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  30M+ Indians Are Travelling Abroad, Why Are Currency Exchange Costs Still So High?

  Brand Content | March 13, 2026 16:00 IST

  Hidden 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 | April 19, 2025 16:40 IST

  For 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 | December 20, 2024 18:12 IST

  RBI 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 | November 08, 2024 18:53 IST

  India’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 | August 31, 2024 17:50 IST

  The 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 | December 31, 2023 10:49 IST

  In 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 | September 22, 2023 18:47 IST

  The 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 14:55 IST

  Business 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 | October 29, 2022 10:05 IST

  Forex 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

  October 22, 2022 12:28 IST

  Kay 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 | July 14, 2021 16:30 IST

  Halting 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 | June 19, 2021 8:04 IST

  According 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 | June 12, 2020 21:54 IST

  India'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 | November 10, 2019 11:30 IST

  Depending 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 | June 13, 2019 11:00 IST

  At 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 | September 21, 2018 19:50 IST

  In 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 | January 09, 2018 21:07 IST

  A 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.

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  India's forex down by $1.13 bn

  May 14, 2016 19:06 IST

  India's foreign exchange reserves went down by $1.13 billion to $361.99 billion as on May 6, 2016, the Reserve Bank of India (RBI) said.

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  India's foreign exchange reserves rise to $363 billion

  May 07, 2016 17:25 IST

  Chennai: India's foreign exchange reserves increased by $1.52 billion to $363.12 billion as on April 29, 2016, the Reserve Bank of India (RBI) has said. According to the RBI's forex data, the reserves stood at

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  RBI's buying activity swells Forex reserves

  February 06, 2016 17:43 IST

  Mumbai: Buying activity by the country's central bank and the revaluation impact of global currencies swelled India's foreign exchange (Forex) reserves during the week ended January 29, experts said on Saturday.According to the Reserve Bank