Tag: foreign exchange reserves
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How RBI’s gold buying is helping shore up India’s foreign exchange reserves
The RBI maintains that its gold reserves serve primarily to diversify its foreign currency assets portfolio. (AI image) The RBI's strategic gold buying...
RBI report shows India’s forex reserves cover stands at 11.2 months of imports with a slight decline
NEW DELHI: The Reserve Bank of India on Tuesday announced that India’s foreign exchange reserves can cover imports for 11.2 months based...
RBI governor Shaktikanta Das: Rate cut now is very risky
Das has repeatedly said the RBI wants to see inflation settling around the 4% target level on a durable basis before considering a...
India’s forex reserves drop by $3.709 billion: RBI
NEW DELHI: India's forex exchange reserves declined $3.709 billion to $701.176 billion in the week ending on October 4, according to the...
