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1 week, 1 day ago

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

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

1 month 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 Currency Billion Foreign Rbi Low Rupee

1 month, 1 week 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 …

India Billion Foreign Rbi Usd Reserves Foreign Currency Assets

1 month, 2 weeks 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, …

Billion Low Forex

1 month, 2 weeks ago

What Trump's win means for the Indian rupee

Live Mint

Mumbai: The Indian rupee is expected to remain under pressure on the back of a strengthening US dollar as Donald Trump wins the presidential race, experts said, prompting the Reserve Bank of India to curb volatility in the forex market. “However, in a slowing and fragile global economy, we firmly believe that economics is likely to trump politics," said Kanika …

India Market Trump Indian Rbi Rupee Dollar

3 months, 1 week ago

FEMA probe against fund manager: ED seizes ₹12.96 L forex, trace properties in UK

Hindustan Times

MUMBAI: The Enforcement Directorate has seized foreign currency worth around ₹12.96 lakh during searches conducted as part of its FEMA investigation against Viresh Joshi, a former fund manager at Axis Mutual Fund, for alleged contravention of the forex rules. ED initiated its investigation based on an interim order passed by the Securities and Exchange Board of India, which accused Joshi …

India Fema Fund Crore Joshi Allegedly Gains

4 months, 3 weeks ago

Ethiopia receives IMF relief after easing forex curbs

The Hindu

Cash-strapped ased foreign exchange curbs on Monday as part of a broad economic reform package as the International Monetary Fund approved a loan to the Horn of Africa nation seeking a multibillion-dollar bailout. “This a landmark moment for Ethiopia” and the loan is a testament to the country’s “strong commitment to transformative reforms”, IMF Managing Director Kristalina Georgieva said in …

Market Bank Foreign Imf Ethiopia Nbe

5 months, 3 weeks ago

India's Forex Reserves Jump By $816 Million to $653.71 Billion; Details Here

News 18

India’s foreign exchange reserves increased by $816 million to $653.711 billion during the week ended June 21, according to the latest RBI data. According to the latest RBI data released on June 28, India’s gold reserves rose $988 million to $56.956 billion during the week ended June 21, while the special drawing rights fell $57 million to $18.049 billion. For …

India Billion Million Rbi Reserves Forex Reserves

6 months, 2 weeks ago

India's forex reserves hit record high of $651.5 billion as of May 31

Hindustan Times

India's foreign exchange reserves hit a record high of $651.5 billion as of May 31, the governor of the central bank said on Friday. India’s Forex reserves comprise of foreign currency assets, gold, special drawing rights and the RBI’s position with the International Monetary Fund. “Overall, we remain confident of meeting our external financing requirements comfortably.” RBI keeps repo rate …

India Foreign Rbi Reserves

7 months, 2 weeks ago

Avenix Fzco Unveils Ground-breaking Forex Robot Pivlex for Gold Trading, Revolutionizing the M1 Timeframe

ABP News

Dubai, May 7: Avenix Fzco, a pioneer in automated trading solutions, today announced the launch of its new Expert Advisor Pivlex, specifically designed for the Gold market on the M1 timeframe. Avenix Fzco's commitment to innovation is evident in the Pivlex EA's design, which incorporates real-time insights that empower traders to make informed decisions quickly. The launch of this forex …

Trading Dubai Gold Market Forex Fzco Avenix Pivlex

7 months, 2 weeks ago

Zimbabwe’s illegal forex dealers use WhatsApp to find clients, evade police

Al Jazeera

Zimbabwe clamps down on black market trading it blames for devaluing its newly launched ZiG local currency. Harare, Zimbabwe – The entrance to the main gate at the Budiriro shopping centre, a busy mall south of Zimbabwe’s capital Harare, used to be a hive of activity where informal forex dealers had set up makeshift “offices” on the pavement. The stocky …

