Tag: forex reserves
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Big jump in gold reserves! Not just India’s RBI, central banks around the world are stocking up on gold – here’s why
Globally, central banks' collective gold holdings grew from 26,000 tonnes to 32,000 tonnes during the 15-year period ending 2024. (AI image) RBI has...
Rupee falls to record 85.77 vs $, forex kitty at 8-month low
MUMBAI: The rupee closed at a record low of 85.77 against the dollar on Friday, marking its ninth consecutive week of losses....
Forex kitty dips by $4.11 billion to $640.27 billion
NEW DELHI: India's foreign exchange reserves declined by $4.112 billion to $640.279 billion for the week ending December 27,according to the Reserve...
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...
Forex Reserves climbs to an all-time high of $689.24 billion
NEW DELHI: India's foreign exchange reserves have been on an upward trajectory lately, reaching multiple record highs in recent months. The forex reserves reached...
