The rupee is stuck around the 95.7-96/dollar range. Why the mismatch with the record forex reserves…
Tag: foreign exchange reserves
India’s forex reserves surge record $44.9 billion to all-time high of $785.7 billion
The latest reserve build-up comes after a sharp turnaround in foreign-currency inflows following the RBI’s measures…
Gold rush: India’s holdings of US Treasuries fall to near 6-year low; points to shift in RBI strategy
The reduction in US government debt holdings has partly been offset by a rise in gold…
Rupee slips 10 paise as stronger dollar and geopolitical jitters outweigh positive cues
Rupee began the week on a weaker note, slipping 10 paise to 95.28 against the US…
Forex measures yield results! FPIs buy record $4.2 billion Indian government bonds in June; reserves may get a boost
Market participants said the tax relief has also strengthened expectations that Indian government bonds could find…
Rupee at 95.74: INR hits all-time low as oil prices pressure economy
The rupee slipped to a fresh all-time low against the US dollar on Wednesday, extending its…
Why PM Modi wants Indians to avoid buying gold for a year
A day after Prime Minister Narendra Modi urged Indians to stop buying gold for a year…
Rahul Gandhi calls PM Modi’s ‘don’t buy gold for a year, WFH’ appeal ‘proof of failure’ | India News
PM Narendra Modi called for judicious use of fuel, postponement of gold purchases and foreign travel,…
India among most resilient large EMs, better placed for future global shocks; policy reforms & strong buffers help: Moody’s
The report points out that India has consistently demonstrated notable strength during periods of global volatility.…
US-Iran conflict: At nearly $700 billion, how India’s forex reserves are a strong armour against global crises
India’s forex reserves have become more balanced over time, with more gold and some diversification beyond…