Market Local Black Zimbabwe Currency Whatsapp Usd

8 months, 2 weeks ago

Ensure pricing transparency: RBI to dealers

New Indian Express

MUMBAI: Reserve Bank governor Shaktikanta Das Monday asked the money and government debt market dealers to work towards better price transparency by ensuring effective market-making and finer pricing for smaller deals so that retail customers won’t be left out. While Fimmda is the Fixed Income Money Market and Derivatives Association of India), the PDAI is the Primary Dealers Association of …

Market Rbi Das

8 months, 2 weeks ago

RBI reiterates need for underlying forex exposure for rupee derivatives transactions

Live Mint

The Reserve Bank of India has reiterated that underlying foreign exchange exposure is necessary for transacting in exchange-traded currency derivatives. According to an RBI circular dated 5 January, which was meant to come into effect from today, both proprietary traders and retail investors were required to show either contracted or anticipated currency exposure to engage in the currency derivatives segments …

Currency Rbi Exposure Exchange Derivatives Underlying

8 months, 2 weeks ago

RBI MPC Keeps Repo Rate Same At 6.5% For 7th Time; FY25 GDP Pegged At 7%, CPI Inflation At 4.5%

News 18

The RBI’s monetary policy committee on Friday decided to keep the repo rate unchanged for the seventh time in a row, at 6.5 per cent. FY25 GDP Growth The Reserve Bank on Friday retained GDP growth forecast of 7 per cent for 2024-25 financial year, lower than the 7.6 per cent expansion estimated for FY24. In its February monetary policy, …

India Policy Growth Inflation Cent Rate Rbi

8 months, 3 weeks ago

Rushpips Unveils Game-Changing Advanced Expert Advisor, Revolutionizing the Trading

ABP News

Dubai, April 2: Today marks a significant milestone in the world of forex trading as Avenix Fzco unveils the Rushpips Expert Advisor, an innovative forex robot designed to transform trading experiences. The Rushpips Expert Advisor utilizes a scalping strategy, which is highly effective in the fast-paced forex market. What sets Rushpips apart is its ability to place pending orders with …

Trading Risk Management Dubai Forex Rushpips Expert

9 months, 4 weeks ago

Zaggle prepaid stock soars 14.5% to touch fresh all-time high; here’s why

Live Mint

The shares of Zaggle Prepaid Ocean Services have been consistently rising in recent trading sessions due to several positive developments. This partnership will involve activities such as sales and distribution, marketing, and campaigning, coupled with Zaggle's expense management services to drive card spends and increase software usage. Additionally, Zaggle will provide Emcure Pharmaceuticals and Benetton India with the Zaggle Save …

Management Company Stock Zaggle

10 months, 1 week ago

India’s forex reserves snap two-week rising streak, drop to $617 billion

Live Mint

India's foreign exchange reserves snapped a two-week gaining streak and stood at $617.23 billion as of February 9, coming off a one-month high, data from the Reserve Bank of India showed on Friday. Foreign exchange reserves also include India's reserve tranche position in the International Monetary Fund. In the week that the foreign exchange data pertains, the rupee fell 0.1 …

India Foreign Rbi

10 months, 1 week ago

Where Can You Find Forex News?

The Hindu

If you will trade the forex market, you should consider reading forex news. It includes news about economic indicators, monetary policy decisions, geopolitical events, and other factors influencing currency exchange rates. Numerous factors, including economic indicators, monetary policy decisions, geopolitical events, market sentiment, and supply and demand dynamics, determine currency exchange rates in the forex market. Traders and investors in …

Policy Market Monetary Policy Impact Economic Trading Technical Analysis

1 year ago

India’s forex reserves hit 20-month high; jump to $615.971 billion: RBI

Live Mint

Amid heavy inflows in Indian debt and equity markets, India's foreign exchange reserves rose for the fifth straight week, reaching an over 20-month high of $615.97 billion as of December 15, according to the data released by the Reserve Bank of India on Friday. The Reserve Bank of India's intervention in forex markets along with valuation changes impact reserves. Foreign …

India Indian Billion Reserve Reserves

1 year, 2 months ago

Navigating the Forex Odyssey with Introducing Brokers (IBs)

