New Delhi [India], Aug 11 (ANI): If India opts for sovereign borrowing in foreign currency, the move should be accompanied by a well-crafted policy and special safeguard as the foreign exchange reserve is an accumulation of capital account surplus rather than current account, according to
New Delhi [India], July 4 (ANI): India's foreign exchange reserves continue to be comfortably placed in excess of 400 billion dollars and the current account deficit (CAD) is within manageable levels, Finance Minister Nirmala Sitharaman said on Thursday while tabling the Economic Survey 2018
New Delhi [India], Sep 14 (ANI): The Principal Economic Advisor in the Finance Ministry, Sanjeev Sanyal on Friday said that the Government is confident of defending dollar-rupee fluctuations, adding that foreign exchange reserves are sufficient to defend the rupee.
Islamabad [Pakistan], May 08 (ANI): Pakistan's National Accountability Bureau (NAB) has ordered an inquiry against former prime minister Nawaz Sharif and others for allegedly laundering $4.9 billion to India, according to reports in the Pakistani media.
New Delhi [India], Apr. 07 (ANI): India's foreign exchange reserves hit a life-time high of 424.361 billion US dollars, after rising by 1.828 billion dollars in the week to March 30, the Reserve Bank of India (RBI) confirmed.
New Delhi [India], Feb 3 (ANI): Foreign exchange reserves saw a USD three billion surge to USD 417.789 billion in the week to January 26, the Reserve Bank of India (RBI) stated.
New Delhi [India], Jan 27 (ANI): Foreign exchange reserves continued rallying for the fourth week with a new high of USD 414.784 billion USD in the week to January 19, attributable to a rise in foreign currency assets.