India's forex reserves decline, hitting multi-month low, due to RBI intervention to prevent Rupee depreciation.
For the first time, India’s services exports have topped India’s goods exports. That shift has been almost three decades in ...
The Indian rupee has come under pressure in the last few weeks due to various domestic as well as international factors.
India’s foreign exchange reserves continue to decline, extending downhill journey for three months now. In the week that ended December 27, the country’s foreign exchange kitty declined by USD 4.112 ...
Liquidity in the banking system came under pressure due to various factors, such as tax outflows and the RBI’s intervention in the forex market to stabilise the rupee.
The reserves have been declining likely due to RBI intervention aimed at aggressively preventing a sharp depreciation of the ...
India's foreign exchange reserves dropped by $8.478 billion to $644.391 billion for the week ending December 20, marking a ...
The rupee recovered slightly from its record low and settled with a gain of 5 paise at 85.86 against the US dollar on ...
For the week ended December 27, foreign currency assets, a major component of the reserves, decreased by $4.641 billion to $551.921 billion.
The rollout of 5G technology in India is not just enhancing connectivity — it is transforming how financial systems operate.
India's foreign exchange reserves fell for the fourth consecutive week and stood at an eight-month low of $640.28 billion, as ...
Here is how much India’s forex reserves have fallen to, according to the latest RBI data, as they seem to mirror the sliding ...