Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound, and yen held in the foreign exchange reserves. Gold reserves were up USD 446 million to USD 47.577 billion during the week, the RBI said.
New Delhi: As soon as the report stating Reserve Bank of India Governor Raghuram Rajan's refusal to continue his term at the Central Bank started doing the rounds of media, the forex market came crashing
Mumbai, Sep 21: The rupee on Friday gained a hefty 93 paise to close at over 4-month high of 53.45 on massive USD 430 million capital inflows, amid government lowering a tax for overseas borrowing
Mumbai, Sept 20 : In line with the equity market, the rupee recovered some initial losses today but was still down 28 paise at 54.29 a dollar on demand for the American currency from banks
Mumbai, Jan 30: In tune with the sharp fall in local equities, the rupee lost 48 paise to end the day at 49.79/80 against the dollar, snapping straight four sessions of gains.Fresh dollar demand from
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