Foreign Exchange
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India's foreign exchange reserves rise to $363 billion
May 07, 2016 17:25 ISTChennai: 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 ISTMumbai: 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
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Foreign exchange reserves slip by $1.4 billion to $351.11 billion: RBI
December 26, 2015 16:04 ISTMumbai:India's foreign exchange reserves after rising for two consecutive weeks fell by $1.4 billion (nearly Rs 9,273.6 crore) to $351.106 billion (nearly Rs 23.25 lakh crore) in the week to December 18 on account of
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India's forex reserves up at $353.527 billion
October 23, 2015 18:33 ISTNew Delhi: India's foreign exchange reserves increased by $458 million to $353.527 billion in the week to October 16, on account of rise in foreign currency assets, according to RBI data.In the previous week, reserves
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Rupee weakens by 3 paise against dollar in early trade
June 26, 2015 9:54 ISTMumbai: The rupee dropped 3 paise at 63.62 against dollar in early trade today at the Interbank Foreign Exchange due to appreciation of the American currency overseas.Forex dealers said fresh demand for the dollar from
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Rupee down 3 paise against dollar in early trade
June 25, 2015 9:52 ISTMumbai: The rupee dropped 3 paise at 63.62 against dollar in early trade today at the Interbank Foreign Exchange due to appreciation of the American currency overseas.Forex dealers said fresh demand for the dollar from
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Rupee rallies 25 paise against dollar
June 18, 2015 11:03 ISTMumbai: The rupee appreciated 25 paise to trade at 63.87 against the dollar in early trade today at the Interbank Foreign Exchange after the American currency weakened overseas amid sustained selling of the greenback by
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ED steps up probe in Lalit Modi owned firm for FEMA violation
India | June 17, 2015 22:44 ISTNew Delhi: The Enforcement Directorate (ED) has stepped up its probe into a foreign exchange violation case against former IPL boss Lalit Modi which involves alleged illegal routing of Rs 21 crore funds from a
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Rupee gains 9 paise against dollar
June 16, 2015 11:42 ISTMumbai : The rupee pulled back 9 paise to 64.07 against the dollar in early trade today, snapping its three-day falling streak at the Interbank Foreign Exchange on fresh selling of the US currency by
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Rupee gains 8 paise against dollar
June 11, 2015 10:15 ISTMumbai: Rising for the third straight day, the rupee strengthened by another 8 paise to 63.76 against the dollar in early trade today at the Interbank Foreign Exchange on sustained selling of the US currency
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Rupee firms up 16 paise against dollar
June 09, 2015 10:18 ISTMumbai: The rupee appreciated 16 paise to 63.92 against the US dollar in early trade at the Interbank Foreign Exchange today on fresh selling of the American currency by exporters and banks.Besides, strengthening of the
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Depreciating dollar, RBI investment returns hike foreign reserves
May 23, 2015 16:50 ISTMumbai: Depreciation in dollar value, interest payments on securities held by the apex bank in non-dollar currencies and the rich payouts for its participation in the forwards trading market led to an exponential rise in
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Rupee plunges to over 3-month low of 63.32 vs dollar
April 23, 2015 19:36 ISTMumbai: The rupee today plummeted to an over three-month low of 63.32 by losing 50 paise against the US dollar on renewed demand for the American currency from banks and importers amid foreign capital outflows
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Rupee extends gains, up 9 paise against dollar
March 24, 2015 11:09 ISTMumbai: Continuing its rising streak for the seventh straight session, the rupee rose by 9 paise to 62.18 against the dollar in early trade today at the Interbank.Foreign Exchange on sustained selling of dollars by
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India's forex kitty hits lifetime high at over $322 billion
January 24, 2015 8:16 ISTMumbai: After a gap of four years, India's foreign exchange reserves touched a new lifetime high at USD 322.135 billion for the week ended January 16, driven by higher inflows and lower outgo of forex
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Rupee drops to one-week low of 63.41 vs dollar, down 12 paise
January 05, 2015 19:42 ISTMumbai: The Indian rupee today reacted downwards by 12 paise to log nearly one-week closing low of 63.41 against the Greenback on weakness in local equities amid fresh dollar demand from importers. A firm dollar overseas
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Rupee logs worst drop in a month, down 44p at 60.19 vs dollar
July 10, 2014 18:21 ISTMumbai: Moving in tandem with equities, the rupee today tumbled 44 paise, posting its biggest drop in nearly a month, to end at 60.19 against the dollar on a day the Narendra Modi-led government presented
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Rupee up 10 paise against dollar
May 06, 2014 18:17 ISTMumbai: The rupee today gained 10 paise to end the day at 60.11 against the dollar on fag-end selling of the US currency by banks and exporters .The rupee resumed higher at 60.10 as against
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Rupee hits over one-month high, ends 10 paise up
March 05, 2014 19:13 ISTMumbai: The rupee today rose to its highest level in over a month and closed 10 paise up at 61.75 against the dollar following sustained selling of American currency by exporters and some banks, amid
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Forex reserves rise for 2nd week, jump by $1.46 bn to $283.6 bn
November 23, 2013 16:03 ISTMumbai: Forex reserves jumped for the second consecutive week by adding $1.459 billion in the week to November 15, taking the overall reserves to a healthy $283.57 billion, on account higher foreign currency assets.In the
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