How RBI’s gold buying is helping shore up India’s foreign exchange reserves
The RBI maintains that its gold reserves serve primarily to diversify its foreign currency assets portfolio. (AI image) The RBI's...
foreign exchange reserves
Forex reserves drop by record $18 billion in a week
MUMBAI: Foreign exchange reserves fell by nearly $18 billion in the week ending Nov 15-the sharpest fall on record-as global...
Rupee falls to all-time low of 84.40 against US dollar
Rupee declined to an all time low of 84.40 against the US dollar on Thursday, affected by continuous foreign fund...
India’s gold reserve hike to 855 metric tonnes despite global economic slowdown
India’s overall gold reserves, managed by the Reserve Bank of India, stood at 854.73 metric tonnes as per the apex...
RBI report shows India’s forex reserves cover stands at 11.2 months of imports with a slight decline
NEW DELHI: The Reserve Bank of India on Tuesday announced that India’s foreign exchange reserves can cover imports for 11.2...
RBI governor Shaktikanta Das: Rate cut now is very risky
Das has repeatedly said the RBI wants to see inflation settling around the 4% target level on a durable basis...
India’s forex reserves drop by $3.709 billion: RBI
NEW DELHI: India's forex exchange reserves declined $3.709 billion to $701.176 billion in the week ending on October 4, according...