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Opening FCAs at GIFT City now easy for residents
The launch of FCAs in GIFT City marks a crucial advancement in bolstering financial accessibility and versatility for Indian citizens
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Rupee declines by 17 paisa
The value of the Indian rupee decreased by 17 paisa, settling at 83.60 against the US dollar by the end of the trading session
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What financial instruments are traded in stock markets?
Trading in stock markets is not restricted to only shares. Other financial instruments such as mutual funds, commodities etc are also traded.
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Forex reserves down by $1.581 billion to $611.149 billion
Foreign currency assets declined by $1.12 billion to $567.628 billion
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How will CBDC change your life?
A central bank's digital currency will facilitate new aspects to work for the regulators, which were earlier hard to execute
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Winvesta launches multi-currency accounts for investors
The multi-currency account enables you to transact in over 30 currencies, including US Dollar, British Pound, and Euro
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Foreign exchange reserves up $99.2 bn in FY 2020-21: RBI
The valuation gain, reflecting the depreciation of the US dollar against major currencies, amounted to $11.9 billion during 2020-21
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Forex reserves rise $3.087 bn to lifetime high of $608.08 bn
After declining in the previous week, the gold reserves rose by $496 million to $38.101 billion in the reporting week, according to the data
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Forex reserves hit lifetime high, rise $2.8 billion to $592.894 billion
Foreign currency assets, a major component of the overall reserves, swelled by $1.649 billion to $548.519 billion for the reporting week, the RBI said
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Notes in circulation go up on account of precautionary holding of cash: RBI
The value and volume of banknotes in circulation increased by 16.8% and 7.2%, respectively, during 2020-21, as against an increase of 14.7% and 6.6%,
