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2 mins read
Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade
The Indian Rupee hit a new all-time low against the US dollar, reaching 84.40 due to foreign fund o…
PTI
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
2 mins read
Potential Trump win could bolster dollar that could impact India, but RBI to stay focused on India’s needs: Barclays Report
This potential shift has raised concerns for some central banks in emerging markets across Asia, wh…
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
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 …
PTI
2 mins read
Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2024 in USA
The Central Bank Report Cards, published annually by Global Finance since 1994, grade the central b…
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
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
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
3 mins read
Not just Fed, but central banks of these countries also tinkered with rate cuts this week
The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…
1 min read
Crypto currencies have no underlying value, says RBI official
Crypto currencies cannot be referred to as "currencies" as they have no underlying value, a central…
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
1 min read
RBI, Bank Indonesia sign pact to promote use of local currencies for bilateral trade
The Reserve Bank of India and Bank Indonesia (BI) on Thursday signed a Memorandum of Understanding …
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
2 mins read
Vladimir Putin takes aim at the US dollar's dominant position as the world's reserve currency
"To use the dollar as a tool of foreign policy struggle is one of the biggest strategic mistakes ma…
Matthew Fox
2 mins read
Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura
One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…
ANI
3 mins read
India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report
Several enabling forces have come together to energise this revolution. Although internet penetrati…
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 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…