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    • Reserve Bank of India & FOREX

Reserve Bank of India & FOREX Newsletter
  • India’s foreign exchange reserves ease from record high 31 May 2024 12:43 GMT

    … three weeks. The Reserve Bank of India (RBI) intervenes in the foreign exchange market to curb … assets held in the reserves. Foreign exchange reserves also include India’s … International Monetary Fund. India’s foreign exchange reserves hit record high at …

  • India's forex reserves fall to 646.67 bln USD 31 May 2024 15:48 GMT

    … (Xinhua) -- India's foreign exchange (forex) reserves dropped by over 2 … , the Reserve Bank of India, said in a weekly bulletin on Friday. The forex reserves …

  • RBI’s forex income, lower provisioning aided higher income 30 May 2024 16:24 GMT

    Higher forex income, lower provisioning and reduced expenses will allow the Reserve Bank of India (RBI … Rs 83,616 crore from foreign exchange transactions during the year, while …

  • RBI repatriates 100 tonne of gold reserves from the UK 31 May 2024 21:02 GMT

    The Reserve Bank of India (RBI) has commenced the transportation … derecognition of Russia's foreign exchange reserves. This sparked concerns that …

  • RBI Brings Back 100 Tonnes of Gold from UK to India 31 May 2024 17:53 GMT

    … stored in vaults in the Reserve Bank of India’s (RBI) old office building … Nagpur. India now boasts significant foreign exchange reserves, capable of covering approximately … country was grappling with a foreign exchange crisis, that India has transferred …

  • India has transferred 100 metric tonnes ... 31 May 2024 17:51 GMT

    … pledged to help overcome a foreign exchange crisis, resulting in its transfer … in efforts to diversify its foreign exchange assets. The movement of gold … the Ministry of Finance, the Reserve Bank of India, and other agencies, who maintained …

  • India brings back 100 metric tonnes of gold from the UK 31 May 2024 17:13 GMT

    … gold reserves to address a foreign exchange crisis, resulting in the gold … domestic and international vaults. The Reserve Bank of India's (RBI) annual report … of its strategy to diversify foreign exchange assets. The movement of gold …

  • India Q4 GDP Data Highlights: FY24 growth hits 8.2%; ‘Just a trailer…’ says PM 31 May 2024 15:46 GMT

    … on Tuesday, June 4. The Reserve Bank of India (RBI) Governor Shaktikanta Das had … Live: India's forex reserves drop by $ 2 … 67 billion India's forex reserves dropped by $2.027 … present a challenge for the Reserve Bank of India (RBI) in its monetary …

  • RBI’s Bold Move: 100 tonnes of Gold repatriated from England; undoing Manmohan Singh’s economic mismanagement 31 May 2024 15:11 GMT

    … in its economic strategy. The Reserve Bank of India (RBI) facilitated the return … to the 1990s, with foreign exchange reserves having depleted to an … USD 72 billion, its forex reserves had dropped to USD … 1991, decided to raise forex by leasing some gold. …

  • RBI’s VRR auction sees huge response again as banks look for liquidity 31 May 2024 14:55 GMT

    … repo (VRR) auction by the Reserve Bank of India (RBI) witnessed an overwhelming … auctions of ₹60,000 crore. FX intervention “Over coming weeks, … we see the RBI’s FX intervention strategy as the main … now. However, beyond the FX channel, we should start to …

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