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  • Home » foreign currency

foreign currency

  • Addition of 75 tonnes of gold in forex kitty adds to stability: Report
    Exclusive

    Addition of 75 tonnes of gold in forex kitty adds to stability: Report

    RBI's gold holdings has increased by 125.6 tonnes in the last two years, making India the world's ninth-largest gold reserve holder

  • Forex reserves increases by $16.6 billion to $633.5 billion
    Economy

    Forex reserves increases by $16.6 billion to $633.5 billion

    The country's gold reserves increased by $192 million to $37.44 billion. India's reserve position with the IMF rose by $14 million to $5.11 billion

  • Forex reserves drop by $2.47 billion to $616.895 billion
    Economy

    Forex reserves drop by $2.47 billion to $616.895 billion

    Foreign currency assets declined by $3.365 billion to $573.009 billion

  • Multi-currency accounts: Why freelancers and even global investors should have it
    Banking

    Multi-currency accounts: Why freelancers and even global investors should have it

    A returning non-resident Indian can open a foreign currency account with a bank, but one cannot transfer money from India to these accounts

  • Forex reserves rise by $1.013 billion to record high of $610.012 billion
    Currency

    Forex reserves rise by $1.013 bn to record high of $610 bn

    Foreign currency assets surged by $748 million to $566.988 billion, as per weekly data by the Reserve Bank of India

  • Forex reserves decline $4 billion to $603.93 billion on slide in gold assets
    Economy

    Forex reserves decline $4 billion to $603.93 billion

    The foreign currency assets, a major component of the overall reserves, declined by $1.918 billion to $561.540 billion for the reporting week

  • Is $600 billion forex reserve adequate for Indian economy?
    Economy

    Is $600 billion forex reserve adequate for Indian economy?

    Though higher reserves help in cushioning domestic economy from external shocks, we must be mindful of the opportunity costs associated with them

  • Jobs, growth, import stability and buoyancy in equity markets: Contribution of high forex reserves
    Exclusive

    Jobs, growth, import stability and buoyancy in equity markets: Contribution of high forex reserves

    Economists, however, warn that high foreign exchange build up may not always be an unmixed blessing for the economy

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