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  • rupee down 17 paise against dollar in early trade

    Rupee down 17 paise against dollar in early trade

    February 12, 2015 10:23 IST

    Mumbai: Extending losses for the fourth straight session, the rupee fell by 17 paise to 62.42 against the dollar in early trade today at the Interbank Foreign Exchange market as the American currency strengthened overseas

  • forex reserves up 1.385 bn to 314.92 bn

    Forex reserves up $1.385 bn to $314.92 bn

    June 28, 2014 16:44 IST

    Mumbai: India's forex reserves rose by $1.385 billion to $314.922 billion in the week to June 20 on account of rise in currency assets.In the previous week, total reserves increased by $950.9 million to $313.536

  • india s forex reserves up by 203 mn

    India's forex reserves up by $203 mn

    June 14, 2014 16:32 IST

    Mumbai: India's foreign exchange (forex) reserves increased by $203.2 million to $312.58 billion for the week ended June 6, led by a sharp rise in overseas currency assets, Reserve Bank of India (RBI) data showed.This

  • india s forex reserves fall usd 273.8 mn to usd 312 bn

    India's forex reserves fall USD 273.8 mn to USD 312 bn

    June 06, 2014 17:33 IST

    Mumbai: India's forex reserves fell by USD 273.8 million to USD 312.382 billion in the week to May 30, mainly on account of a drop in currency assets.  After weeks of gains, the reserves nosedived

  • india s forex reserves down by 2.26 bn

    India's forex reserves down by $2.26 bn

    May 31, 2014 16:28 IST

    Mumbai: India's foreign exchange (forex) reserves declined by $2.26 billion to $312.65 billion for the week ended May 23, led by a sharp fall in overseas currency assets, Reserve Bank of India (RBI) data showed.The

  • rupee posts first weekly drop in five on rising dollar

    Rupee posts first weekly drop in five on rising dollar demand

    May 30, 2014 20:02 IST

    Mumbai: The rupee today extended losses and fell by eight paise to end at 59.11 against the dollar dragged down by month-end importer demand of the US currency.  It lost 59 paise in the past

  • forex reserves jump by usd 15.5 bn in fy 14 rbi

    Forex reserves jump by USD 15.5 bn in FY'14: RBI

    May 26, 2014 19:24 IST

    Mumbai: Foreign exchange reserves surged by USD 15.5 billion in the financial year ended March 2014, the Reserve Bank said today.The RBI today released the sources of variation in foreign exchange reserves during 2013-14.  According

  • modi effect forex reserves up 11 billion since april

    Modi effect: Forex reserves up $11 billion since April

    May 25, 2014 16:16 IST

    Mumbai: India's forex reserve rose by close to USD 11 billion so far this fiscal on the back of massive inflows from overseas investors, who pumped in dollars into the domestic market on expectation of

  • india s forex reserves gain 1.09 bn

    India's forex reserves gain $1.09 bn

    May 24, 2014 17:52 IST

    Mumbai: India's foreign exchange (forex) reserves rose by $1.09 billion to $314.92 billion for the week ended May 16, led by a sharp jump in overseas currency assets, Reserve Bank of India (RBI) data showed.The

  • rupee up 20 p at 11 month high vs dollar on sustained

    Rupee up 20 p at 11-month high vs dollar on sustained inflows

    May 19, 2014 21:48 IST

    Mumbai: In tandem with upmove in stocks, the rupee today gained for the fourth day and closed at a fresh 11-month high of 58.59 against US dollar on sustained inflows.Continued dollar selling by exporters and

  • forex reserves up 1.97 bn to 313.83 bn

    Forex reserves up $1.97 bn to $313.83 bn

    May 18, 2014 17:16 IST

    Mumbai: The foreign exchange reserves rose by USD 1.97 billion to USD 313.83 billion in the week ended May 9, on higher currency assets.Previous week, the total reserves rose by USD 1.94 billion to USD

  • india s forex reserves up 1.94 bn

    India's forex reserves up $1.94 bn

    May 10, 2014 20:05 IST

    Mumbai: India's foreign exchange (forex) reserves rose by $1.94 billion to $311.85 billion for the week ended May 2, led by a sharp jump in overseas currency assets, Reserve Bank of India (RBI) data showed.The

  • rupee up 10 paise against dollar

    Rupee up 10 paise against dollar

    May 06, 2014 18:17 IST

    Mumbai: 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

  • india s forex reserves rise by 500 mn

    India's forex reserves rise by $500 mn

    May 03, 2014 20:29 IST

    Mumbai: India's foreign exchange (forex) reserves rose by $499.8 million to $309.91 billion for the week ended April 25, led by a sharp jump in overseas currency assets, Reserve Bank of India (RBI) data showed.According

  • china opens first forex trading centre on border with

    China opens first forex trading centre on border with Vietnam

    April 27, 2014 19:25 IST

    Beijing: China has opened a currency trading center, the first of its kind in the country, on the China- Vietnam border to end rampant illegal private forex trading. The ASEAN (Association of Southeast Asian Nations)

  • india s forex reserves down by 31 million

    India's forex reserves down by $31 million

    April 26, 2014 20:42 IST

    Mumbai: India's foreign exchange (forex) reserves fell by $31.6 million to $309.41 billion for the week ended April 18, Reserve Bank of India (RBI) data showed.There was a sharp decline in foreign currency assets component

  • no country s forex reserves large enough to ward off

    No country's forex reserves large enough to ward off external shocks: Rajan

    April 12, 2014 16:56 IST

    Mumbai: Reserve Bank of India governor Raghuram Rajan has said though the country has enough foreign exchange reserves, no nation can fully insulate itself from external vulnerabilities."We are well-buffered with substantial reserves, though no country

  • fm p chidambaram calls for high level of probity in capital

    FM P Chidambaram calls for high level of probity in capital market

    December 14, 2013 21:36 IST

    Mumbai: Pitching for high level of probity, Finance Minister P Chidambaram today said Indian capital markets are facing many concerns including low level of retail participation, which needed to be addressed urgently."It is important that

  • re rally may not sustain as dollar demand from oil cos rise

    'Re rally may not sustain as dollar demand from oil cos rise'

    December 09, 2013 21:06 IST

    Mumbai: Although the rupee gave a thumbs up to the assembly poll results, market observers say that the rally is likely to be short-lived as higher US dollar demand from oil marketing companies (OMCs) weigh.Bankers

  • forex reserves rise for 2nd week jump by 1.46 bn to 283.6 bn

    Forex reserves rise for 2nd week, jump by $1.46 bn to $283.6 bn

    November 23, 2013 16:03 IST

    Mumbai: 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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