India's Forex Kitty Surges To New Lifetime High Of $655.8 Billion
India, with an expected 15.2 per cent share in world remittances in 2024, also continues to be the largest recipient of remittances globally.
Jun 14, 2024, 20:43 PM IST
India’s Foreign Exchange Kitty Rises For 5th Week In A Row
In the preceding week that ended on March 15, the forex reserves had increased by a more robust $6.4 billion to scale a record high of $642.49 billion.
Mar 29, 2024, 20:19 PM IST
Sri Lanka to receive new petrol shipment within three days: Minister
Sri Lanka expects a new shipment of petrol within the next three days, its power and energy minister said on Thursday, as the island nation awaits official confirmation from the Indian government for a new $500 million credit line for fuel. "We are struggling to get suppliers due to overdue payments," Power and Energy Minister Kanchana Wijesekera told reporters.
Jun 16, 2022, 18:29 PM IST
10% ethanol blending has saved foreign exchange worth Rs 41K crore: PM Narendra Modi
PM Modi said that 10 percent ethanol blending has saved foreign exchange worth Rs 41,000 crore, reports IANS.
Jun 05, 2022, 18:26 PM IST
Sri Lanka allows private companies to import fuel
The Sri Lankan government on Tuesday raised the petrol price by 24.3 percent and diesel by 38.4 percent, reports PTI.
May 27, 2022, 17:31 PM IST
Rupee pares early gains, down 5 paise vs USD
The rupee pared its early gains to trade down by 5 paise at 64.94 against the dollar on emergence of demand for the US currency from importers and banks despite higher local equities.
May 24, 2017, 11:27 AM IST
Forex reserves down $360.9 million to $362.78 billion
India's foreign exchange reserves dropped by USD 360.9 million to USD 362.785 billion in the week to February 10 due to decline in foreign currency assets (FCAs), a key component, the Reserve Bank said today.
Feb 17, 2017, 20:46 PM IST
China's yuan lost 7% value in 2016, worst in 22 years
China has reduced the share of US dollars in its foreign exchange basket and added 11 more currencies for measuring the yuan which lost about seven percent value against US dollar last year becoming the worst-performing major Asian currency, a media report said.
Jan 02, 2017, 17:16 PM IST
Forex reserves decline by $935.2 million to $359.671 billion
India's foreign exchange reserves declined by USD 935.2 million to USD 359.671 billion in the week to December 23 on account of fall in foreign currency assets, the Reserve Bank said on Friday.
Dec 30, 2016, 18:30 PM IST
Forex reserves move up by $1.166 billion to $370.766 billion
India's foreign exchange reserves increased by USD 1.166 billion to reach USD 370.766 billion for the week to September 23 on account of rise in foreign currency assets, as per RBI data.
Sep 30, 2016, 19:33 PM IST
China's forex reserves fall $16 billion in August
China's foreign exchange reserves fell by some $16 billion dollars in August, officials said Wednesday, as the country`s central bank sold dollars to defend its currency against capital outflows.
Sep 07, 2016, 17:33 PM IST
US charges two HSBC executives over forex-related scheme
A senior HSBC Holdings Plc manager has been arrested and charged alongside a former foreign exchange executive with engaging in a scheme to front-run a $3.5 billion transaction by one of the bank`s clients, US prosecutors said on Wednesday.
Jul 21, 2016, 08:54 AM IST
Rupee opens 3 paise higher against dollar at 66.74
Mumbai: The rupee appreciated by 3 paise to 66.74 against the dollar in early trade on Wednesday on increased selling of the US currency by exporters and banks amid higher foreign inflows.
Jun 08, 2016, 11:46 AM IST
Remittances by overseas Indians fall by 2.9%, first decline since 2009
For the first time since 2009, remittances by the overseas Indians slowed down bringing worries to external advisers of Reserve Bank of India (RBI) governor Raghuram Rajan abou the monetary policy impact.
May 06, 2016, 08:57 AM IST
Forex reserves surge to record high of $359.759 bn
India's foreign exchange reserves surged by a whopping USD 4.2 billion to touch a record high of USD 359.759 billion in the week ended April 1, mainly on account of rise in foreign currency assets, the Reserve Bank said today.
Apr 09, 2016, 00:04 AM IST
India's Forex reserves rise by $2.53 billion
According to the Reserve Bank of India`s (RBI) weekly statistical supplement, the overall Forex reserves swelled by $2.53 billion to $355.94 billion.
Mar 25, 2016, 17:55 PM IST
Forex reserves down by $3.58 bn to $346.79 bn
Country's foreign exchange reserves declined by a whopping USD 3.58 billion to USD 346.79 billion in the week ended February 26, on account of fall in foreign currency assets (FCAs), according to Reserve Bank
Mar 04, 2016, 19:44 PM IST
Forex reserves up by $347.2 mn to $351.831 bn
Country's foreign exchange reserves rose by USD 347.2 million to USD 351.831 billion in the week to February 12, helped by an increase in foreign currency assets (FCAs), according to the Reserve Bank.
Feb 20, 2016, 17:17 PM IST
Akhilesh Pratap Singh answers viewers' questions over the achievements of Congress
Our viewers raises questions over the praises done by anyone for Congress in it's ruling period.
Dec 12, 2015, 20:41 PM IST
Shah Rukh questioned by ED on alleged FEMA violations
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Nov 11, 2015, 13:55 PM IST
