India's financial position with the rest of the world improved over the year. The country increased its overseas assets more than it increased its foreign liabilities, largely due to a rise in reserve assets, according to a data by Reserve Bank of India.
Post three consecutive weeks of decline, India's foreign exchange reserves rose again by USD 3.668 billion to USD 641.590 billion in the week that ended on May 3, RBI data showed.
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India's foreign exchange reserves rose by USD 2.975 billion to USD 619.072 billion in the week that ended on February 23, as per the latest data released by the Reserve Bank of India (RBI).
India's current account deficit narrowed sharply in the January-March 2023 quarter, RBI data showed on Tuesday, attributable to a moderation in the trade deficit and robust services exports.
According to Reserve Bank of India (RBI) data, six years after the move to ban Rs 500 and Rs 1000 notes, currency in circulation increased by 83 per cent and the value of the currency in circulation as on December 23, 2022, stood at Rs 32.42 lakh crore.
India's current account balance recorded a deficit of USD 36.4 billion (4.4 per cent of GDP) in Q2 of 2022-23 (July-September), up from USD 18.2 billion (2.2 per cent of GDP)1 in Q1 (April-June), RBI's balance of payments (BoP) data showed on Thursday.
Bharatiya Janata Party (BJP) leader Lanka Dinakar on Sunday alleged a scam worth Rs 20,000 crores in the rice distribution scheme in Andhra Pradesh, citing the Right to Information (RTI) and RBI data.
Mumbai (Maharashtra) [India], September 17 (ANI): India's foreign exchange (forex) reserves dropped by $2.234 billion to $550.871 billion for the week ended September 9, the lowest level in two years, the Reserve Bank of India (RBI) data showed.
Mumbai (Maharashtra) [India], September 10 (ANI): India's foreign exchange (forex) reserves slumped by $7.941 billion to $553.105 billion for the week ended September 2, the lowest level in almost two years, the Reserve Bank of India (RBI) data showed.
Mumbai (Maharashtra) [India], September 3 (ANI): India's foreign exchange (forex) reserves fell by $3.007 billion to $561.046 billion for the week ended August 26 dragged by a slump in foreign currency assets, the Reserve Bank of India (RBI) data showed.
Mumbai (Maharashtra) [India], August 20 (ANI): India's foreign exchange (forex) reserves fell by $2.238 billion to $570.74 billion for the week ended August 12, the Reserve Bank of India (RBI) data showed.