Tag: forex reserves

RBI raises interest rate ceiling on FCNR(B) deposits to attract capital flows

In order to attract more capital inflows, the RBI has decided to increase the interest rate ceilings on Foreign Currency

India’s foreign exchange (forex) reserves dropped for a seventh consecutive week to hit an over four-month low of $657.892 billion

The Reserve Bank of India’s yen for gold seems unstoppable, notwithstanding the increase in price of the yellow metal. This

India’s foreign exchange reserves dipped below the $700 billion mark in the week ended October 11th after staying above this

India’s forex reserves jumped $12.58 billion on week, breaching $700 billion mark for the first time, standing at $704.88 billion

India’s foreign exchange reserves position seems to be within striking distance of the $700 billion mark, with its reserves touching

India’s foreign exchange reserves have surged to a record high, reaching a new peak of $666.85 billion, according to data

India’s foreign exchange reserves jumped $4.307 billion to touch a new lifetime high of $655.817 billion during the week that

The United States is merrily chipping away at the pillars that hold up the dollar as the world’s reserve currency,

The rupee was trading in a narrow range against the US dollar in early trade on Monday, tracking a weak