India’s forex reserves lowest in 10 months after rupee crashes to all-time low of 86.04 against US dollar
4 days, 15 hours ago

India’s forex reserves lowest in 10 months after rupee crashes to all-time low of 86.04 against US dollar

Live Mint  

India's foreign exchange reserves plunged for the fifth consecutive week to hit a 10-month low of $634.59 billion as of January 3. Data from the Reserve Bank of India showed on Friday that the forex kitty declined by $5.7 billion in the reported week after falling by a cumulative $17.8 billion in the previous three weeks. Forex reserves have been on a declining trend for the last few weeks, and the significant plunge has been attributed to the central bank's revaluation and forex market interventions to help reduce the volatility in the domestic currency unit amid the latest all-time low. Indian rupee falls to record low of 86.04 against US dollar The rupee declined 18 paise to breach the 86 mark against the US dollar for the first time on Friday, January 10, as it failed to resist pressure from a stronger American currency and a huge outflow of foreign funds.

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History of this topic

Rupee falls 1 paisa to 85.87 against U.S. dollar in early trade
Trending News
5 days, 1 hour ago

Rupee falls 1 paisa to 85.87 against U.S. dollar in early trade

The Hindu  

The rupee dipped 1 paisa to 85.87 against the U.S. dollar in early trade on Friday due to a firm American currency and massive outflow of foreign capital. Higher crude oil prices overseas also weighed on the Indian currency though it found some support tracking positive cues from domestic equity markets, forex traders said. At the same time, they said, …

Forex reserves slide to 10-month low as rupee hits new law of 85.97
5 days, 7 hours ago

Forex reserves slide to 10-month low as rupee hits new law of 85.97

New Indian Express  

Amid the rapidly weakening rupee, the Reserve Bank continued to sell dollars to prevent it from falling to the psychologically sensitive 86-mark. The reserves fell to a 10-month low of $634.59 billion for the week ending January 3, losing $5.7 billion from the previous week, data from the Reserve Bank showed on Friday. The reserves also lost due to the …

Forex reserves drop by $4.11 billion to $640.27 billion: RBI
1 week, 4 days ago

Forex reserves drop by $4.11 billion to $640.27 billion: RBI

Live Mint  

India's forex reserves dropped by USD 4.112 billion to USD 640.279 billion during the week ended December 27, the Reserve Bank said on Friday. The forex reserves had increased to an all-time high of USD 704.885 billion in end-September. For the week ended December 27, foreign currency assets, a major component of the reserves, decreased by USD 4.641 billion to …

India's forex reserves drop by $ 4.112 billion to $640.279 billion in December, says RBI
1 week, 5 days ago

India's forex reserves drop by $ 4.112 billion to $640.279 billion in December, says RBI

India TV News  

On Friday, the Reserve Bank of India said the country’s forex reserves dropped by USD 4.112 billion to USD 640.279 billion in the week that ended on December 27. Last week, the country's forex reserves dropped by a further USD 8.478 billion to USD 644.391 billion for the week ended December 20, the RBI said on Friday. For the week …

Rupee ends at record closing low for seventh straight session
Trending News
1 week, 6 days ago

Rupee ends at record closing low for seventh straight session

Live Mint  

By Jaspreet Kalra MUMBAI - The Indian rupee weakened slightly on Wednesday, pressured by dollar bids from importers, which pushed the currency to a record closing low for the seventh consecutive session and affirmed the depreciation bias on the local unit. While the first trading session of 2025 was relatively lacklustre, traders expect the rupee to remain under pressure in …

India’s forex reserves drop $8 bn to $644 bn over revaluation, RBI interventions on rupee volatility
2 weeks, 4 days ago

India’s forex reserves drop $8 bn to $644 bn over revaluation, RBI interventions on rupee volatility

Live Mint  

Mumbai, Dec 27 The country's forex reserves dropped by a further USD 8.478 billion to USD 644.391 billion for the week ended December 20, the RBI said on Friday. In the previous reporting week, the reserves had dropped by USD 1.988 billion to a six-month low of USD 652.869 billion. For the week ended December 20, foreign currency assets, a …

India's forex reserves drop by USD 8.478 billion to USD 644.391 billion
2 weeks, 5 days ago

India's forex reserves drop by USD 8.478 billion to USD 644.391 billion

India TV News  

The country's forex reserves dropped by a further USD 8.478 billion to USD 644.391 billion for the week ended December 20, the RBI said on Friday. In the previous reporting week, the reserves had dropped by USD 1.988 billion to a six-month low of USD 652.869 billion. For the week ended December 20, foreign currency assets, a major component of …

India’s forex reserves drop $2 bn to $653 bn in December; RBI estimates 11-months of import amid multi-month low
3 weeks ago

India’s forex reserves drop $2 bn to $653 bn in December; RBI estimates 11-months of import amid multi-month low

Live Mint  

India's foreign exchange reserves are sufficient to meet over 11 months of import needs and nearly 96 per cent of external outstanding debt requirements as of the end of June 2024, reported the news agency ANI citing the Reserve Bank of India on Tuesday, December 24. The forex reserves rose $6.4 billion in the financial year 2024-25 to $652.9 billion …

The bad and good of rupee weakening against dollar
3 weeks, 1 day ago

The bad and good of rupee weakening against dollar

India Today  

The rupee, on December 19, fell to a record low against the dollar, breaching the 85 mark for the first time. Although the rupee has been seeing much volatility in recent months, it saw a big drop against the dollar ever since Donald Trump won the US presidential election, falling from 84.11 to a dollar on November 5 to 85.07 …

India's Forex Reserves Drop By $1.9 Billion, Hit Near 6-Month Low
Trending News
3 weeks, 3 days ago

India's Forex Reserves Drop By $1.9 Billion, Hit Near 6-Month Low

ABP News  

India's foreign exchange reserves decreased by $1.9 billion to $653 billion in the week ending December 13, marking a six-month low, according to the latest data from the Reserve Bank of India. India's foreign exchange reserves had reached a record high of $705 billion in the week ending September 27. However, reserves have declined by $52 billion in the current …

Markets decline in early trade amid unabated foreign fund outflows
Trending News
3 weeks, 5 days ago

Markets decline in early trade amid unabated foreign fund outflows

The Hindu  

Equity benchmark indices Sensex and Nifty declined in early trade on Friday amid unabated foreign fund outflows and concerns over the US Federal Reserve signalling fewer rate cuts next year. The 30-share BSE benchmark Sensex declined 214.08 points to 79,003.97 in early trade. “The FII buying witnessed in early December is getting reversed now with this week’s selling reaching ₹12,229 …

India's forex reserves drop USD 1.98 billion to USD 652.86 billion
3 weeks, 5 days ago

India's forex reserves drop USD 1.98 billion to USD 652.86 billion

India TV News  

India's forex reserves dropped by USD 1.988 billion to USD 652.869 billion for the week ended December 13, the Reserve Bank of India said on Friday. In the previous reporting week, the overall reserves had dropped by USD 3.235 billion to USD 654.857 billion. For the week ended December 13, foreign currency assets, a major component of the reserves, decreased …

Rupee falls 14 paise to close at all-time low of 85.08 against U.S. dollar
3 weeks, 5 days ago

Rupee falls 14 paise to close at all-time low of 85.08 against U.S. dollar

The Hindu  

The rupee dropped 14 paise and breached the crucial 85 level to close at an all-time low of 85.08 against the U.S. dollar on Thursday, as a hawkish stance from the U.S. Federal Reserve sparked a broad dollar rally. Forex traders said the Indian rupee breached the 85-mark for the first time and fell to a new record low on …

Market falls sharply as Fed indicates low interest rate cut in 2025
3 weeks, 6 days ago

Market falls sharply as Fed indicates low interest rate cut in 2025

New Indian Express  

MUMBAI: India’s equity market fell sharply on Thursday following a cautious Federal Reserve commentary and weak global cues. At Thursday’s close, the Sensex was down 964.15 points or 1.20% at 79,218.05 while Nifty fell 247.15 points or 1.02% to settle at 23,951.70. The selling intensified on Thursday after the US Federal Reserve gave a hawkish commentary on future rate cute. …

Markets decline in early trade amid foreign fund outflows; all eyes on U.S. Fed interest rate decision
4 weeks ago

Markets decline in early trade amid foreign fund outflows; all eyes on U.S. Fed interest rate decision

The Hindu  

Benchmark indices Sensex and Nifty declined in initial trade on Wednesday amid foreign fund outflows and caution ahead of the U.S. Fed interest rate decision. The 30-share BSE benchmark Sensex went down by 149.31 points to 80,535.14 in early trade. Foreign Institutional Investors offloaded equities worth Rs 6,409.86 crore on Tuesday, according to exchange data. Falling for the second day …

Stock market crash: 3 reasons why Sensex, Nifty are under pressure today
4 weeks ago

Stock market crash: 3 reasons why Sensex, Nifty are under pressure today

India Today  

The Sensex and Nifty continued their downward slide for the third consecutive session on Wednesday, as global and domestic factors weighed heavily on investor sentiment. The benchmark indices fell ahead of the US Federal Reserve's policy announcement later today, with market participants closely watching for hints on future interest rate moves. KEY REASONS BEHIND THE FALL Global pressure ahead of …

Indian Rupee Decline: Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar
4 weeks, 1 day ago

Indian Rupee Decline: Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar

The Hindu  

The rupee dropped 1 paisa to hit a new lifetime low of 84.92 against the U.S. dollar in early trade on Tuesday, weighed down by foreign fund outflows and a muted trend in domestic equities. “The Indian rupee is expected to open at its lowest after a record number in respect of imports and a record trade deficit for November …

Recent fall in forex reserves is not sharpest decline: MoS Finance in Lok Sabha
4 weeks, 1 day ago

Recent fall in forex reserves is not sharpest decline: MoS Finance in Lok Sabha

Live Mint  

New Delhi, December 16 : The government on Monday clarified that the recent decline in India's foreign exchange reserves is not the highest decline in the country's history. Minister of State for Finance, Pankaj Chaudhary, stated in a written reply in the Lok Sabha that the reserves declined by 2.63 per cent during the week ending November 15, 2024, compared …

Indian rupee to face renewed pressure as US yields climb
4 weeks, 2 days ago

Indian rupee to face renewed pressure as US yields climb

Live Mint  

By Nimesh Vora MUMBAI, Dec 16 - The Indian rupee, having witnessed slight relief late last week, is likely to come under renewed strain on Monday on the back of a further rise in U.S. Treasury yields. "With inflation remaining sticky, and President-elect Trump looking to strengthen the U.S. growth performance, the Fed is set to signal a more cautious …

Forex reserves fall by $3.23 billion; Rupee gains 10 paise
1 month ago

Forex reserves fall by $3.23 billion; Rupee gains 10 paise

New Indian Express  

MUMBAI: With the rupee hitting a new low of 84.88 to the dollar last week, the Reserve Bank of India continued selling the greenback, resulting in a further decline in forex reserves by $3.23 billion, bringing them to $654.86 billion for the week ending December 6. According to the weekly statistical supplement released by the central bank on Friday, foreign …

Rupee hits record low, RBI intervention counters bearish tilt
1 month ago

Rupee hits record low, RBI intervention counters bearish tilt

Live Mint  

By Jaspreet Kalra MUMBAI, Dec 12 - The Indian rupee fell to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for the U.S. dollar in the non-deliverable forwards market, while the central bank's intervention helped prevent sharp losses. The dollar index was little changed at 106.5, unfazed by the elevated odds of a December …

Rupee falls 2 paise to all-time low of 84.87 against U.S. dollar in early trade
1 month ago

Rupee falls 2 paise to all-time low of 84.87 against U.S. dollar in early trade

The Hindu  

The rupee fell 2 paise to all-time low of 84.87 against the U.S. dollar in early trade on Wednesday, amid rising expectations of a shift in the Reserve Bank’s monetary policy stance post the appointment of Sanjay Malhotra as the new RBI Governor. At the interbank foreign exchange, the rupee opened at 84.87, its all-time low against the greenback, registering …

Rupee falls 7 paise to 84.73 against US dollar in early trade
1 month ago

Rupee falls 7 paise to 84.73 against US dollar in early trade

The Hindu  

The rupee fell 7 paise to trade at 84.73 against the U.S. dollar in early trade on Monday dragged down by foreign fund outflows and a muted trend in domestic equities. At the interbank foreign exchange, the rupee opened at 84.70 against the greenback, then touched 84.73 in the initial trade, registering a fall of 7 paise over its previous …

India’s Forex Reserves rebound after 8 weeks of decline amid global uncertainty
1 month, 1 week ago

India’s Forex Reserves rebound after 8 weeks of decline amid global uncertainty

Live Mint  

India's foreign exchange reserves have seen a resurgence after an eight-week decline that pushed them to multi-month lows. According to data released by the Reserve Bank of India earlier this week, reserves increased by USD 1.51 billion, reaching USD 658.091 billion for the week ending November 29. This recovery follows a sustained dip from September's all-time high of USD 704.89 …

Forex reserves jump $1.51 bn to $658.091 bn
1 month, 1 week ago

Forex reserves jump $1.51 bn to $658.091 bn

Deccan Chronicle  

Mumbai: India's forex reserves increased by USD 1.51 billion to USD 658.091 billion for the week ended November 29, the RBI said on Friday. For the week ended November 29, foreign currency assets, a major component of the reserves, increased by USD 2.061 billion to USD 568.852 billion, the data released on Friday showed. Gold reserves decreased by USD 595 …

After 7 weeks of losses, forex kitty adds $1.5 billion; rupee gains on RBI action
1 month, 1 week ago

After 7 weeks of losses, forex kitty adds $1.5 billion; rupee gains on RBI action

New Indian Express  

MUMBAI: For the first time in eight weeks, India's forex reserves have increased by a modest $1.51 billion, reaching $658.091 billion for the week ending November 29, after a loss of over $50 billion in the previous seven weeks. According to the weekly statistical supplement issued by the Reserve Bank Friday, the forex kitty made the first recovery in eight …

India’s foreign exchange reserves decline for eighth consecutive week
Trending News
1 month, 2 weeks ago

India’s foreign exchange reserves decline for eighth consecutive week

Live Mint  

New Delhi, December 1 : India's foreign exchange reserves slumped for an eighth consecutive week to hit a multi-month low of USD 656.582 billion in the week that ended on November 22, data from the Reserve Bank of India showed. The latest RBI data showed that India's foreign currency assets, the largest component of forex reserves, stood at USD 566.791 …

India’s forex reserves hit 5-month low of $656 billion, drop by $47 billion in 7 weeks; Rupee crashes to 8-month low
Trending News
1 month, 2 weeks ago

India’s forex reserves hit 5-month low of $656 billion, drop by $47 billion in 7 weeks; Rupee crashes to 8-month low

Live Mint  

India's foreign exchange reserves extended losses for the eighth consecutive week to hit a five-month low after dropping by $47 billion cumulatively in the last seven weeks. The forex reserves dropped by $1.31 billion to $656.582 billion for the week ended November 22, Reserve Bank of India data showed on Friday. Forex traders said dollar demand from importers for meeting …

India's forex reserves drop USD 1.31 billion to USD 656.58 billion as of November 22: RBI
1 month, 2 weeks ago

India's forex reserves drop USD 1.31 billion to USD 656.58 billion as of November 22: RBI

India TV News  

India's forex reserves dropped USD 1.31 billion to USD 656.58 billion for the week ended November 22, the Reserve Bank of India said. For the week ended November 22, foreign currency assets -- a major component of the reserves -- decreased USD 3.043 billion to USD 566.791 billion, the data, which was released on Friday, showed. India's reserve position with …

India’s forex reserves hit steepest weekly drop on record at over four month low to $657.8 billion; Here’s why
1 month, 3 weeks ago

India’s forex reserves hit steepest weekly drop on record at over four month low to $657.8 billion; Here’s why

Live Mint  

India's foreign exchange reserves fell to a more-than-four-month low last week, marking the sharpest weekly fall on record, dragged by a stronger US dollar following the US election verdict. It also indicated the Reserve Bank of India likely sold dollars in the market to support the local currency and limit its further decline after it dropped to a record low …

India rupee to lean on central bank help; bonds to track US peers
1 month, 4 weeks ago

India rupee to lean on central bank help; bonds to track US peers

Live Mint  

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI, Nov 18 - The Indian rupee will rely on the central bank's help to counter headwinds this week, as the possibility of slower Federal Reserve interest rate cuts and expectations surrounding Donald Trump's policies boost the dollar and U.S. bond yields. A sharp rise in the dollar and elevated U.S. bond yields since …

India’s forex reserves fall for sixth straight week to hit 3-month low of $675.6 billion, down $29 billion from peak
1 month, 4 weeks ago

India’s forex reserves fall for sixth straight week to hit 3-month low of $675.6 billion, down $29 billion from peak

