Search For "foreign exchange"
India's forex reserves fell USD 2.06 billion after extending gains for eig
Updated : 10 months, 1 week ago IST
India's foreign exchange reserves (Forex) fell USD 2.06 billion to USD 686.06 billion in the week that ended on May 2, after extending gains for the eighth straight week, official data released by the Reserve Bank of India (RBI) this week showed.
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Share of gold in RBI's forex kitty doubled since 2021
Updated : 10 months, 1 week ago IST
Central banks world over are increasingly accumulating safe-haven gold in their foreign exchange reserves kitty, and India is no exception.
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Escalating tensions with India detrimental for Pakistan economy: Moody's
Updated : 10 months, 2 weeks ago IST
A persistent increase in tensions between India and Pakistan is expected to impair Pakistan's access to external financing and pressure its foreign-exchange reserves, according to Moody's.
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Odisha Governor Kambhampati urges citizens to embrace renewable energy
Updated : 10 months, 2 weeks ago IST
In a strong push for environmental protection and sustainable living, Odisha Governor Dr Hari Babu Kambhampati has urged citizens to embrace green energy to reduce pollution, safeguard the planet and save much-needed foreign exchange by reducing the import of crude oil.
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India's forex reserves climb for 8th straight week, rise by USD 1.98 billi
Updated : 10 months, 2 weeks ago IST
India's foreign exchange reserves (Forex) rose by USD 1.983 billion to USD 688.129 billion in the week that ended on April 25, extending gains for the eighth straight week, official data released by the Reserve Bank of India (RBI) this week showed.
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ED to intensify focus on FEMA violations in 2025: Director ED
Updated : 10 months, 2 weeks ago IST
The Enforcement Directorate (ED) will shift its focus toward violations under the Foreign Exchange Management Act (FEMA) in 2025, announced the agency's Director Rahul Navin on Thursday.
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BookMyForex Unveils Global Forex Card with No Cross-Currency or ATM Charge
Updated : 10 months, 3 weeks ago IST
Gurgaon (Haryana) [India], April 28: As international travel picks up pace for the summer season, BookMyForex (a MakeMyTrip Group Entity)--India's largest online retail foreign exchange marketplace--has unveiled its all-new Global Forex Card, built to eliminate the hidden costs of spending a
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India's forex reserve rises for 7th week, gradually climbing towards all-t
Updated : 10 months, 3 weeks ago IST
India's foreign exchange reserves rose USD 8.310 billion to USD 686.145 billion in the week that ended on April 18, extending gains for the seventh straight week, official data released by the Reserve Bank of India (RBI) this week showed.
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India's foreign exchange reserves climb to USD 677.84 billion, sixth weekl
Updated : 10 months, 4 weeks ago IST
India's foreign exchange reserves (Forex) rose USD USD 1.567 billion to USD 677.835 billion in the week that ended on April 4, extending gains for the sixth straight week, showed the official data released by Reserve Bank of India (RBI).
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India's forex market average daily turnover doubled from USD 32 bn in 2020
Updated : 11 months ago IST
India's foreign exchange (forex) market has seen strong growth in recent years, with average daily turnover nearly doubling from USD 32 billion in 2020 to USD 60 billion in 2024.
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Fairexpay Partners with RemitX to Transform Cross-Border Payments for Indi
Updated : 11 months ago IST
Bangalore (Karnataka) [India], April 16: Fairexpay, a pioneer in digital payment solutions, today announced a strategic partnership with RemitX, a division of Capital India Finance Limited and a leading player in the foreign exchange and remittance industry. This collaboration marks a signif
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India's forex reserves rise to USD 676 billion, fifth straight week jump
Updated : 11 months, 1 week ago IST
India's foreign exchange reserves rose USD 10.872 billion to USD 67.626 billion in the week that ended on April 4, extending gains for the fifth straight week, official data released by RBI showed.
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