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RBI FOREX DATA
Central Bank of India mobilises $250 million under FCNR (B) window: CEO Kalyan KumarCentral Bank of India has successfully mobilized $250 million under the RBI's FCNR-B window, surpassing its internal target of $100 million...
Rupee falls 6 paise to 95.42 against US dollar in early tradeThe rupee experienced a six paise decline against the US dollar during early trade. Concurrently, Brent crude oil prices saw a sharp rise, ...
Rupee falls 8 paise to 95.38 against US dollar in early tradeIn early trading on Tuesday, the rupee fell by eight paise against the US dollar, closing at 95.30 from the previous day. Ongoing tensions ...
Rupee falls 8 paise to 95.25 against US dollar in early tradeThe rupee has fallen eight paise to 95.25 versus the US dollar as of Monday, influenced by a strengthening dollar and surging global crude ...
Govt taps inputs from public sector banks to lure foreign capitalGovernment will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap...
Global banks are pulling back credit cards once prized by rich IndiansSeveral offshore banks are becoming reluctant to issue or renew international credit cards for wealthy resident Indians due to India’s 180-...
India's forex reserves jump $10.5 billion to over two-month high of $692.87 billion as of July 31India's foreign exchange reserves saw a significant rise of over ten billion dollars. This surge pushed the nation's reserves to their high...
Liquidity to peak in Sept, but big surplus won't last long: RBIThe Reserve Bank of India will absorb surplus liquidity from a special forex swap facility. This absorption will occur through higher curre...
No case for early closure or extension of swap window: RBIThe Reserve Bank of India will not close the swap window early. Robust foreign currency inflows have strengthened India's balance of paymen...
Will FCNR (B) deposit scheme that's bringing billions of dollars to India end? RBI Governor says thisThe Reserve Bank of India will continue its special FCNR(B) deposit scheme. This scheme has already attracted tens of billions of dollars i...
Rupee opens on flat note, rises 3 paise to 95.34 against US dollar in early tradeThe rupee opened flat and gained three paise against the US dollar in early trade. Dollar demand from importers was negated by a weaker dol...
SBI, HSBC lead FCNR(B) deposit mobilisationForeign currency deposits have significantly increased following a Reserve Bank of India swap facility. State Bank of India and HSBC are le...
RBI sells USD 14.9 bn during Jan-May to check excess volatility in rupeeIn an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-engaging with defaulters to recover...
Banks mobilise $27.99 billion via FCNR deposits since RBI introduced USD-rupee forex swap facilityBanks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks am...
India sees dollar deposit deluge on FCNR(B) waveFCNR(B) deposits accounted for $36.72 billion of the inflows, exceeding the $26 billion mobilised under a similar scheme in 2013, in less t...
RBI's FCNR, forex schemes draw $40.81 billion in inflows so farSignificant capital inflows have been recorded, thanks to the proactive measures taken by India's central bank. The Reserve Bank of India f...
India's forex reserves rise by $6.1 billion to two-month high of $682.35 billion as of July 24India's foreign exchange reserves saw a significant rise of $6.1 billion. This increase brought the total reserves to $682.35 billion as of...