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BRICS nations sign deal for $100 billion forex pool

The 5-nation BRICS group on signed an agreement to create a $100 billion pool of foreign-exchange reserves to help each other "in case of any problems with dollar liquidity", with India chipping in......

Forex reserves fall to $312 bn

The country’s foreign exchange reserves fell $274 million to $312 billion for the week ended May 30, show RBI data released on Friday. Foreign currency assets, a key component of reserves,......

India's forex reserves cross $300 billion

India's foreign exchange reserves surged $5.04 billion in the week ending March 28, its biggest weekly rise in four months, as the central bank started to buy dollars regularly in an effort to......

China's forex reserves surge to a new high in 2013

China's foreign exchange reserves, already the world's largest, touched a whopping $3.82 trillion in 2013, the central bank said on Wednesday. China's forex reserves witnessed an increase of......

RBI acts tough on offshore FX trading on the internet

The RBI cracked down on offshore foreign exchange trading by Indians through online trading websites, asking banks to report any such remittances to the regulator.In a circular issued late on......
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Rupee ends steady at 64.45 against dollar

The rupee today ended flat at 64.45 against the US currency in an otherwise quiet and range-bound trade amid weaker dollar sentiment overseas.... ...

http://www.business-standard.com/article/pti-stories/rupee-ends-steady-at-64-45-against-dollar-117071401087_1.html
India to join new global forex committee

India will soon get a seat on the Global Foreign Exchange Committee (GFXC) — a forum of central bankers and experts working towards promotion... ...

http://www.deccanherald.com/content/621878/india-join-global-forex-committee.html
$400b forex reserves looks well within reach

India’s forex reserves are rising fast to breach the $400 billion level. As of June 23, forex reserves have gone up to a record high of $383... ...

http://www.mydigitalfc.com/news/400b-forex-reserves-looks-well-within-reach-961
Rupee recovery fizzles out, down 4 paise at 64.78

The rupee turned weak once again after a brief recovery against the US currency and ended lower by 4 paise at 64.78 on fresh demand for the dollar... ...

http://www.mydigitalfc.com/news/rupee-recovery-fizzles-out-down-4-paise-6478-945
Rupee crumbles to 1-mth low on capital outflow fears

Caught in a downward spiral for the third straight session today, the rupee fell by another 8 paise to end at a fresh one-month low of 64.63... ...

http://www.mydigitalfc.com/economy/rupee-crumbles-1-mth-low-capital-outflow-fears-751

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