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1 min read

Forex kitty falls $325 million to $560.9 billion

India's foreign exchange reserves dropped USD 325 million to USD 560.942 billion as of February 24,…

PTI   


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Forex kitty grows for 2nd consecutive week; rises $2.54 bn to $547.25 bn

In the second consecutive week of an increase in the kitty, India's forex reserves have grown by US…

PTI   


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2 mins read

The IMF has approved a $650 billion Covid-19 aid package, mainly going to rich countries - but it's urging them to share

The aid is the IMF's biggest-ever distribution of reserves and is meant to support countries strugg…

Sophie Kiderlin   


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1 min read

Indian flyers will get much higher compensations now, at par with global standards

The Bill intends to raise the liability limit for damage in case of death or bodily injury for each…

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1 min read

India's forex reserves jump USD 4.3 billion, hit new all-time high of USD 655.8 billion

India's forex reserves jumped USD 4.307 billion to a new all-time high of USD 655.817 billion for t…

PTI   


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Forex reserves jump $4.84 bn to new all-time high of $651.5 bn

The previous high for the kitty a crucial guard against any disturbances in the external sect…

PTI   


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India's forex reserves jump $2.56 bn to $644.15 bn

For the week ended April 5, the reserves had hit an all-time high of USD 648.562 billion follow…

PTI   


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India's forex reserves jump by USD 3.66 bn to USD 641.59 bn: RBI

For the week ended April 5, the reserves had hit an all-time high of USD 648.562 billion, follow…

PTI   


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India's forex kitty rises by $6.40 billion to $642.50 billion

India's forex reserves increased by USD 6.396 billion to USD 642.492 billion for the week ended Mar…

PTI   


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2 mins read

In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn

In September 2021, the country's forex kitty had reached a high of USD 642.453 billion, which w…

PTI   


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Forex reserves jump $1.63 billion to $618.9 billion

India's forex reserves jumped USD 1.634 billion to USD 618.937 billion for the week ended January 1…

PTI   


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India's forex reserves jump USD 5.08 bn to USD 595.40 bn

India's forex reserves increased by USD 5.077 billion to USD 595.397 billion during the week ended …

PTI   


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India's forex reserves increase by USD 1.15 bn but still off all-time high

After multiple weeks of decline, India's forex reserves increased by USD 1.153 billion to USD 585.8…

PTI   


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1 min read

Argentina used Chinese yuan for part of its payment to the IMF as US dollars remain scarce

To meet maturity payments on its $44 billion debt deal with the IMF, Argentina has previously tappe…

Filip De Mott   


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1 min read

Argentina plans to repay some yuan borrowings from Chinese currency swap using IMF bailout money

Argentina is expected to pay the equivalent of $1.7 billion to China's central bank as soon as this…

Filip De Mott   


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India's forex kitty declines by $1.32 billion to $593.75 billion

India's forex reserves dropped by $1.318 billion to $593.749 billion for the week ended June 9, the…

PTI   


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2 mins read

Dedollarization is under threat in Argentina after the US dollar zoomed 5,000% versus the peso over the past decade

The Argentine peso's plummeting value against the US dollar is undermining the country's efforts to…

Zahra Tayeb   


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1 min read

India's forex reserves drop by USD 5.68 billion to USD 561.26 billion

India's forex reserves dropped by USD 5.681 billion to USD 561.267 billion for the week ended Febru…

PTI   


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2 mins read

King dollar will continue to reign supreme for 3 key reasons despite rising talk of de-dollarization

"The dollar's backing is exemplified by a sound foundation, a history of credibility, and transpare…

Matthew Fox   


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1 min read

The IMF is lifting its weighting of the US dollar and Chinese yuan in its basket of special international reserves

The dollar's weighting went up to 43.38% from 41.7%, and the yuan's climbed to 12.28% from 10.92%, …

Brian Evans