Forex

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

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

Despite consistent gains, reserves remain below September 2023 peak; RBI data shows steady buildup in foreign currency assets while gold…

7 months ago

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

The Indian rupee closed at 86.9975 per US dollar, gaining 0.2% on Thursday as foreign banks offloaded dollars and traders…

9 months ago

Rupee Logs Best Week in 19 Months Amid Heavy RBI Intervention

Central Bank’s Bold Measures Stabilize Currency, Curb Speculation February 15, 2025: Mumbai: The Indian rupee recorded its strongest weekly gain…

10 months ago

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

The decline marks the 11th drop in 12 weeks, with reserves falling to a multi-month low of $644.39 billion. New…

11 months ago