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OVERALL FOREX INTERVENTION
Central banks look through inflation until entrenched, no evidence of second-round effects: Dy Gov Poonam GuptaThe Reserve Bank of India is navigating global economic hurdles and geopolitical tensions. Deputy Governor Poonam Gupta explains the centra...
Rupee hits new low; dwindling forex reserves and dollar surge fuel currency crisis: Naveen MathurIndia's rupee hit a record low as forex reserves fell to a three-year low, covering only 8.7 months of imports. High crude oil prices and a...
Improved forex reserve provided India's policymakers room for manoeuvre: BIS reportBIS is an international financial institution which is owned by member central banks with primary goal to foster international monetary and...
India's forex reserves fall $2.91 billion to $593.2 billion as of June 23India's foreign currency assets, the biggest component of the forex reserves, declined by $2.21 billion to $525.4 billion. The changes in f...
India’s forex reserves rise by $1.727 bn to $573.727 bnThe Foreign Currency Assets stood at $503.65 billion. FCA is a major component of the overall reserves. Expressed in dollar terms, FCA incl...
India’s forex reserves fall to $562.81 billion from $563.49 billionAt the start of 2022, the overall forex reserves were at $633.61 billion and dropped to a two-year low in October. Much of the decline can ...
Rupee an outlier in Asia, but for how long? 82 level soon, says this brokerThe rupee recently came under renewed pressure after the US Fed Chair’s speech at the Jackson Hole Symposium, said BoB Capital Markets. Thi...
India's overall forex reserves to shrink further this year, Deutsche Bank says"If the current account deficit indeed rises to $140 billion, the overall BOP (balance of payment) deficit could be as large as $80 billion...
Have zero tolerance for wild swings in the forex market: RBI Governor Shaktikanta DasThe Reserve Bank of India (RBI) governor Shaktikanta Das on Friday said that the Indian Rupee is holding up well as compared to several dev...
As RBI expands FX intervention toolkit, importers’ hedging cost comes crashingInstead of spot-market intervention alone, the central bank’s intervention strategy in the currency markets is also set to include forwards...
Forex Reserves rise by $563m, inch closer to all-time highThe increase in the reporting week was mainly due to a surge in the value of foreign currency assets (FCAs) and gold reserves held by the R...
Forex intervention by RBI to touch $93 bn by March: ReportSo far this fiscal, the central bank's forex intervention has touched USD 73.7 billion, according to the assessment by Bank of America Secu...
India's forex kitty surges by $758 million to an all-time high of $586.082 billionThe surge in the reporting week was mainly on the back of an increase in the value of foreign currency assets (FCA) held by the central ban...
India's forex kitty surges by $4.4 billion to an all-time high of $585.324 billionThe surge in the reporting week was mainly on the back of an increase in the value of foreign currency assets (FCA) held by the central ban...
Forex reserves up by $1.3 billion on rise in foreign currency assetsExpressed in US dollar terms, foreign currency assets include the effect of appreciation/depreciation of the non-US currencies such as the ...
Forex reserve rises $1.2 billion to $400.5 billionIn the previous week, forex reserves had declined by USD 819.5 million to USD 399.282 billion.
- India Inc urges RBI to help check Rupee slump
Indian Inc today pitched for RBI intervention to stymie the currency slide even as credit rating agency S&P said many corporates stand to b...