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Forex reserves down by $4.531 billion to $629.755 billionIn the previous week ended January 21, the reserves had decreased by USD 678 million to USD 634.287 billion. It touched a lifetime high of ...- Indian govt needs to do more to convince banks, NBFCs to lend to MSMEs: AIIB senior economistAIIB Senior Economist Abhijit Sengupta further said over the last one-and-a-half years, a lot of progress have been made on digitisation, a...
- Forex reserves up by $3.378 bn to record $545.038 bnDuring the reporting week, the forex kitty rose mainly due to an increase in foreign currency assets (FCA), a major component of the overal...
- Average value of rupee to be at Rs 75.98 vs dollar in FY21: ReportThe country's foreign exchange reserves rose to a lifetime high of $517.64 billion in the week ended July 17, 2020 from $476.88 billion at ...
- States' share of market borrowing up at 91% in FY19: ReportIn FY19, states' budgeted fiscal deficit was around 2.5 per cent or Rs 4,86,500 crore and budgeted borrowing from the market stood at Rs 4,...
- Forex reserve hits record high of $424.86 billionIn the previous week, the reserve had surged by $1.828 billion to $424.37 billion.
- Current account deficit seen at 1.2-1.3 per cent of GDP in FY18: IcraIn general terms, CAD refers to the difference between inflow and outflow of foreign exchange that has a bearing on exchange rate.
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