Maintaining robust forex reserves serves as a buffer against global economic shocks, safeguarding domestic stability.
Reserve Bank is expected to cut repo rates in February 2025 and such a decision, it at all taken, is unlikely to be impacted by rupee’s weakness against the dollar, asserted SBI Research in a report.
India's forex reserves rebounded by $1.51 billion to $658.09 billion after an eight-month decline. The Reserve Bank of ...
India's forex reserves rise to $658.091 billion, with FCA at $568.852 billion, gold reserves at $66.979 billion.
Meanwhile, the rupee registered a slight appreciation in the open market, rising from Rs277.25/$ on Friday to Rs277.19/$ on ...
The US dollar index remained around 105.50 last week, briefly dipping below it after stronger-than-expected job data but ...
The Indian rupee closed at Rs 84.6875 on December 6, 2024, weakening 1.49% over the week due to economic slowdown concerns ...
The Indian rupee strengthened on Friday on the back of a softer dollar and after the Indian central bank kept policy rates ...
RBI Governor Shri Shaktikanta Das announced RBI monetary policy on 6 th December 2024: The various decisions taken in the meeting of Monetary Policy Committee are as follows. (RBI Monetary Policy ...
Meanwhile, the Pakistani rupee weakened slightly against the US dollar, depreciating by 0.03% in the inter-bank market. By ...
The Reserve Bank of India (RBI) is launching a new interest rate benchmark, the Secured Overnight Rupee Rate (SORR), to ...
External commercial borrowings and non-resident deposits, on the other hand, witnessed higher net inflows compared to last ...