In early trading on Wednesday, the rupee recovered its early losses and gained 2 paise to 89.20 against the US dollar, following a weak US dollar and positive sentiment in the domestic share market. Forex traders claim that, despite the Indian currency being under pressure due to increased crude oil prices, there was a foreign…
According to a State Bank of India report, the Reserve Bank of India’s holdings in outstanding government securities (G-Secs) climbed from 11.9 percent in June 2024 to 14.2 percent in June 2025. “RBI’s share in outstanding government securities has increased to 14.2 percent in June 2025 from 11.9 percent in June 2024,” stated the study….
The Reserve Bank of India announced on Friday that for the week ending October 31, India’s foreign exchange reserves fell $5.623 billion to $689.733 billion. To $695.355 billion, the total reserves had decreased by $6.925 billion. Foreign currency assets, a significant portion of reserves, fell by $1.957 billion to $564.591 billion for the week ending…
The RBI announced on Friday that India’s foreign exchange reserves for the week ending May 30 had decreased by $1.237 billion to $691.485 billion. At $692.721 billion, the total reserves had increased by $6.992 billion during the previous reporting week. In late September 2024, the foreign exchange reserves reached a record high of $704.885 billion….
For the week ending February 23, India’s foreign exchange reserves increased by USD 2.975 billion to USD 619.072 billion. The total reserves had decreased to USD 616.097 billion from USD 1.132 billion during the previous reporting week. The foreign currency assets rose by USD 2.405 billion to USD 548.188 billion during the week ending February…
Due to dollar sales by both domestic and international institutions, the Indian rupee closed the day stronger on Wednesday, reaching its highest level in more than two weeks. The rupee closed at 83.0425 against the US dollar, down from 83.1050 the previous day. The local currency saw its biggest monthly growth since June 2023 in…
After spending the most of the morning in a narrow range as traders awaited new signals for directional momentum, the Indian rupee finished Thursday’s trading session largely unchanged. The rupee scarcely moved from its previous level of 83.1225 to conclude at 83.1150 vs the US dollar. The local unit experienced a 0.06% weekly loss .Due…
For the week ending January 12, India’s foreign exchange reserves increased by USD 1.634 billion to USD 618.937 billion, the Reserve Bank of India (RBI) reported on Friday. The total reserves have dropped to USD 617.3 billion from USD 5.89 billion during the previous reporting week. In October 2021, the nation’s forex reserves hit an…
For the second week in a row, foreign exchange reserves increased, reaching a nearly three-month high of $597.9 billion for the week ending November 24. In the week ending November 24, reserves increased by $2.5 billion, following a $5.1 billion increase in the week ending November 17. Both the appreciation or depreciation of foreign assets…
According to a report released on Friday by the Reserve Bank of India, India’s foreign exchange holdings decreased by USD 4.992 billion to USD 593.904 billion for the week ending September 8. The pot had increased by USD 4.039 billion to USD 598.897 billion over the previous reporting week. The nation’s foreign exchange reserves hit…
