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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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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   


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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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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   


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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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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   


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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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Rupee falls 3 paise to close at all-time low of 83.66 against US dollar

On Thursday, the rupee depreciated 5 paise and settled at a new low of 83.63 against the US dollar.

PTI   


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Rupee trades in narrow range against US dollar in early trade

At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …

PTI   


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Gold rallies Rs 550; silver jumps Rs 400 amid strong global cues

Gold prices rallied by Rs 550 to Rs 75,700 per 10 grams in the local market on Tuesday on the back …

PTI   


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1 min read

Rupee trades flat 83.49 against US dollar in early session

Powell's testimony offered little new guidance on the US central bank's plans for when it mig…

PTI   


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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   


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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   


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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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1 min read

RBI to allow opening of rupee account outside India

The RBI said it has finalised a strategic action plan for 2024-25 and envisaged liberalisation …

PTI   


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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   


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2 mins read

Rupee sees range-bound trade against US dollar in morning deals

At the interbank foreign exchange market, the local unit opened at 83.52 and gained further to …

PTI   


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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

Rupee opens on flat note against US dollar in early trade

Market participants will keenly watch India's trade balance data due later in the day as any de…

PTI   


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Rupee falls 6 paise to 83.54 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.52 and lost further groun…

PTI