foreign exchange

Forex reserves zoom to record high of USD 612.73 bn

9:46 pm July 23, 2021

Mumbai: The country’s foreign exchange reserves rose by USD 835 million to touch a record high of USD 612.73 billion in the week ended July 16, 2021, RBI data showed. In the previous week ended July 9, 2021, the reserves had surged by USD 1.883 billion to USD 611.895 billion. In the reporting week ended […]

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Forex reserves rise by USD 5.867 bn to lifetime high of USD 551.505 bn

6:54 pm October 16, 2020

Mumbai: The country’s foreign exchange reserves surged by USD 5.867 billion to touch a record high of USD 551.505 billion in the week to October 9, according to the RBI data. In the previous week ended October 2, 2020, the reserves had increased by USD 3.618 billion to USD 545.638 billion. During the reporting week, […]

Forex reserves up by USD 1.27 bn to USD 506.84 bn

10:14 pm July 3, 2020

Mumbai: After falling in the previous week, the country’s foreign exchange reserves rose USD 1.27 billion to USD 506.84 billion in the week ended June 26, according to the latest data from the RBI. In the previous week ended June 19, the reserves had dipped by USD 2.08 billion to USD 505.57 billion. The reserves […]

Rupee zooms 57 paise to end at 75.09 against US dollar

8:20 pm April 30, 2020

Mumbai: The rupee strengthened by 57 paise to finish at a one-month high of 75.09 per US dollar on Thursday, buoyed by foreign fund inflows and a robust trend in the equity market. The greenback weakening overseas and optimism over a COVID-19 drug trial in the US further supported the local unit, forex traders said. […]

Rupee settles 52 paise higher at 75.66 against US dollar

3:59 pm April 29, 2020

Mumbai: The Indian rupee surged 52 paise to close at 75.66 (provisional) against the US dollar on Wednesday, tracking positive domestic equities and a weak American currency in the overseas market. This is the third consecutive day of gain for the rupee, during which it has appreciated by 80 paise. At the interbank foreign exchange, […]

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