currency markets Archives

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

Finance

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

PGurus Newsdesk - March 23, 2024 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...

The increase comes on the back of a $6.107 billion jump in the preceding week to $604.042 billion

Finance

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

PGurus Newsdesk - December 15, 2023 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

Economy

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

PGurus Newsdesk - November 25, 2023 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...