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India, forex and rupee
India's FX reserves slump to 10-month low as rupee pressure mounts
India's foreign exchange reserves fell for the fifth consecutive week to a 10-month low of $634.59 billion as of Jan. 3, data from the Reserve Bank of India (RBI) showed on Friday. The reserves declined by $5.
India's forex reserves hit 10-month low to $634.5 billion after rupee crashes to all-time low of 86.04 against US dollar
India's forex reserves hit 10-month low to $634.5 billion after rupee falls to record low of 86.04 against US dollar
India's forex reserves fall to $634.59 bn, down by $5.6 bn as of January 3
India's foreign exchange reserves decreased to $634.59 billion as of the week ending January 3, 2025. The main reason for this drop was a decrease in Foreign Currency Assets by $6.4 billion to $545.47 billion.
India's forex kitty drops USD 5.69 bln to USD 634.58 bln
India's forex reserves dropped by USD 5.693 billion to USD 634.585 billion in the week ended January 3, the Reserve Bank of India said on Friday. In the previous reporting week, the overall kitty had declined by USD 4.
11h
on MSN
India’s Forex Reserves Dips By $5.7 Billion Amid RBI Interventions
India's forex reserves fell by $5.693 billion to $634.585 billion, reflecting a declining trend due to revaluation and RBI ...
The Financial Express
6h
Liquidity woes prompt RBI to hold largest VRR auction in a year
Due to cash squeeze in the banking system, the interbank call money rate jumped 55 basis points above RBI’s repurchase rate ...
1d
India's new central bank chief seeks to improve forecasts, sources say
India's new central bank governor Sanjay Malhotra has initiated a review of the Reserve Bank of India's inflation and growth ...
inc42
23h
KredX Ges RBI Nod To Launch TReDS Platform
Supply chain financing platform KredX has received RBI's final approval to launch a trade receivables discounting system ...
Oneindia
8d
Rs 5,000 Note in India: Is It Coming Soon? Here's What RBI Has To Say
Speculation is rife on social media about the Reserve Bank of India (RBI) possibly introducing a ₹5,000 note. The RBI has ...
1d
India consumer inflation likely eased in December: Reuters poll
Consumer price inflation in India likely fell to 5.3% in December on moderating food price rises, a Reuters poll of ...
7h
Former RBI Governor Raghuram Rajan Breaks Down India’s Economic Challenges
In this interview with The Indian Express’ Udit Misra, former RBI governor Raghuram Rajan breaks down pressing challenges for India’s economy to become a developed nation. In this comprehensive ...
1d
Kredx supply chain finance platform received final approval from rbi reserve bank of india to launch treds platform
Supply chain finance platform KredX on Thursday said it has received the Reserve Bank of India's (RBI's) final approval to ...
4d
India's gold reserve shines as RBI adds 8 tonnes in Nov, second-biggest buyer in 2024: WGC report
According to the report, India stands at the second position in terms of addition to its gold reserve in 2024, behind Poland ...
Swarajya
10d
RBI Raises Red Flags Over Stablecoins And Crypto Assets' Impact On India’s Economic And Financial Stability
The Reserve Bank of India (RBI) issued a stern warning on Monday (30 December) regarding the widespread use of crypto assets, ...
11d
India FY25 GDP: Indian economy poised to grow 6.6% in FY25 on revival in urban, rural demand: RBI Report
GDP: The Indian economy is poised to grow around 6.6 per cent in the current fiscal driven by a revival in demand after ...
19h
Fund Managers See RBI Boosting Liquidity Before India Rate Cuts
India’s central bank may take measures to inject cash in the banking system before it begins to cut interest rates this ...
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