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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   


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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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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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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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India's foreign exchange reserves fall to $584.24 billion

India's foreign exchange reserves fell by $2.164 billion to $584.248 billion for the week ending Ap…

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Reliance Power reports Rs 397 cr loss in Q4

The company's total income, however, increased to Rs 2,193.85 crore from Rs 1,853.32 crore a year a…

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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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 post biggest weekly fall in 11 months

India's foreign exchange reserves fell by $8.3 billion to $566.95 billion in the week ended Februar…

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1 min read

Russia is doubling down on its de-dollarization efforts as Putin calls to reduce use of 'toxic' currencies

Russia's use of "toxic" currencies has been slashed in half over the past year, Putin said.

Jennifer Sor   


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2 mins read

G20 to take call on crypto assets, says Nirmala Sitharaman

Amid speculations on regulation or outright banning of crypto assets, Finance Minister Nirmala Sith…

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2 mins read

India's foreign exchange reserves rose by USD 2.6 billion in the week ending May 10: RBI

The country's foreign exchange reserves had hit an all-time high of USD 648.562 billion recently. A…

ANI   


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Rupee settles 4 paise lower at 83.50 against US dollar

The rupee stayed range-bound and settled 4 paise lower at 83.50 (provisional) against the US dollar…

PTI   


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2 mins read

China's quest to turn the yuan into a global currency isn't actually driven by domination. It's about sanctions.

In a recent global survey of 1,660 enterprises, many respondents said their trading partners were u…

Huileng Tan   


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2 mins read

India's forex reserves sufficient to cover 11 months of projected imports

India's foreign exchange reserves which have reached an all-time high are sufficient to cover 11 mo…

ANI   


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India's foreign exchange reserves fall to $573 bn

In the week ended August 5, the fall in the foreign exchange reserves was due to a dip in the F…

PTI   


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Zimbabwe just introduced a new gold-backed currency in an attempt to fight inflation and wean off the US dollar

The gold-backed ZiG is Zimbabwe's sixth attempt at a new currency since 2008.

Huileng Tan   


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2 mins read

At USD 642.292 bn, India's foreign exchange reserves hit all-time high

India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD …

ANI   


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Russia says the West has 'essentially stolen' its foreign currency and gold reserves as the EU eyes asset transfer to Ukraine

Russia accused the West of stealing from Moscow's cash and gold reserves on Monday, while the EU co…

Brian Evans   


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6 mins read

What is Forex? Understanding the market for exchanging foreign currencies

Forex stands for "foreign exchange" and involves trading one currency for another.

Charles Bovaird