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forex, Reserve Bank of India and rupee
India's forex reserves slump to 10-month low amid sliding rupee
India's foreign exchange reserves extended their losing streak for a sixth straight week and stood at a 10-month low of $625.87 billion as of Jan. 10, data from the Reserve Bank of India showed on Friday.
India's forex reserves hit 10-month low, rupee faces persistent headwinds
India's foreign exchange reserves have been on a declining trend for six consecutive weeks, standing at a 10-month low of $625.87 billion as of Jan. 10, according to data from the Reserve Bank of India (NS:BOI) (RBI).
India's forex reserves drop by USD 8.714 bln to USD 625.871 bln
India's forex reserves dropped by USD 8.714 billion to USD 625.871 billion in the week ended January 10, the RBI said on Friday. Earlier, the overall kitty dropped by USD 5.693 billion to USD 634.585 billion in the week ended January 3,
4d
on MSN
Plummeting rupee could delay India rate cuts, analysts say
Some analysts are pushing back expectations for interest rate cuts in India as the rupee's slump to record lows fans worries ...
4d
Weakening rupee puts India interest rate cuts in doubt
Currency’s decline and its implications for inflation add to doubts about health of world’s fastest-growing major economy ...
3d
on MSN
Rupee Slide Not A Worry, India's Market Still Shines, Says PHDCCI's Ranjeet Mehta
The stock market's movements are influenced by global factors like U.S. developments, Federal Reserve policies, and ...
6d
India rupee declines past 86/USD on resilient US economy, weak inflows
The Indian rupee dropped past 86 per U.S. dollar for the first time ever on Monday following a blowout U.S. jobs report that ...
2d
Weaker rupee to push India’s import bill: Global Trade Research Initiative
GTRI says depreciating domestic currency will increase India's gold import bill, especially as global gold prices have jumped ...
2d
Short Rupee as India Slowdown Here to Stay, UBS’s Narain Says
UBS Group AG is asking investors to short India’s rupee and go underweight on the country’s stocks.
2d
on MSN
India's RBI sells dollars to support rupee before market open, traders say
The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, ...
2d
Reserve Bank of India rolls out steps to boost Rupee power overseas
The RBI now allows banks to open rupee accounts at overseas branches for non-residents to facilitate rupee ...
4d
Impossible Trinity Is Pushing RBI Toward Relaxing Rupee Grip
The Reserve Bank of India is starting to relent on its tight control of the rupee, acknowledging the ‘Impossible Trinity’ of ...
2d
Weaker rupee to push India's import bill, says Global Trade Research Initiative
Weaker rupee raises import bill, impacts sectors differently, challenges conventional wisdom on currency's impact on exports.
3d
on MSN
Dollar-rupee forward premiums dip after India central bank's liquidity infusion
Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...
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