India’s foreign exchange reserves rose by $2.362 billion to $703.308 billion for the week ended April 17, according to the latest data released by the Reserve Bank of India. India Forex Reserves Cross $703 Billion The latest increase comes after the forex kitty had risen by $3.825 billion in
Pakistan has secured fresh financial support from Saudi Arabia in the form of a new $3 billion deposit, giving Islamabad temporary relief as it faces mounting external repayment pressure and a looming UAE debt obligation. The announcement comes at a sensitive time for Pakistan’s economy, which is trying to stabilise foreign exchange reserves and reassure […]
The rupee fell 20 paise to 93.73 against the US dollar in early trade on Tuesday, reflecting continued pressure on the Indian currency from higher crude oil prices, persistent foreign fund outflows and a firm American dollar. The decline came after the rupee had already touched record low levels in recent sessions as the West […]
The rupee fell 31 paise to 92.32 against the US dollar in early trade on Thursday, hitting a fresh record low as rising crude oil prices and broader risk aversion weighed heavily on the Indian currency. The sharp move came amid renewed pressure on emerging market assets after energy markets reacted to escalating tensions in […]
India’s foreign exchange reserves rose to a new record high of $709.41 billion in the week ending January 23, according to data released by the Reserve Bank of India. The reserves increased by around $8 billion compared to the previous week. Key Factors Behind the Increase The rise in reserves was driven mainly by an […]
India recently crossed a major financial milestone. Its foreign exchange reserves went past $700 billion. This should have been big news, but it barely caused a ripple. There were no speeches, no celebrations, and no political chest-thumping. That silence itself tells an important story. India’s most important economic achievement today is not fast growth or […]
India’s foreign exchange reserves rarely make headlines unless something breaks. They are meant to sit quietly in the background, doing their job of protecting the economy from shocks. That is why the Reserve Bank of India trimming its US Treasury holdings below 200 billion dollars while steadily increasing gold reserves is worth paying attention to. […]
The Indian rupee slipped to a record low against the US dollar on Monday, pressured by persistent foreign fund outflows and uncertainty surrounding a potential trade agreement between India and the United States. Market participants said global risk aversion and a stronger dollar added to the currency’s weakness. Traders noted that sustained selling by foreign […]
The Indian rupee touched a new record low of 90.46 against the US dollar on Thursday, reflecting continued pressure on the currency from both global and domestic factors. The decline marks the weakest level ever recorded for the rupee. Market Factors Driving the Fall Traders attributed the depreciation to strong dollar demand from corporates, foreign […]
The Indian rupee weakened sharply today, hitting a provisional all-time low of ₹89.79 against the US dollar in intraday trade. The currency opened at ₹89.45, then slid by 34 paise over the previous session’s close amid a drop in domestic equities and heavy dollar demand from importers. Key Factors Behind the Decline Traders attributed the […]















