FOREX DATA
Budget 2024: Ahead of Sitharaman’s big announcement, a look at govt’s forex war chest to deal with external shocks India Forex Reserve FY 2023-24 | Finance Minister Nirmala Sitharaman is set to present her seventh Budget in July 2024 amid robust economic indicators, including India's substantial foreign exchange reserves of nearly $654 billion. The Modi 3.0 gove...
02 Jul, 2024, 10.07 AM ISTIndia's forex reserves rise by $816 million to $653.7 bn as on June 21 India's forex reserves increased by $816 million to $653.7 billion as of June 21, compared to a previous contraction of $2.92 billion to $652.9 billion. Foreign currency assets decreased by $106 million to $574.1 billion. Gold reserves rose by $988 ...
29 Jun, 2024, 07.47 AM ISTIndia’s forex reserves dip $2.9 bn to come off all-time record high India's foreign exchange reserves saw a notable decrease of $2.92 billion to reach $652.9 billion as of June 14, according to data from the Reserve Bank of India. This followed a significant increase of $24.3 billion in the previous week, pushing re...
21 Jun, 2024, 05.12 PM IST- ADVERTISEMENT
Travel dominates forex spending abroad: RBI data Outward remittances from India under the liberalised remittance scheme fell by 2% year on year. Travel was the largest chunk of foreign currency outflows in April, with maintenance of close relatives being the second largest reason for remittances. ...
19 Jun, 2024, 06.07 PM ISTForex reserves soar to a new high of $655.8 billion as on June 7 The Reserve Bank of India's foreign exchange reserves reached a record high of $655.8 billion for the second consecutive week, driven by foreign currency assets rising $3.7 billion to $576.3 billion. The increase was likely due to the RBI's dollar p...
14 Jun, 2024, 08.54 PM ISTIndia's forex reserves rise by $4.3 bn to record high of $655.8 bn as of June 7 India's forex reserves reached a record high of $655.8 billion as of June 7, surpassing the previous high of $4.8 billion. Foreign currency assets (FCAs) increased by $3.77 billion to $576.3 billion. Gold reserves increased by $481 million to $56.98...
14 Jun, 2024, 05.15 PM ISTEuro slips to one-month low as Macron calls French election The euro fell as French President Emmanuel Macron called a shock election after far-right gains in European Parliament elections. U.S. nonfarm payrolls data showed job growth exceeding expectations, impacting Fed rate cut expectations.
10 Jun, 2024, 07.48 AM ISTIndia's forex reserves at record $651 billion India's foreign exchange reserves reached a record $651.5 billion as of May 31, 2024, bolstered by robust services exports and strong remittances. RBI Governor Shaktikanta Das highlighted the resilience of India's external sector. The rise in global...
08 Jun, 2024, 09.38 AM ISTIndia’s forex reserves down $2 bn to come off all-time record high India's forex reserves fell by $2 billion to $646.67 billion as of May 24, according to the Reserve Bank of India (RBI). This decline follows a previous increase of $4.54 billion, reaching an all-time high of $648.7 billion on May 17. The reduction ...
31 May, 2024, 05.25 PM ISTRupee slips on importer dollar demand, forward premiums inch up The dollar index slipped below the 104.5 mark, extending its losses from Monday, while most Asian currencies ticked up, with the Korean won up 0.4% and leading gains.
28 May, 2024, 03.49 PM ISTIndia's forex reserves rise to an all time high for week ending on May 17; up by $4.54 bn to $648.7 bn India's forex reserves reached an all-time high of $648.7 billion as of May 17, according to the Reserve Bank of India. This follows a surge of $2.56 billion in the previous week. Foreign currency assets (FCAs) also increased by $3.361 billion to $5...
24 May, 2024, 05.15 PM ISTIndia's forex reserves rise for second straight week, up by $2.56 bn India’s foreign exchange reserves increased by $2.56 billion to $644.15 billion as of May 10, 2024, according to the Reserve Bank of India (RBI). The previous week, reserves rose by $3.66 billion to $641.59 billion. The RBI's Weekly Statistical Supp...
17 May, 2024, 05.09 PM ISTIndia's forex reserves up by $3.66 bn to $641.59 bn as of May 03 after 3 weeks slump India's forex reserves increased by $3.66 billion to $641.59 billion as of May 3, up from a previous contraction of $2.41 billion. Foreign currency assets (FCAs) also surged by $4.45 billion to $564.16 billion. Gold reserves dropped by $653 million ...
10 May, 2024, 05.14 PM ISTAirtel Africa Q4 Results: Net loss at $91 million on forex woes Airtel Africa Q4 Results: In a statement Thursday, Airtel Africa said the board has approved a share buyback programme of up to $100 million over a period of 12 months. The company purchased 7.4 million shares for a total consideration of $9 million...
09 May, 2024, 03.01 PM ISTIndia's forex reserves decline by $2.41 bn to $637.92 bn as of April 26 India's foreign exchange reserves saw a decline of $2.41 billion to $637.92 billion as of April 26, according to the latest data from the Reserve Bank of India (RBI). This follows a previous decrease of $2.83 billion to $640.33 billion for the week ...
03 May, 2024, 05.06 PM ISTIndia's forex reserves down by $2.8 bn to $640.33 bn as of April 19 India's forex reserves dropped by $2.83 billion to $640.33 billion as of April 19, as per the latest Reserve Bank of India data. This decline follows a previous decrease of $5.4 billion to $643.16 billion reported for the week ended April 12, 2024. ...
26 Apr, 2024, 05.11 PM ISTIndia’s forex reserves down $5.4 bn to come off all time record high India's foreign exchange reserves saw a decline of $5.4 billion to $643.16 billion as of April 12, as per the latest data from the Reserve Bank of India (RBI). This followed a surge of $2.9 billion to a record high of $648.56 billion in the previous...
19 Apr, 2024, 05.13 PM ISTIndia's forex reserves up by $140 mn to $642.63 bn as of March 22 India's foreign exchange reserves continued their upward trend, reaching $642.63 billion as of March 22, marking the fifth consecutive weekly increase. The rise amounted to $140 million for the reporting week. Foreign currency assets (FCAs) decrease...
29 Mar, 2024, 05.08 PM ISTIndia's forex reserves hit record high of $642.5 bn: RBI data India's foreign exchange reserves soared to a record high of $642.49 billion by March 15, marking a fourth consecutive weekly increase. Buoyed by robust economic growth projections and substantial overseas investments, the reserves provide a buffer ...
22 Mar, 2024, 05.27 PM ISTIndia's forex reserves jump to over two-year high of $636.1 bn India's foreign exchange reserves saw a substantial increase of $10.47 billion to reach $636.1 billion for the week ending on March 8, as per the latest data released by the Reserve Bank of India (RBI). This follows a previous surge of $6.55 billion...
15 Mar, 2024, 05.54 PM IST