Tag: Forex

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Business

India’s Forex Reserves Climb for Eighth Straight Week, Reach $688.13 Billion

Disha Rojhe - 0
Despite consistent gains, reserves remain below September 2023 peak; RBI data shows steady buildup in foreign currency assets while gold holdings dip slightly. Mumbai, May...
Business

Rupee Ends Higher Amid Foreign Banks’ Dollar Sales and Position Adjustments

Misha Bhatia - 0
The Indian rupee closed at 86.9975 per US dollar, gaining 0.2% on Thursday as foreign banks offloaded dollars and traders trimmed short positions. March 15,...

Rupee Logs Best Week in 19 Months Amid Heavy RBI Intervention

India’s Forex Reserves Dip by $8.48 Billion Amid RBI Intervention to Stabilize Rupee