Notable decline in forex reserve because RBI using forex to manage currency volatility: UBI Report

Dec 05, 2024

The recent decline in India's forex reserve from USD 705 billion to USD 656.58 billion is because the central bank is using forex reserve...

Notable decline in forex reserve because RBI using forex to manage currency volatility: UBI Report

Dec 05, 2024

The recent decline in India's forex reserve from USD 705 billion to USD 656.58 billion is because the central bank is using forex reserve...

"Forex reserve and financial stability gave confidence to international investors": RBI Governor Shaktikanta Das

Jun 18, 2024

"Forex reserve and financial stability gave confidence to International Investors", he noted.

India's forex reserve touches fresh record high of USD 692.3 billion

Sep 27, 2024

India's foreign exchange reserves scaled a new high of USD 692.296 billion, jumping by USD 2.838 billion in the week that ended on September...

Pakistan spending 66 per cent of forex on fuel imports

Nov 06, 2022

Amid surging energy prices worldwide due to the Russia-Ukraine war and deteriorating economy due to inflation and its depreciating currency, Pakistan is forced to...

RBI directs banks for greater vigilance on forex trading and report unauthorised trading to ED

Apr 25, 2024

The Reserve Bank of India (RBI) has issued a directive to banks regarding instances of unauthorized forex trading activities by certain entities.