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1 min read
India's forex reserves hit record $666.85 billion, driven by surging gold and foreign currency assets
India's foreign exchange reserves have surged to a record high, reaching a new peak of $666.85 bill…
ANI
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
1 min read
Rupee opens on flat note against US dollar in early trade; Underperformance partly due to election worries
The rupee opened on a flat note against the US dollar in early trade on Friday, weighed down by a n…
PTI
1 min read
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
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
2 mins read
FPIs pump Rs 33,700 crore in equities in September amid US rate cut, domestic market resilience
With this, FPIs investment in equities reached Rs 76,572 crore so far this year. Since June, FPIs h…
PTI
1 min read
IREDA's GIFT City branch to give special foreign currency loans for green projects
Indian Renewable Energy Development Agency Ltd (IREDA) has opened an office in GIFT City at Gandhin…
2 mins read
Rupee tumbles 31 paise to close at all-time low of 84.03 against US dollar
Forex traders said the downfall in the domestic unit came on the heels of a sharp downturn in the I…
PTI
2 mins read
Rupee turns flat at 83.73 against US dollar in early trade
At the interbank currency exchange, the domestic currency opened at 83.74 and inched up to trad…
PTI
2 mins read
Rupee trades in narrow range against US dollar in early trade
In Thursday's trading, the Indian rupee experienced a slight decline amid conflicting influences, i…
PTI
2 mins read
Rupee recovers 5 paise from all-time low to 83.65 against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.66, and touched an early …
PTI
3 mins read
Gold and some non-dollar currencies start to shine, but it's not all about de-dollarization
The US dollar is used in about 50% of all global payments and 84% of trade finance contracts — far …
Huileng Tan
2 mins read
Rupee falls 12 paise to 83.56 against US dollar in early trade
The rupee depreciated 12 paise to 83.56 against the US dollar in early trade on Tuesday, weighed do…
PTI
2 mins read
Rupee falls 17 paise to close at 83.60 against US dollar
The rupee depreciated 17 paise against the US dollar and settled at 83.60 (provisional) on Wednesda…
PTI
1 min read
Rupee recovers from all-time low, rises 9 paise to 83.69/USD in early trade
At the interbank foreign exchange market, the local unit opened at 83.72 against the American curre…
PTI
2 mins read
Rupee moves upward for second straight session, rises 6 paise to 83.37 against US dollar in early trade
The rupee stayed on the upward track for the second straight session and appreciated 6 paise to 83.…
PTI
3 mins read
De-dollarization is a fad that will backfire on countries trying to move away from the greenback, currency expert says
Dollar dominance is sticking around for at least the next few decades, one currency expert told Bus…
Jennifer Sor
1 min read
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
2 mins read
FPIs invest Rs 15,352 cr in equities in first two weeks of July
Foreign investors infused Rs 15,352 crore into Indian equities during the first half of this month,…
PTI
2 mins read
Rupee opens flat against US dollar in early trade
At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …