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Articles for Forex, search results for decline

India's Forex Reserves Drop By $1.9 Billion, Hit Near 6-Month Low
Trending News
2 days, 15 hours 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 …

India Foreign Exchange Billion Rupee Reserve Reserves
Recent fall in forex reserves is not sharpest decline: MoS Finance in Lok Sabha
1 week 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 …

India Indian Decline Rupee Reserves
Forex reserves fall by $3.23 billion; Rupee gains 10 paise
1 week, 3 days 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 …

Billion Low Rupee Reserve 10 Paise Paise Forex
India’s Forex Reserves rebound after 8 weeks of decline amid global uncertainty
2 weeks, 1 day 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 …

India Crore Billion Rbi Usd Reserve Forex
India's forex reserve gained $66 billion in 2024, may cover year of projected imports
3 months, 1 week 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 …

India Billion Rbi Reserve Foreign Exchange Reserves Forex Reserves
India's Forex Reserves Fall $2.92 Billion to $652.9 Billion, Gold Holding Falls $1 Billion
6 months ago

India's Forex Reserves Fall $2.92 Billion to $652.9 Billion, Gold Holding Falls $1 Billion

News 18  

After hitting all-time high levels following continuous gains, India’s foreign exchange reserves fell $2.922 billion to $652.895 billion during the week ended June 14, according to the latest data from the Reserve Bank of India. This decline follows a significant increase of $4.307 billion in the previous reporting week, which pushed the reserves to a record high of $655.817 billion …

India Reserves Forex Reserves Billion Gold
India's forex reserves decline USD 2.922 billion to USD 652.895 billion, retreat from record highs: RBI
6 months ago

India's forex reserves decline USD 2.922 billion to USD 652.895 billion, retreat from record highs: RBI

India TV News  

In its latest report, the Reserve Bank of India said that India's foreign exchange reserves witnessed a decline of USD 2.922 billion to reach USD 652.895 billion as of June 14. Specifically, foreign currency assets, a pivotal component of the reserves, decreased by USD 2.097 billion to USD 574.24 billion during the same period, as indicated by the data released …

India Billion Rbi Usd Reserves
RBI can spend $30 billion of forex reserves to defend rupee: Deutsche Bank
1 year, 3 months ago

RBI can spend $30 billion of forex reserves to defend rupee: Deutsche Bank

Live Mint  

Deutsche Bank Thursday said the Reserve Bank of India can spend up to $30 billion from the over $594 billion of forex reserves to defend the domestic currency and even though the country will be left sufficient reserves to take care of import bills for next ten months, reported PTI. The German brokerage said the Indian rupee is trading close …

Indian Prices Report Rbi Deutsche Bank
Rupee slips 10 paise to 82.80 against dollar
2 years ago

Rupee slips 10 paise to 82.80 against dollar

Deccan Chronicle  

MUMBAI: The rupee declined 10 paise to settle at 82.80 against the US dollar on Wednesday as a massive sell-off in domestic equities and risk aversion in global markets dented investor sentiment. On the domestic equity market front, the BSE Sensex ended 635.05 points or 1.03 per cent lower at 61,067.24, while the broader NSE Nifty fell 186.20 points or …

Cent Rupee 10 Paise
Rupee declines 13 paise to 82.75 against dollar
2 years ago

Rupee declines 13 paise to 82.75 against dollar

Deccan Chronicle  

MUMBAI: The rupee depreciated 13 paise to settle at 82.75 against the US dollar on Tuesday as investors turned cautious in view of a negative trend in domestic equities and rising crude prices in the global markets. On the domestic equity market front, the BSE Sensex ended 103.90 points or 0.17 per cent lower at 61,702.29, while the broader NSE …

Rupee 13 Paise
Rupee falls 3 paise to close at 81.71 against US dollar
2 years ago

Rupee falls 3 paise to close at 81.71 against US dollar

Deccan Chronicle  

MUMBAI: The rupee slipped 3 paise to close at 81.71 against the US dollar on Tuesday as rising crude oil prices in the international market weighed on forex market sentiment. At the interbank foreign exchange market, the local unit opened strong at 81.58 but later slipped into the negative territory. Global oil benchmark Brent crude futures surged 2.33 per cent …

3 Paise Local Unit Unit Forex Rupee Slipped Local Unit Forex
Decline in India’s forex reserves largely due to valuation changes arising from appreciating U.S. dollar: FM Sitharaman
2 years, 2 months ago

Decline in India’s forex reserves largely due to valuation changes arising from appreciating U.S. dollar: FM Sitharaman

The Hindu  

The decline in India’s foreign exchange reserves is largely due to the valuation changes arising from an appreciating U.S. dollar, Union Finance Minister Nirmala Sitharaman said. Two-thirds of the decline in reserves is due to valuation changes arising from an appreciating U.S. dollar and higher U.S. bond yields,” Ms. Sitharaman said. “‘Tense’ and ‘uncertain’ geopolitical environment could trigger supply concerns …

India Growth World Bank Sitharaman Imf 2022
More global forex turmoil ahead
2 years, 2 months ago

More global forex turmoil ahead

China Daily  

A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. Huge forex interventions As the world economy is teetering at the edge of still another global recession, the Fed's belated and aggressive tightening is causing huge monetary shocks in the world economy. Nevertheless, these huge forex interventions take place in the most …

Global India China Japan World Crisis Billion
India's Forex Reserves Continuous Decline: Falling Rupee, FPI Outflows Worsen Situation
2 years, 5 months ago

India's Forex Reserves Continuous Decline: Falling Rupee, FPI Outflows Worsen Situation

News 18  

In a third straight week of decline, India’s forex reserves have fallen $5.87 billion in the week ended June 17, amid continued outflow of foreign portfolio investments due to growing concerns over global slowdown. Foreign Investment Outflows FPIs have been incessantly withdrawing money from Indian equities since October 2021, which is depleting India’s foreign exchange reserves majorly. Continuous Rupee Decline …

India Foreign Rbi Rupee Fpi Reserves Decline Falling
‘Rupee fell on spillover effects of strong dollar’
2 years, 7 months ago

‘Rupee fell on spillover effects of strong dollar’

The Hindu  

The rupee’s fall to all-time lows and the decline in India’s forex reserves is not driven by capital outflows, but the spillover effects of a stronger U.S. dollar, senior officials said on Wednesday. While the RBI had been intervening in the forex markets since Monday, the idea was not to hold or aim to keep the rupee at a certain …

Rupee
India Forex Reserves Drop Below USD 600 Billion After 8 Weeks of Decline
2 years, 7 months ago

India Forex Reserves Drop Below USD 600 Billion After 8 Weeks of Decline

The Quint  

A variety of global factors have played a role in the decline of India's forex reserves, including the Russian invasion of Ukraine. Since 24 February, Indian forex reserves lost USD 34 billion or about 5.4 percent, according to NDTV. Global supply chain issues and increases in commodity prices, including those caused by the war in Ukraine, have caused serious inflation …

India Decline Reserves Forex Reserves
India's forex reserves decline by over $1.4 bn
2 years, 11 months ago

India's forex reserves decline by over $1.4 bn

India TV News  

Highlights India's foreign exchange reserves declined by $1.466 billion during the week ended December 31. The Reserve Bank of India's forex reserves decreased to $633.614 billion from $635.080 billion. India's foreign exchange reserves declined by $1.466 billion during the week ended December 31, 2021. The country's forex reserves comprises of foreign currency assets, gold reserves, SDRs, and the country's reserve …

India Billion Imf Reserve Reserves Sdr