Forex watch: Reserves slip below $700 billion; FCAs decline, gold holdings rise – The Times of India

India's foreign exchange reserves fell by $276 million to $699.96 billion for the week ended October 3, according to Reserve Bank of India (RBI) data.In the previous week, the country's…

Continue ReadingForex watch: Reserves slip below $700 billion; FCAs decline, gold holdings rise – The Times of India

Forex reserves dip to $700.2 billion: Foreign currency assets decline; gold holdings rise – The Times of India

India’s foreign exchange reserves declined by $2.334 billion to $700.236 billion in the week ended September 26, according to data released by the Reserve Bank of India (RBI) on Friday.…

Continue ReadingForex reserves dip to $700.2 billion: Foreign currency assets decline; gold holdings rise – The Times of India

Currency watch: Rupee ends 18 paise lower at 86.70 against dollar; trade jitters and Fed uncertainty weigh on sentiment – Times of India

The rupee gave up early gains and settled 18 paise lower at 86.70 against the US dollar on Monday, pressured by persistent month-end dollar demand from importers and caution ahead…

Continue ReadingCurrency watch: Rupee ends 18 paise lower at 86.70 against dollar; trade jitters and Fed uncertainty weigh on sentiment – Times of India

Strict checks coming in! RBI to tighten rules for overseas remittances by resident Indians; here’s what is being planned – Times of India

The RBI's Liberalised Remittance Scheme (LRS) governs foreign investments by individuals. (AI image) The Reserve Bank of India intends to strengthen regulations concerning international money transfers, that is, overseas remittances…

Continue ReadingStrict checks coming in! RBI to tighten rules for overseas remittances by resident Indians; here’s what is being planned – Times of India

India’s forex reserves rise $6.992 billion to $692.721 billion in week ended May 23 – Times of India

Forex Reserves (AI image) India's foreign exchange reserves increased by $6.992 billion, reaching $692.721 billion for the week ended May 23, according to the RBI's Friday announcement. The overall reserves…

Continue ReadingIndia’s forex reserves rise $6.992 billion to $692.721 billion in week ended May 23 – Times of India

Big jump in gold reserves! Not just India’s RBI, central banks around the world are stocking up on gold – here’s why – Times of India

Globally, central banks' collective gold holdings grew from 26,000 tonnes to 32,000 tonnes during the 15-year period ending 2024. (AI image) RBI has been on a gold buying spree, but…

Continue ReadingBig jump in gold reserves! Not just India’s RBI, central banks around the world are stocking up on gold – here’s why – Times of India