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India's forex reserves extend decline, stand at 10% below peak
India's forex reserves decline, hitting multi-month low, due to RBI intervention to prevent Rupee depreciation.
India's Forex Reserves Hit 8-Month Low, Fall $4.11 Billion to $640.27 Billion
India’s foreign exchange (forex) reserves declined by $4.112 billion to an eight-month low of $640.279 billion during the week ended December 27, according to the latest RBI data. In the previous week,
India's forex reserves drop by $4.11 billion
India's forex reserves has dropped by USD 4.112 billion (Rs 3,53,14 crore). Reserves now stand at $640.279 billion during the week that ended December 27, the Reserve Bank said on Friday. In the previous reporting week,
India's forex reserves fall to $640.27 bn, down by $4.1 bn as of Dec 27
India's foreign exchange reserves dipped by $4.1 billion to $640.28 billion as of December 27, 2024. The significant drop was largely due to a $4.6 billion reduction in Foreign Currency Assets. Despite this,
2d
India's FX reserves drop to eight-month low amid rupee pressure
India's foreign exchange reserves fell for the fourth consecutive week and stood at an eight-month low of $640.28 billion, as ...
money.rediff
8m
India FDI Surges: Goyal Highlights Growth && Investment Opportunities
India's FDI is booming, driven by investors from the Middle East, Japan, EU && US. Commerce Minister Goyal highlights India's ...
9h
Why is the rupee weakening against the dollar? | Explained
Factors influencing currency value, RBI intervention, and global investor trends driving exchange rate fluctuations.
5d
on MSN
India rupee drops for 7th straight year as headwinds swirl near year-end
The Indian rupee fell for a seventh straight year in 2024, largely due to headwinds in the last quarter, including Donald ...
devdiscourse
3d
Indian Rupee Faces Marginal Depreciation amid Global Economic Shifts
In CY25, the Indian Rupee is likely to see slight depreciation due to FPI flow volatility and a strong U.S. dollar. Despite ...
9d
on MSN
From Rupee devaluation to Mutual Funds: How Manmohan Singh opened India’s doors to the world
Faced with a dire financial crisis in 1991, Manmohan Singh, then Finance Minister, introduced the New Economic Policy under ...
2d
Rupee may dip to all-time low on Fed outlook-spurred dollar rally
The Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than two ...
devdiscourse
3d
Indian Rupee Faces 2025 Challenges Amid Global Economic Shifts
The Indian Rupee is anticipated to depreciate slightly in 2025 due to volatile investor flows and a strong U.S. dollar.
Yahoo Finance
13d
India rupee seen under pressure, bonds to track US peers
The
rupee
hit a record low of 85.10 against the dollar on Friday and closed down 0.2% for the week, its seventh consecutive weekly decline. [INR/] Interventions by the Reserve Bank of
India
(RBI ...
3d
on MSN
India rupee onshore-NDF arbitrage widens, new all-time low in sight
The heavy demand for the U.S. dollar in the non-deliverable forward (NDF) market had widened the arbitrage with the Indian ...
1d
India’s foreign exchange reserves drop to eight-month low amid rupee pressure
Concerns about India's slowing growth and widened trade deficit have hurt the rupee, alongside broad-based dollar's strength ...
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