India's current account surplus at $7.1 bn in Q4 FY26, aided by robust services exports and remittancesIndia achieved a current account surplus of $7.1 billion in Q4 FY26, driven by robust services exports and remittances. Despite a growing m...
08 Jun, 2026, 05.57 PM IST
RBI ramped rupee defense to record before government bazookaThe Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the rupee. This sig...
08 Jun, 2026, 04.44 PM IST
100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
08 Jun, 2026, 03.29 PM IST
We expect interest rates to be left the way they are: Ficci chief Anant GoenkaFicci president Anant Goenka advocates for steady interest rates, citing supply-side price pressures from the West Asia crisis. He suggests...
04 Jun, 2026, 12.26 AM IST
If oil stays above $100/ barrel and RBI stops managing volatility, Re would be 102 against dollar: Naveen MathurIndia's foreign exchange reserves have dropped significantly as the Reserve Bank of India intervenes to manage rupee volatility. Surging cr...
18 May, 2026, 10.09 AM IST
As PM Modi calls for conserving FX, what steps can India take?India's Prime Minister Narendra Modi calls for conserving foreign exchange due to rising oil prices and a weakening rupee. The nation is ex...
11 May, 2026, 02.36 PM IST
Falling rupee triggers curbs on FX positions; more steps likely to attract dollar inflowsThe Indian rupee fell to 95.28 against the US dollar on Tuesday, breaching the 95/$ mark. This decline has led to speculation that the cent...
06 May, 2026, 06.13 AM IST
Will UAE fight back Iran? US Navy reopens Strait of Hormuz as UAE faces Iranian missile and drone attacksWill UAE fight back Iran? The United States moved to reopen the Strait of Hormuz after Iran launched missile and drone attacks on the UAE a...
05 May, 2026, 01.01 AM IST
Pakistan's economy gasps as Middle East war ignites double-digit inflationPakistan's economy faces a grim future with inflation expected to stay high. Soaring oil prices and regional conflict are straining the nat...
03 May, 2026, 10.27 AM IST
India’s forex reserves rise $2.3 billion to $703.30 billion as of April 17India's foreign exchange reserves increased by $2.3 billion in the week ending April 17, reaching $703.30 billion. This follows a period of...
24 Apr, 2026, 05.22 PM IST
MPC Forex Level: India forex reserves rebound to $697.1 bn as RBI flags volatility managementMPC Forex Level refers to the impact of Monetary Policy Committee decisions on currency exchange rates. Understand how RBI’s interest rate ...
08 Apr, 2026, 10.44 AM IST
India’s forex reserves drop $10.3 billion to $688 billion amid currency stabilisation effortsIndia's foreign exchange reserves have seen a significant drop. In the week ending March 27, reserves fell by over $10 billion. This declin...
03 Apr, 2026, 06.26 PM IST
India's foreign exchange reserves dip by $4.112 billionIndia's foreign exchange reserves decreased by $4.112 billion to $640.279 billion for the week ending December 27. This marks the fourth co...
03 Jan, 2025, 07.36 PM IST
RBI burns $110 billion to arrest rupee's slump; forex reserves dwindle to over two-year lowThe fall in the foreign exchange reserves can be attributed to a fall in the Foreign Currency Assets (FCA), which is a major component of t...
09 Oct, 2022, 02.55 PM IST
India's forex umbrella continues to remain strong despite uncertainty, valuation changes: RBI Governor Shaktikanta DasDas said about 67 per cent of the decline in reserves during this financial year that started Apr. 1 is due to valuation changes arising fr...
30 Sep, 2022, 03.27 PM IST
Forex reserves fall by another $1.152 billionThe reserves stood at $571.560 billion as against the all-time high of $642.453 billion seen on September 3 last year, Reserve Bank of Indi...
29 Jul, 2022, 06.21 PM IST
Forex reserves fall to $580.3 billionThe RBI announced steps to attract capital inflows on July 6, but the measures would take time to foreign currency demand-supply imbalance,...
15 Jul, 2022, 06.40 PM IST