Foreign Exchange Reserves
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ED Says Paytm Violated Foreign Exchange Rules
The Enforcement Directorate (ED) said that Paytm had made a foreign investment in Singapore and did not file the necessary reporting to the Reserve Bank of India (RBI).
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Huge Currency Swap Agreement To Help Maldives On Foreign Exchange Reserves
Prime Minister Narendra Modi on Monday underlined New Delhi's position as a "close friend" of the Maldives and emphasised his government's readiness to respond to medical and economic emergencies as part of its 'neighbourhood first' foreign policy.
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India's Forex Reserve Touches Record High Of $681 Billion
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
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RBI Extends Currency Swap Support For SAARC Nations Until 2027
The Reserve Bank of India (RBI) has extended its currency swap arrangement with SAARC countries until 2027, introducing a revised framework to address short-term foreign exchange liquidity needs and balance of payment crises.
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RBI Sold Net $3.6 Billion In Spot Forex Market In April
The Reserve Bank of India (RBI) sold $3.65 billion on a net basis in the spot foreign exchange market in April, data released on Wednesday as part of the central bank's monthly bulletin showed.
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At USD 642.29 Billion, India's Foreign Exchange Reserves Hit All-Time High
India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.292 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI).
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India's Forex Reserves Surges Past USD 600 Billion Mark After Nearly 4 Months
India's foreign exchange reserves increased to USD 604 billion as on December 1, surpassing the USD 600 billion mark after a gap of about four months.
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Scientists From China And Sri Lanka Conduct Joint "Marine Scientific" Research Onboard Chinese Vessel
According to sources, Sri Lanka was delaying granting permission for the arrival of the vessel due to concerns raised by India. However, there is no official confirmation of the same.
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"A Lack Of Will On...": Ukraine Urges Allies For Action Against Russia
Since Moscow's invasion in February 2022, Western sanctions have led to the freezing of some 300 billion euros of Central Bank of Russia foreign exchange reserves around the world.
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India's Forex Kitty Sees Massive $13 Billion Surge, Reaches $609 Billion
India's forex reserves have swelled by USD 12.743 billion to USD 609.022 billion in the week ended July 14, making it one of the strongest weekly surges in the kitty in recent times, the Reserve Bank of India said today.
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India's Forex Reserves Fall For 2nd Consecutive Week To $589.19 Billion
India's overall foreign exchange reserves declined by USD 4.339 billion to USD 589.138 billion in the week that ended on May 26, 2023, data released by the Reserve Bank of India on Friday showed.
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India's Forex Reserves Hit One-Year High, Rise To Nearly $600 Billion
India's foreign exchange reserves continue to rise and are edging towards USD 600 billion, hitting a nearly one-year high. In the week that ended on May 12 for which data is available, the reserves rose by USD 3.553 billion to USD 599.529 billion.
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Credit Card Spend In Forex To Come Under RBI's Remittance Scheme
Spending in foreign exchange through international credit cards will be covered under the RBI's liberalised remittance scheme (LRS), under which a resident can remit money abroad up to a maximum of USD 2.50 lakh per annum without the authorisation of the Reserve Bank.
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India's Forex Reserves Rise $7.2 Billion To $596 Billion
India's foreign exchange reserves rose by USD 7.196 billion to USD 595.976 billion in the week that ended on May 5, data released by the Reserve Bank of India showed on Friday.
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India's Forex Reserves Jump By USD 7.2 Billion To USD 595.98 Billion
India's foreign exchange reserves jumped by USD 7.196 billion to USD 595.976 billion in the week ended on May 5, the Reserve Bank of India said on Friday.
-
ED Says Paytm Violated Foreign Exchange Rules
The Enforcement Directorate (ED) said that Paytm had made a foreign investment in Singapore and did not file the necessary reporting to the Reserve Bank of India (RBI).
-
Huge Currency Swap Agreement To Help Maldives On Foreign Exchange Reserves
Prime Minister Narendra Modi on Monday underlined New Delhi's position as a "close friend" of the Maldives and emphasised his government's readiness to respond to medical and economic emergencies as part of its 'neighbourhood first' foreign policy.
-
India's Forex Reserve Touches Record High Of $681 Billion
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
-
RBI Extends Currency Swap Support For SAARC Nations Until 2027
The Reserve Bank of India (RBI) has extended its currency swap arrangement with SAARC countries until 2027, introducing a revised framework to address short-term foreign exchange liquidity needs and balance of payment crises.
-
RBI Sold Net $3.6 Billion In Spot Forex Market In April
The Reserve Bank of India (RBI) sold $3.65 billion on a net basis in the spot foreign exchange market in April, data released on Wednesday as part of the central bank's monthly bulletin showed.
-
At USD 642.29 Billion, India's Foreign Exchange Reserves Hit All-Time High
India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.292 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI).
-
India's Forex Reserves Surges Past USD 600 Billion Mark After Nearly 4 Months
India's foreign exchange reserves increased to USD 604 billion as on December 1, surpassing the USD 600 billion mark after a gap of about four months.
-
Scientists From China And Sri Lanka Conduct Joint "Marine Scientific" Research Onboard Chinese Vessel
According to sources, Sri Lanka was delaying granting permission for the arrival of the vessel due to concerns raised by India. However, there is no official confirmation of the same.
-
"A Lack Of Will On...": Ukraine Urges Allies For Action Against Russia
Since Moscow's invasion in February 2022, Western sanctions have led to the freezing of some 300 billion euros of Central Bank of Russia foreign exchange reserves around the world.
-
India's Forex Kitty Sees Massive $13 Billion Surge, Reaches $609 Billion
India's forex reserves have swelled by USD 12.743 billion to USD 609.022 billion in the week ended July 14, making it one of the strongest weekly surges in the kitty in recent times, the Reserve Bank of India said today.
-
India's Forex Reserves Fall For 2nd Consecutive Week To $589.19 Billion
India's overall foreign exchange reserves declined by USD 4.339 billion to USD 589.138 billion in the week that ended on May 26, 2023, data released by the Reserve Bank of India on Friday showed.
-
India's Forex Reserves Hit One-Year High, Rise To Nearly $600 Billion
India's foreign exchange reserves continue to rise and are edging towards USD 600 billion, hitting a nearly one-year high. In the week that ended on May 12 for which data is available, the reserves rose by USD 3.553 billion to USD 599.529 billion.
-
Credit Card Spend In Forex To Come Under RBI's Remittance Scheme
Spending in foreign exchange through international credit cards will be covered under the RBI's liberalised remittance scheme (LRS), under which a resident can remit money abroad up to a maximum of USD 2.50 lakh per annum without the authorisation of the Reserve Bank.
-
India's Forex Reserves Rise $7.2 Billion To $596 Billion
India's foreign exchange reserves rose by USD 7.196 billion to USD 595.976 billion in the week that ended on May 5, data released by the Reserve Bank of India showed on Friday.
-
India's Forex Reserves Jump By USD 7.2 Billion To USD 595.98 Billion
India's foreign exchange reserves jumped by USD 7.196 billion to USD 595.976 billion in the week ended on May 5, the Reserve Bank of India said on Friday.
