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’s forex reserves jumped $4.307 billion to a new all-time high of $655.817 billion for the week ended June 7, according to the latest RBI data. Gold Reserves and Special Drawing Rights Gold reserves increased by $481 million to $56.982 billion during the week ended June 7. Foreign Currency Assets and IMF Reserve Position For the week ended June 7, …
Two men have been arrested by customs officials at Delhi airport for allegedly smuggling gold and forex worth lakhs by concealing them in rectum in two separate cases, officials said Monday. A detailed personal and baggage search of the passenger resulted in recovery of six pieces of gold, collectively weighing 1.1 kg, wrapped with black colour adhesive tape concealed in …
