India’s Foreign Exchange Reserves Fell by $2.1 Billion
For April ending quarter, the country’s foreign exchange reserves tumbled by $2.1 billion to reach $584.2 billion, according to the latest data released by the...
Tag : foreign exchange reserves
Forex Reserves at 3-Month Low, High Volatility Predicted
The Reserve Bank of India (RBI) has reported that India’s foreign exchange reserves have fallen by $2.4 billion to $560 billion in the week ending...
India’s Foreign Exchange Reserves Fall by $571 Million to $563.5 Billion
Total foreign exchange reserves in India fell by $571 million to $563.499 billion in the week ended December 16 after five straight weeks of gains,...
India’s Forex Reserves Fall For Seventh Week: RBI
The Foreign exchange reserves were down for a seventh continuous week, dropping to $545.652 billion on September 16, the Reserve Bank of India (RBI) said....
India’s Forex Reserves Decline $2.23 Billion to $550.87 Billion
India’s foreign exchange reserves fell by $2.234 billion to $550.871 billion in the week ended September 9, the Reserve Bank of India (RBI) said on...
RBI’s Surplus Falls Below Rs 1 Trillion as Liquidity Shrinks
A combination of factors, including Reserve Bank of India (RBI) intervention in foreign exchange markets and strong demand for credit, contributed to a significant reduction...
Sri Lanka’s Inflation Rises Over 60 Per Cent in July
Sri Lanka’s inflation increased to 60.8 per cent in July, up from 54.6 per cent in June, marking a significant jump of 6.2 per cent....
HDFC Looks to Expand Foreign Lending to $1 Billion as RBI Eases ECB Rules
The country’s largest mortgage lender, Housing Development Finance Corporation, is set to become the first Indian borrower to benefit from the Reserve Bank’s increased external...
Sri Lanka Stops Fuel Supply to Non-Essential Services as Crisis Worsens
A minister said Sri Lanka would close schools and allow only fuel supplies to services deemed essential, such as medical care, trains and buses, for...
Crisis-Hit Sri Lanka Shuts Schools, Urges Work from Home to Save Fuel
On Monday, the Sri Lankan army handed out tokens to people queuing to refuel as the country faces its worst economic crisis in seven years...