Live Mint  

India's foreign exchange reserves dropped for a sixth consecutive week to a near 3-month low of $675.65 billion as of Nov. 8, data from the Reserve Bank of India showed on Friday. In the previous reporting week, the forex reserves had dropped by USD 2.675 billion to USD 682.13 billion. For the week ended November 8, foreign currency assets, a …

Rupee falls to all-time low against US dollar
2 months ago

Rupee falls to all-time low against US dollar

Deccan Chronicle  

Mumbai: The rupee slipped 2 paise to an all-time low of 84.40 against the US dollar in early trade on Tuesday, as persistent foreign fund outflows and strength of the American currency in the overseas market dented investors' sentiments. Forex traders said the rupee is expected to trade between 83.80 and 84.50 in the medium term with the Reserve Bank …

Rupee falls to an all-time low as Donald Trump win pressures Asian currencies
2 months ago

Rupee falls to an all-time low as Donald Trump win pressures Asian currencies

Hindustan Times  

The rupee weakened to a record low on Monday, November 11, 2024 after worries regarding Donald Trump's victory in the US presidential elections pressured Asian currencies and also triggered outflows from the Indian stock market, according to a Reuters report. However, a Bloomberg report said that the RBI was ready to let the rupee weaken in tandem with the Chinese …

Rupee falls to all-time low of 84.38 against US dollar
2 months ago

Rupee falls to all-time low of 84.38 against US dollar

Deccan Chronicle  

The rupee slipped 1 paisa to an all-time low of 84.38 against the US dollar in early trade on Monday, weighed down by persistent foreign fund outflows and a muted trend in domestic equities.Forex traders said the rupee is likely to remain under pressure unless there is a softening in the dollar index or a slowdown in foreign fund outflows.At …

Rupee plunges to all-time low of 84.38 against US dollar
Trending News
2 months ago

Rupee plunges to all-time low of 84.38 against US dollar

India Today  

The rupee hit a record low against the US dollar on Monday, as concerns surrounding the recent victory of Donald Trump in the US elections put Asian currencies under pressure. FOREIGN INVESTORS PULL MONEY FROM INDIAN STOCKS Foreign investors have been offloading Indian stocks at a notable pace, adding further pressure on the rupee. Market experts say the rupee could …

India’s forex reserves drop for fifth week amid RBI’s possible intervention to support rupee
2 months, 1 week ago

India’s forex reserves drop for fifth week amid RBI’s possible intervention to support rupee

India TV News  

India’s foreign exchange reserves fell for the fifth consecutive week, falling $2.675 billion to $682.130 billion in the week ended November 1, according to RBI data. The record reserves of $704.885 billion are slowly dwindling, likely due to RBI intervention to support the rupee. Reserve levels falling after all-time highs Recent reserve declines that peaked last month included $3.7 billion, …

Forex reserves dip for fifth week to over two-month low, rupee slides to record low
2 months, 1 week ago

Forex reserves dip for fifth week to over two-month low, rupee slides to record low

New Indian Express  

MUMBAI: The foreign exchange reserves continued to fall for the fifth consecutive week to an over two-month low of $682.13 billion for the week ending November 1, dropping by $2.7 billion as the central bank continued to defend the unit which has been under continuous assault by the dollar. Since the peak it climbed in the week to September 27, …

Indian rupee touches all-time low due to equity outflows from domestic market; US elections in focus
2 months, 1 week ago

Indian rupee touches all-time low due to equity outflows from domestic market; US elections in focus

Live Mint  

The Indian rupee reached an all-time low on Monday, November 4, as the continuous outflow from local stocks eased the impact of a weaker dollar. The news agency Reuters reported that it also helped lift the dollar's regional peers ahead of the U.S. presidential elections. According to the report, the Indian rupee closed at 84.1150 against the U.S. dollar after …

Central Banks' Reserves Offer Shield as Dollar's Strength Contributes to Asian Pressure
2 months, 2 weeks ago

Central Banks' Reserves Offer Shield as Dollar's Strength Contributes to Asian Pressure

Live Mint  

A $6.4 trillion FX reserve pile in Asia is providing central banks with ammunition to fight the dollar's strength stemming from the US presidential election. The reserve pile gives Asian economies a buffer against capital outflows and constraints to their monetary policy room. However, strategists expect losses in Asian currencies if Trump returns to power and reignites a trade war.

