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forex, India
India's Forex Kitty At $634.59 Billion, Gold Reserves Rise By $824 Million
India's foreign exchange reserves fell by $5.7 billion to $634.59 billion for the week ended January 3, data released by the Reserve Bank of India (RBI) on Friday showed. However, gold reserves, which form part of the foreign exchange kitty,
India's forex kitty drops $5.69 billion to $634.58 billion
The reserves have been on a declining trend for the last few weeks, and the drop has been attributed to revaluation along with forex market interventions by RBI to help reduce volatility in the rupee.
India's forex kitty drops USD 5.69 bln to USD 634.58 bln
India's forex reserves dropped by USD 5.693 billion to USD 634.585 billion in the week ended January 3, the Reserve Bank of India said on Friday. In the previous reporting week, the overall kitty had declined by USD 4.
India's forex reserves fall to $634.59 bn as of January 3
India's foreign exchange reserves fell to $634.59 billion as of week ending January 3, 2025, the Reserve Bank of India (RBI) data highlighted on Friday.
7h
Fund Managers See RBI Boosting Liquidity Before India Rate Cuts
India’s central bank may take measures to inject cash in the banking system before it begins to cut interest rates this ...
3h
on MSN
India's FX reserves slump to 10-month low as rupee pressure mounts
India's foreign exchange reserves fell for the fifth consecutive week to a 10-month low of $634.59 billion as of Jan. 3, data ...
Press Trust of India on MSN
1h
Mandatory for banks to offer fixed interest rate product: RBI's FAQs
The RBI on Friday said it is mandatory for banks to offer fixed interest rate product in all equated installment based ...
money.rediff
1h
RBI Makes Fixed Interest Rate Loans Mandatory for Banks
The Reserve Bank of India has mandated that banks offer fixed interest rate options for all personal loan categories. This ...
1h
on MSN
Supreme Court Junks PIL Alleging Kashmir Separatist Group's Money Exchange At RBI Branch
Bhardwaj alleged in 2013 the Jammu branch of the RBI exchanged the currency notes which belonged to a separatist group called ...
cnbctv18
3h
Top govt search panel to hold Interviews for RBI Deputy Governor next week: Sources
Cabinet Secretary T V Somanathan heads the panel and will comprise the RBI Governor Sanjay Malhotra, the DFS Secretary M ...
1d
India's new central bank chief seeks to improve forecasts, sources say
India's new central bank governor Sanjay Malhotra has initiated a review of the Reserve Bank of India's inflation and growth ...
4h
India’s inflation likely eased to 5.3% in December: Mint poll
Economists expect inflation to continue easing in the coming months, increasing the likelihood of a rate cut in the policy ...
ThePrint
1h
SC junks PIL alleging Kashmir separatist group’s money exchange at RBI branch
The Supreme Court on Friday dismissed a PIL alleging the RBI exchanged Rs 30 crore-worth defaced currency notes belonging to a Kashmir separatist group. A bench of Justices Surya Kant and N Kotiswar ...
1d
India's central bank begins unwinding curbs on NBFCs
The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) after they improved their ...
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