Foreign Exchange
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India's forex reserve jumps $9.9 billion to $716.9 billion, nearing February's record high level
Business | Aug 21, 2026, 11:39 PM ISTIndia's forex reserves surged USD 9.905 billion to USD 716.907 billion in the week ended August 14, RBI data showed. Foreign currency assets and gold reserves rose sharply as India's forex kitty moved closer to its record high.
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Best Currency Exchange Rate Options in Top Cities
Brand Content | Jun 30, 2026, 05:18 PM ISTConvenience at airport forex counters often comes at a premium. From hidden spreads to processing fees, travellers can lose thousands during currency exchange without even realising it.
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OPINION | Why do we need to save foreign exchange?
India | May 12, 2026, 04:38 PM ISTPM Modi has described this US-Iran conflict as one of the biggest global challenges of this decade. He has said that India cannot remain unaffected by the repercussions. He appealed to people to cooperate as they did during the COVID pandemic.
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30M+ Indians Are Travelling Abroad, Why Are Currency Exchange Costs Still So High?
Brand Content | Mar 13, 2026, 04:00 PM ISTHidden markups and spreads raise the real currency exchange cost. Choosing transparent options, such as zero-markup forex cards from providers like Niyo, helps you understand the true cost before you pay.
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India's forex market average daily turnover doubled from USD 32 billion in 2020 to USD 60 bn in 2024
Business | Apr 19, 2025, 04:40 PM ISTFor the week ended April 11, foreign currency assets, a major component of the reserves, rose by USD 892 million to USD 574.98 bn. Expressed in dollar terms, the foreign currency assets include effect of appreciation or depreciation of non-US units like euro, pound andyen held in forex reserves.
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India's forex reserves drop USD 1.98 billion to USD 652.86 billion
Business | Dec 20, 2024, 06:12 PM ISTRBI said gold reserves increased by USD 1.121 billion to USD 68.056 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down by USD 35 million to USD 17.997 billion.
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India’s forex reserves drop for fifth week amid RBI’s possible intervention to support rupee
Business | Nov 08, 2024, 06:53 PM ISTIndia’s foreign exchange reserves declined for the fifth consecutive week, dipping by $2.675 billion to $682.130 billion. This trend may indicate RBI’s market intervention to support the rupee amid currency volatility. Discover how reserve changes impact India’s economy and stability.
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India's foreign exchange reserves jump by USD 7.023 billion to USD 681.688 billion
Business | Aug 31, 2024, 05:50 PM ISTThe apex bank said that gold reserves increased by USD 893 million to USD 60.997 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were up by USD 118 million to USD 18.459 billion.
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India's forex reserves rose by $58 billion cumulatively in 2023
Business | Dec 31, 2023, 10:49 AM ISTIn 2022, India's forex kitty slumped USD 71 billion cumulatively. Gold reserves during the week, however, declined by USD 102 million to USD 474.74 billion.
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Forex kitty drops USD 867 million to USD 593 billion
Business | Sep 22, 2023, 06:47 PM ISTThe reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.
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India's foreign exchange reserves rise USD 4.5 billion to USD 588.78 billion
Business | May 06, 2023, 02:55 PM ISTBusiness news: In October 2021, the country's foreign exchange reserves touched an all-time high of about USD 645 billion. Much of the decline can be attributed to RBI's recent intervention and a rise in the cost of imported goods.
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India's foreign exchange reserves at new over 2-year low amid weak rupee
Business | Oct 29, 2022, 10:05 AM ISTForex reserves India: The Indian rupee has been weakening over the past few weeks to hit fresh new all-time lows as the US dollar strengthened against major global currencies.
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Kay aka Kanishka Lohar releases first Hindi track 'Na Tune Kaha' | Watch Video
Oct 22, 2022, 12:28 PM ISTKay has two more songs in the works before this year ends. A collaboration with Indian social media influencer Manav Chabbra and another Hindi single titled “Mein Jaau Kaha”.
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Rupee snaps 3-day winning streak, drops 10 paise to 74.59/USD
Business | Jul 14, 2021, 04:30 PM ISTHalting its three-day winning run, the rupee on Wednesday declined by 10 paise to close at 74.59 (provisional) against the US dollar.
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India's forex reserves rise by over $3 billion
Business | Jun 19, 2021, 08:04 AM ISTAccording to RBI weekly statistical supplement, the reserves increased to $608.081 billion from $605.008 billion reported for the week ended June 4.
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India's forex reserves cross $500 billion mark
Business | Jun 12, 2020, 09:54 PM ISTIndia's forex reserves cross $500 billion markIndia's forex reserves cross $500 billion markAccording to the RBI's weekly statistical supplement, the overall forex reserves increased to $501.703 billion from $493.480 billion reported for the week ended May 29.
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SEPC for adding more services under export incentive scheme to boost shipments
Business | Nov 10, 2019, 11:30 AM ISTDepending on the nature of services, the government gives duty credit scrips or certificates. The scheme offers reward at 5 per cent or 7 per cent of net foreign exchange earned and covers service providers located in India.
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Rupee slips 4 paise against US dollar in early trade
India | Jun 13, 2019, 11:00 AM ISTAt the Interbank Foreign Exchange, the rupee opened on at 69.33 then fell to 69.38 against the US dollar, showing a decline of 4 paise over its previous closing.
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Foreign exchange reserves rise by USD 1.2 billion to USD 400.5 billion
Business | Sep 21, 2018, 07:50 PM ISTIn the reporting week, foreign currency assets, a major component of the overall reserves, increased by USD 1.055 billion to USD 376.154 billion, as per RBI data.
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Jet Airways female crew member held for smuggling foreign exchange
India | Jan 09, 2018, 09:07 PM ISTA senior DRI official said that during investigation, it was found that she was working with an agent, named Amit Malhotra, a resident of Vivek Vihar area in Delhi.