Deccan Chronicle

Stepping into the colossal universe of Forex trading can seem like navigating through a perplexing labyrinth for both novice and seasoned traders alike. This is where Introducing Brokers, or in trading vernacular, "IBs", become the unsung heroes of your Forex journey. Unlocking the Enigma of IB Forex Navigating through the maze of "ib forex" trading, the concept of Introducing Brokers …

Market Trading Success Stories Traders Forex Trading Ib Forex Introducing Brokers Ibs

1 year, 5 months ago

India Records 2nd Highest Jump In Forex Reserves Among Major Economies in 2023: RBI Bulletin

News 18

The rain deficit in India is rapidly closing amid a highly cyclone-skewed distribution, and manufacturing and services activity in the country remains in expansion albeit with some sequential moderation in June, according to the RBI’s latest report released on Monday, July 17. It said India’s foreign exchange reserves increased $71.8 billion since October 21, 2022, and stood at $596.3 billion …

India 2023 Rbi Rbi Bulletin Sgx

1 year, 9 months ago

RBI sold net 384 million dollars in Jan 2023 in spot forex market

Live Mint

The Reserve Bank of India sold 384 million dollars in the spot forex market during the month of January 2023. To tame rupee depreciation this fiscal year, RBI has been intervening in the forex market via both spot and forward positions. Meanwhile, the outstanding net forward purchase at the end of the month stood at $21.729 billion. This is compared …

Month Billion Jan Dollar Sold Net Spot Market 2023 Rbi

1 year, 10 months ago

Gold shines bright as US Dollar dips: Fed chairman's inflation comments spark market reaction

India TV News

Gold Rate Today: On the Multi Commodity Exchange, gold futures opened at Rs. Data from the central bank shows that China's gold reserves rose from 64.64 million ounces at the end of December to 65.12 million fine troy ounces at the end of January. Federal Reserve Chair Jerome Powell has stuck to his post-Federal Open Market Committee rhetoric, which has …

Market Gold Fed Rate Powell Us Dollar

2 years ago

Closure of border markets make thousands of people jobless in Pakistan, forex reserves, FDI, textile exports all at dismal low

Op India

Thousands of people are left jobless due to the closure of the market at Taftan, for the last one-year — the border of Iran and Pakistan, reported Pakistani vernacular media Intekhab Daily. A sit-in protest was held in September by regional political parties against the prolonged closure of trade and travelling corridors at Taftan border in Chagai district in Pakistan’s …

Trade Pakistan Border Billion Reported Imran Dawn

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Articles for Forex, search results for market

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

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

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

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

What Trump's win means for the Indian rupee

FEMA probe against fund manager: ED seizes ₹12.96 L forex, trace properties in UK

Ethiopia receives IMF relief after easing forex curbs

India's Forex Reserves Jump By $816 Million to $653.71 Billion; Details Here

India's forex reserves hit record high of $651.5 billion as of May 31

Avenix Fzco Unveils Ground-breaking Forex Robot Pivlex for Gold Trading, Revolutionizing the M1 Timeframe

Zimbabwe’s illegal forex dealers use WhatsApp to find clients, evade police

Ensure pricing transparency: RBI to dealers

RBI reiterates need for underlying forex exposure for rupee derivatives transactions

RBI MPC Keeps Repo Rate Same At 6.5% For 7th Time; FY25 GDP Pegged At 7%, CPI Inflation At 4.5%

Rushpips Unveils Game-Changing Advanced Expert Advisor, Revolutionizing the Trading

Zaggle prepaid stock soars 14.5% to touch fresh all-time high; here’s why

India’s forex reserves snap two-week rising streak, drop to $617 billion

Where Can You Find Forex News?

India’s forex reserves hit 20-month high; jump to $615.971 billion: RBI

Navigating the Forex Odyssey with Introducing Brokers (IBs)

India Records 2nd Highest Jump In Forex Reserves Among Major Economies in 2023: RBI Bulletin

RBI sold net 384 million dollars in Jan 2023 in spot forex market

Gold shines bright as US Dollar dips: Fed chairman's inflation comments spark market reaction

Closure of border markets make thousands of people jobless in Pakistan, forex reserves, FDI, textile exports all at dismal low