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India, the reserves
India's forex reserves see sharpest weekly drop on record, hit over four-month low
India's foreign exchange reserves logged their sharpest weekly fall on record to a more-than-four-month low last week, as the dollar strengthened following the U.S. election verdict, and the central bank sold from its reserves to limit the rupee's decline.
India's forex reserves see record USD 17.76 billion dip as rupee hits all-time low
MUMBAI: The nation’s forex reserves have seen the sharpest weekly dip on record, losing a whopping USD 17.76 billion for the week to November 15 as the dollar continued to rally leading to tremendous pressure on the rupee,
India’s forex reserves hit steepest weekly drop on record at over four month low to $657.8 billion; Here’s why
India's foreign exchange (forex) reserves logged their sharpest weekly fall on record to a more-than-four-month low last week, as the dollar strengthened following the U.S. election verdict, and the central bank sold from its reserves to limit the rupee's decline.
India's foreign exchange reserves declined $17.76 billion last week
India's foreign exchange reserves experienced a significant drop of $17.761 billion, settling at $657.892 billion for the week ending November 15, as per RBI's report. This decline, the second consecutive one,
Indian rupee weakens to record low, hurt by persistent outflows, stronger dollar
The rupee hit a low of 84.4975 in early trading, eclipsing its previous all-time low of 84.4925 hit on Thursday (November 21).
Indian rupee hits fresh low amid US dollar rally and ongoing FPI selloff
The Indian rupee fell to 84.50 against the US dollar due to rising dollar strength, FPI selling, and geopolitical tensions. The dollar index surged 3.10% this month, while FPIs withdrew nearly ₹40,000 crore from Indian equities,
8h
India Forex Reserves Record Biggest Weekly Drop Ever
India’s foreign reserves had their biggest weekly fall ever, indicating the central bank likely sold dollars in the market to ...
7h
India ready for global challenges, set to be third-largest economy: Goyal
The Indian currency has held its position as one of the least volatile among major currencies, and the forex reserves stand ...
19h
India Is Abrdn’s Top Asia Bet Next Year in Search for Carry
The Reserve Bank of India’s willingness to defend the rupee makes the country abrdn plc’s top bet in Asia, on the expectation ...
The Financial Express
1d
Don’t hide behind weak currency, CEA tells India Inc.
India’s merchandise exports in October rose 17.3% on-year to $39.2 billion while imports rose 3.88% to $66.34 billion.
10h
How to invest in US stocks from India
Diversification brings added stability, as your investments span beyond local markets. Holding assets in USD can provide currency-related benefits if the rupee depreciates.
2d
on MSN
India strengthening mobile-payment ties with global partners, expanding digital currency efforts: RBI's T Rabi Shankar
India is establishing mobile payment connections with several nations, including Sri Lanka, the UAE, and neighboring ...
9h
India’s forex reserves see sharpest weekly drop on record, hit over four-month low, on stronger dollar, RBI action
Forex reserves have fallen by a total of nearly $30 billion in the last six weeks and are down by $47 billion from the record ...
1d
on MSN
Indian exports not adversely impacted by rupee exchange rate policy, cenbank says
The Reserve Bank of India's approach to managing the rupee's exchange rate has not had an adverse impact on the global ...
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