India's foreign exchange reserves rose by $300 million to a more than three-month high of $654.27 billion as of March 14, ...

India's foreign exchange reserves rose USD 305 million to USD 654.271 billion in the week that ended on March 14. The ...

The Reserve Bank conducted a US dollar-rupee swap auction worth $10 billion, generating robust demand. The auction, ...

India’s foreign exchange reserves soared by $15.267 billion, reaching $653.966 billion in the week ending March 7, 2024—the ...

As part of the swap, the central bank will inject liquidity amounting to $10.04 billion equivalent of rupees into the banking ...

The US Dollar Index (DXY), which measures the USD against six major currencies, is trading higher near 103.90. However, the ...

Experts expect the rupee to remain range-bound, with a peak depreciation level of 89 per dollar. Factors such as lower ...

After the discrepancies were revealed, IndusInd Bank's stock fell over 27%. Chairman Ashok Hinduja assured investors that he ...

The Reserve Bank of India has confirmed that IndusInd Bank is financially stable and adequately capitalised. Depositors are ...

While the rupee has experienced long-term depreciation, strong foreign exchange reserves and strategic RBI interventions have helped stabilize its short-term fluctuations. With India's push toward ...

The move is expected to streamline trade settlements and reduce dependency on third-party currencies. The circular, issued under Sections 10 (4) and 11 (1) of the Foreign Exchange Management Act (FEMA ...

India's foreign exchange reserves surged by USD 15.267 billion to USD 653.966 billion by March 7, 2024, following a USD 10 ...