India's Forex Reserves Soar to $704.885 Billion, Breaking Record Milestone
3 months, 1 week ago

India's Forex Reserves Soar to $704.885 Billion, Breaking Record Milestone

Live Mint  

India's foreign exchange reserves have reached a new milestone, crossing the $700 billion mark for the first time. This surge has been driven by valuation gains and dollar purchases made by the RBI. India is now only the fourth economy in the world to reach this significant milestone, joining China, Japan, and Switzerland.

Stock markets: Sensex falls 91 points, Nifty declines over 27 points to 25,356 in early trade
3 months, 4 weeks ago

Stock markets: Sensex falls 91 points, Nifty declines over 27 points to 25,356 in early trade

India TV News  

Stock markets update: Equity benchmark indices declined in early trade on Tuesday amid weak trends in Asian markets and unabated foreign fund outflows. Rupee against dollar Meanwhile, the rupee appreciated 2 paise to 83.84 against the US dollar in early trade on Tuesday, helped by a weak greenback against major crosses overseas and lower crude oil prices in international markets. …

Rupee flat as oil firms' dollar bids offset impact of rise in Asia FX
3 months, 4 weeks ago

Rupee flat as oil firms' dollar bids offset impact of rise in Asia FX

Hindustan Times  

MUMBAI - The Indian rupee was little changed on Monday, wedged between oil companies' dollar demand and a rise in its Asian peers on the back of heightened odds of a 50 basis point U.S. rate cut later this week. Rupee flat as oil firms' dollar bids offset impact of rise in Asia FX The rupee was at 83.8925 against …

India's forex reserve gained $66 billion in 2024, may cover year of projected imports
3 months, 4 weeks ago

India's forex reserve gained $66 billion in 2024, may cover year of projected imports

India TV News  

India's foreign exchange reserves have been increased by $66 billion this year as it continue to rise for months, hitting several all-time highs. In contrast, India's foreign exchange reserves saw a decline of $ 71 billion in 2022. Forex reserves, or foreign exchange reserves, are assets held by a nation's central bank or monetary authority. Foreign exchange reserves are generally …

Rupee trades in narrow range against U.S. dollar in early trade
4 months ago

Rupee trades in narrow range against U.S. dollar in early trade

The Hindu  

The rupee traded in a narrow range on Monday and appreciated 1 paisa to 83.94 against the American currency, amid a muted trend in domestic equities. Forex traders said easing crude oil prices and overall weakness in the dollar index supported the rupee, but the Reserve Bank's active intervention kept the rupee in a tight range. "The RBI has been …

Rupee rises 11 paise to 83.84 against U.S. dollar in early trade
4 months, 3 weeks ago

Rupee rises 11 paise to 83.84 against U.S. dollar in early trade

The Hindu  

The Indian rupee appreciated 11 paise to 83.84 against the U.S. dollar in early trade on Monday, mirroring a positive momentum in domestic equities and fresh foreign fund inflows. “The rupee emerged as the least volatile among its peer currencies, a testament to the RBI’s decisive actions, which were further reflected in the nearly $5 billion dip in India’s Forex …

India's forex reserves drop by $4.8 billion to $670.11 billion
4 months, 4 weeks ago

India's forex reserves drop by $4.8 billion to $670.11 billion

Hindustan Times  

India's forex reserves dropped by USD 4.8 billion to USD 670.119 billion for the week ended August 9, the Reserve Bank of India said on Friday. India's forex reserves dropped by USD 4.8 billion to USD 670.119 billion for the week ended August 9 In the previous reporting week, the kitty jumped by USD 7.533 billion to an all-time high …

Rupee trades in narrow range against US dollar in early trade
5 months ago

Rupee trades in narrow range against US dollar in early trade

Hindustan Times  

The rupee witnessed range-bound trading in initial deals against the US dollar on Monday, as market participants remained on the sidelines ahead of the release of key domestic macroeconomic data. "The Indian rupee is expected to be calm as the Reserve Bank continues to buy dollars at lower levels and sell a smaller quantity to keep rupee in a small …

Forex kitty crosses USD 670 billion, but rupee falls by two paise
5 months, 2 weeks ago

Forex kitty crosses USD 670 billion, but rupee falls by two paise

New Indian Express  

MUMBAI: The nation’s forex reserves have touched a new all-time high of $670.86 billion for the week ending July 19, adding $4 billion from the previous week, as foreign funds continue to flow in the country after the government bond inclusion into a global debt index last month. According to the weekly statistical supplement issued by the Reserve Bank Friday, …

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