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.

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...

RBI issues updated list of unauthorized forex trading entities

Feb 10, 2023

The Reserve Bank of India has updated and included names of entities or platforms or websites which appear to be promoting unauthorised entities or...

RBI announces measures to boost forex inflows, rupee slide

Jul 06, 2022

Mumbai (Maharashtra) [India], July 6 : The Reserve Bank of India (RBI) on Wednesday announced a slew of measures to boost foreign exchange (forex)...

India's forex reserves dip by $2.23 billion to $570.74 bn

Aug 20, 2022

Mumbai (Maharashtra) [India], August 20 : India's foreign exchange (forex) reserves fell by $2.238 billion to $570.74 billion for the week ended August 12,...