83.13 against US dollar in early trade
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.01 per cent lower at 102.17.
19 forex trading platforms on ‘Alert List’
The Alert List contains the names of entities, which are neither authorised to deal in forex under the Foreign Exchange Management Act, 1999 (FEMA)
Forex reserves drop $462 mn to $590.321 bn
In the previous reporting week, the overall reserves had increased by $4.672 billion to $590.783 billion.
