Tag: forex reserves

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India’s forex reserves rise $6.992 billion to $692.721 billion in week ended May 23

Forex Reserves (AI image) India's foreign exchange reserves increased by $6.992 billion, reaching $692.721 billion for the week ended May 23, according to...

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...

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