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India’s rising forex reserves are positive for the economy as they reflect an ample supply of dollars that help to strengthen the rupee

For 3rd consecutive week, India’s forex reserves surge; touches $642.5 bn mark

PGurus Newsdesk - 0
Surge in forex reserves gives the RBI more headroom to stabilize the rupee when it turns volatile According to the latest data released by the...
An increase in the foreign exchange reserves gives the RBI more headroom to stabilize the rupee when it turns volatile

India’s forex reserves scale two-year high of $636.1 billion: RBI data

PGurus Newsdesk - 0
Rising foreign exchange reserves are positive for the economy India's foreign exchange reserves surged by a whopping $10.47 billion to scale a two-year high of...
The increase comes on the back of a $6.107 billion jump in the preceding week to $604.042 billion

India’s forex reserves surges to 4-month high of $606.9 bn

PGurus Newsdesk - 0
Forex reserves surge: Highest gain since the week concluding on July 14 India's foreign exchange reserves rose by $2.816 billion to hit a four-month high...
Reserve position in the IMF expanded by $42 million to $4.83 billion for the week ended November 17

India’s forex reserves surge by $5 billion in a week

PGurus Newsdesk - 0
India’s forex reserves rise by $5.08 billion to $595 billion: RBI data India's foreign exchange reserves increased by $5.077 billion to $595.397 billion for the...
Pakistani rupee plunged to a historic low of Rs.271.35 against the US dollar in the interbank market

Pakistan’s forex reserves barely enough to provide import cover for 18.5 days

PGurus Newsdesk - 1
Pakistan's economy nears breaking point as foreign exchange reserves hit rock bottom The foreign exchange reserves held by the State Bank of Pakistan (SBP) have...
Import of luxury goods such as cars, motorbikes above 250 CC, Colour TV above 32 inches, tobacco, and whisky have been halted for the time being to save foreign currency depletion

Nepal imposes ban on imports of luxurious items to save foreign currency and prevent...

Team PGurus - 1
Nepal bans foreign liquor and TVs to avert forex crisis Nepal on Wednesday morning officially announced a ban on the import of cars and other...
Chinese army deployed in large numbers along Ladakh front, has also upped its efforts to boost ground units, Indian FX reserves at $590 Billion, Nike, Coke, American Airlines are the target of ad campaign blasting Woke Politics and more

EP 167: Israel pursuing forceful deterrence against “Hamas”: Netanyahu; India’s FX reserves at $590B

Sahil Mishra - 0
Sree Iyer: Namaskar. Today is May 20th, 2021 and welcome to Daily Global Insights with Sri and Sree. This is episode number 167. Here...
Top Headlines 1. India surpasses Russia to become the Fourth largest in FX Reserves giving the country much needed strategic advantage at $580 Billion 2. US moves to #2 as the leading supplier of Crude pushing Saudi to Number #4 3. White House weighs Tax Hikes to pay for beyond the $1.9T Stimulus Package 4. Taliban to attend the Russian Hosted Afghanistan meeting, March 18th 5. Wall Street reaches Record highs with optimism around Economy reopening from the Pandemic #Ep119 #DailyGlobalInsights

EP-119: Bidenomix – Tax Peter to Treat Paul? US is India’s #2 Crude supplier,...

Sahil Mishra - 0
Sree Iyer: Hello and Namaskar. This is episode number 119 of Daily Global Insights. And I'm with Sridhar Chityala. It's the 16th of March...
Why is the fastest growing economy in the World not showing strength in its currency? Who is shorting it?

RBI needs to monitor the Rupee exchange (USDINR) rate closely

Sree Iyer - 0
Even as India is digesting a career bureaucrat as the Governor of the Reserve Bank of India (RBI), there is a gradual fall again...
mayhem in indian economy

Indian Economy likely to hit as the exchange rate for rupee to reach RS.80/-...

Natraj Shetty - 5
The value of Indian Rupee likely to hit 80/- per USD from the current value of 70/- per USD to affect Indian economy. With the...
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