Tag: Foreign exchange reserves
India’s Foreign Exchange Reserves Drop by $4.89 Billion: Gold, SDRs, IMF Holdings Decrease
India's foreign exchange reserves took a hit, dropping by a whopping $4.888 billion to $685.729 billion in the week ending May 16, as per the Reserve Bank of India. The overall reserves saw a...
RBI Boosts Liquidity with $10B Forex Swap and OMOs
The Reserve Bank of India (RBI) made a significant announcement on March 5th to address the liquidity crisis in the Indian banking system. Facing the most severe liquidity crunch in over a decade, the...
Forex Reserves Hit 10-Month Low, INR at 86.61 per USD – Times of India
Forex Reserves Plummet to 10-Month Low
Forex reserves in India have taken a sharp nosedive to a 10-month low, standing at $625.9 billion as of January 10, marking a concerning trend of decline over the...
Forex Reserve Decreases to $640.27 Billion: Latest Update – Times of India
India's Foreign Exchange Reserves Drop to $640.27 Billion: A Closer LookIn a recent update from the Reserve Bank of India (RBI) on Friday, it was reported that India's foreign exchange reserves took a significant...