Search For "forex"
Monthly economic report of Govt says that private investment cycle is stre
Updated : 1 year, 5 months ago IST
Net Foreign Direct Investment (FDI) inflows to India rose by 52.4 per cent during the first four months of FY25, supported by a surge in gross FDI inflows. Gross FDI inflows increased by 23.7 per cent, from USD 22.4 billion during the first four months of FY24 to USD 27.7 billion in the corr
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Tourist arrivals in India trail global trend, but forex earnings from tour
Updated : 1 year, 5 months ago IST
Crisil asserted that reduced demand from Bangladesh on account of the current political scenario there and the suspension of direct flights from China are impacting tourist footfalls in India. Both these countries were a major source of tourists for India and accounted for 27 per cent of the
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India's forex reserves are on the rise; gained USD 66 billion in 2024
Updated : 1 year, 6 months ago IST
India's foreign exchange reserves have been rising for months now, hitting several all-time highs. The forex kitty increased by USD 66 billion so far this year and is currently at USD 689.235 billion.
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India's foreign exchange reserve touches fresh high of USD 681.7 billion
Updated : 1 year, 6 months ago IST
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
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India's foreign exchange reserves rose USD 4.5 billion to reach USD 674.7
Updated : 1 year, 6 months ago IST
India's foreign exchange reserves have risen by USD 4.546 billion to reach USD 674.664 billion, a touch below their all-time highs, during the week that ended on August 16, RBI data showed on Friday.
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ZEX PR WIRE Elevates Presence as Silver Sponsor at Money Expo Mumbai 2024
Updated : 1 year, 7 months ago IST
Mumbai (Maharashtra) [India], August 14: ZEX PR WIRE is thrilled to announce its participation as a Silver Sponsor at the highly anticipated Money Expo Mumbai 2024, organised by Trasol Events. This prestigious event will be held at the Jio World Convention Centre, Mumbai on the 17-18 August
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India's forex reserves touch fresh high of USD 675 billion, rose over USD
Updated : 1 year, 7 months ago IST
The reserves have been rising on and off for a long time now. So far in 2024, they have risen by about USD 45-50 billion, on a cumulative basis. The buffer of foreign exchange reserves insulates domestic economic activity from global spillovers.
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Rupee depreciates to fresh low, leaning towards 84 over global market conc
Updated : 1 year, 7 months ago IST
The Indian rupee depreciated versus the US dollar on Monday to touch its all-time low, tracking global heavy selling in stock markets, over risks that the US may potentially slip into recession.
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India's forex reserves decline slightly after hitting record high
Updated : 1 year, 7 months ago IST
The reserves have been rising on and off for a long time now. So far in 2024, they have risen by about USD 40-45 billion, on a cumulative basis. The buffer of foreign exchange reserves insulates domestic economic activity from global spillovers.
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Mumbai Customs seize gold worth Rs 13.11 cr at airport, 7 held
Updated : 1 year, 7 months ago IST
In an official statement on X, it said, "During 15-27 July, 2024, Airport Commissionerate, Mumbai Customs Zone-III seized over 20.18 Kg Gold valued at Rs. 13.11 Cr, 4.98 Kg Ganja & Forex valued at Rs. 0.96 Cr across 39 cases. Gold was found concealed in cardboard boxes, on & inside b
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India's foreign exchange reserves surge to touch another peak of USD 670.8
Updated : 1 year, 7 months ago IST
In the week that ended on July 19, the foreign exchange kitty rose by USD 4.19 billion to USD 670.857 billion, official data from the Reserve Bank of India (RBI) showed on Friday.
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Kenya's forex reserves decline due to foreign debt repayments, particularl
Updated : 1 year, 7 months ago IST
Kenya's foreign exchange reserves have experienced a significant drop of USD 487 million (approximately KES 63.9 billion) over the past week, following substantial repayments of external debt.
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