Search For "forex"
India forex reserves drop USD 1.8 billion to USD 639 billion in latest wee
Updated : 1 year ago IST
Foreign exchange reserves, or FX reserves, are assets held by a nation's central bank or monetary authority, primarily in reserve currencies such as the US Dollar, with smaller portions in the Euro, Japanese Yen, and Pound Sterling.
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India forex reserves snap three-week gains; decline USD 2.5 billion in lat
Updated : 1 year ago IST
India's foreign exchange reserves slumped in the week that ended on February 14, reversing the gains it had extended in the past three weeks.
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India's forex reserves rise for third consecutive week
Updated : 1 year ago IST
India's foreign exchange reserves extended their gains for the third straight week, after having slumped for about four months.
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India's forex reserves rise for second consecutive week
Updated : 1 year, 1 month ago IST
India's foreign exchange reserves extended their gains for the second straight week, after having slumped for about four months.
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Despite inflationary risk, falling rupee adding to India's export competit
Updated : 1 year, 1 month ago IST
The Indian rupee has been steeply depreciating for the past few weeks. It fell to a record low of 87.29 per dollar on Monday, weighed down by concerns over trade tariffs imposed by US President Donald Trump and global market uncertainties.
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Unimoni Brings Foreign Exchange and Travel Solutions Closer with Its Expan
Updated : 1 year, 1 month ago IST
Kochi (Kerala) [India], February 3: Unimoni, a leader in the foreign exchange and travel service industry, is proud to announce the continued expansion of its robust network of 300+ branches and over 15,000 agent locations across India. This wide-reaching presence is designed to bring forex
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India's foreign exchange reserves continue to fall, kitty now over 10 per
Updated : 1 year, 1 month ago IST
India's foreign exchange reserves continue to decline, extending their slump for about four months now. India's forex reserves have slumped fifteen out of the past sixteen weeks, hitting about an 11-month low.
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Slump in India's forex reserves continues, hits 10-month low at USD 625.87
Updated : 1 year, 1 month ago IST
India's foreign exchange reserves (Forex) continue to decline, extending their slump for the sixth consecutive week, standing at USD 625.87 billion as of January 10, according to the weekly data released by the Reserve Bank of India (RBI).
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Bank of Baroda to provide AI-driven support, forex facility, ATMs, and coi
Updated : 1 year, 2 months ago IST
As the convenor of the State Level Bankers' Committee (SLBC), Uttar Pradesh, BoB is leveraging Maha Kumbh to promote digital payments, offer AI-driven customer support, and provide robust banking infrastructure.
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India's foreign exchange reserves on a decline for over 3 months
Updated : 1 year, 2 months ago IST
India's foreign exchange reserves continue to decline, extending their slump for over three months now. India's forex reserves have slumped thirteen out of the past fourteen weeks, hitting about a 10-month low.
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India's forex reserves continue to fall, kitty now stands 10% below peak
Updated : 1 year, 2 months ago IST
In the week that ended December 27, the country's foreign exchange kitty declined by USD 4.112 billion to USD 640.279 billion, data from the Reserve Bank of India (RBI) showed.
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Rupee will marginally depreciate against USD in CY25, will outperform many
Updated : 1 year, 2 months ago IST
The Indian Rupee (INR/RS) depreciated by 2.8 per cent in CY24 but still outperformed many of its peers. The Reserve Bank of India (RBI) has actively intervened in the forex market to manage currency fluctuations.
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