News for 'Forex and Money'

Forex reserves plunge by $4.67 billion

Forex reserves plunge by $4.67 billion

Rediff.com23 Dec 2011

The gold reserves remained unchanged at $28.041 billion, the apex bank said.

Forex reserves cross $140 bn

Forex reserves cross $140 bn

Rediff.com19 Mar 2005

The country's foreign exchange reserves vaulted beyond $140 billion mark as inflows into the kitty swelled by $2.87 billion for the week ended March 11 due to heavy intervention in the market by Reserve Bank of India.

Forex reserves cross $110 billion

Forex reserves cross $110 billion

Rediff.com3 Apr 2004

India's foreign exchange reserves increased by $319 million to cross record levels of $110 billion for the week ended March 26, 2004.

Forex reserves down $3.27 bn to $600.42 bn

Forex reserves down $3.27 bn to $600.42 bn

Rediff.com29 Apr 2022

The country's foreign exchange reserves decreased by $3.27 billion to $600.42 billion in the week ended April 22, RBI data showed. In the previous week, the reserves had declined by $311 million to $603.69 billion. During the reporting week, the fall in the reserves was on the account of a decline in the Foreign Currency Assets (FCA), a major component of the overall reserves, and gold reserves, Reserve Bank of India's (RBI) weekly data released on Friday showed.

China's foreign trade declines, forex reserves drop to record low

China's foreign trade declines, forex reserves drop to record low

Rediff.com8 Sep 2015

Exports dipped 1.6 per cent to 8.95 trillion yuan.

Forex reserves fall to $312 bn

Forex reserves fall to $312 bn

Rediff.com7 Jun 2014

The rupee ended at 59.18 compared with previous close of 59.33 to the dollar.

India's forex reserves down at $353.33 billion

India's forex reserves down at $353.33 billion

Rediff.com24 Jul 2015

India's forex kitty shrunk by $1.03 billion to $353.33 billion on the back of a dip in the core currency assets, the Reserve Bank said.

Forex reserves cross $71 billion

Forex reserves cross $71 billion

Rediff.com18 Jan 2003

The rise in India's foreign exchange reserves continued with further fresh inflows and export remittances of $595 millon pushing the forex reserves past the $71 billion mark during the week ended January 10.

Forex derivative losses haunt Ludhiana firms

Forex derivative losses haunt Ludhiana firms

Rediff.com11 Apr 2008

Experts (forex consultants and CFOs) estimate the notional losses on derivative products in Ludhiana to be Rs 200 crore to Rs 300 crore (Rs 3 billion), with a prominent textile player leading the table. But no company is willing to talk about their exposure or losses. A few companies, such as Vardhman Textiles, part of the S P Oswal Group, said they had no exposure.

India's forex reserves up at $316.311 bn

India's forex reserves up at $316.311 bn

Rediff.com5 Dec 2014

The country's reserves surged by $1.432 billion to $316.311 billion in the week to November 28 due to rise in foreign currency assets, RBI data showed on Friday.

Taj Residency wins award for high forex earnings

Taj Residency wins award for high forex earnings

Rediff.com28 Jan 2005

The union ministry of tourism has recognised Taj Residency, a Taj business hotel, as the 'best 5-star hotel in India' for the year 2003-04 for highest forex earnings.

Forex reserves up $1.8 bn to $312 bn

Forex reserves up $1.8 bn to $312 bn

Rediff.com28 Jun 2008

Indian foreign exchange reserves rose by $1.8 billion in the week ended June 20, 2008, to $312.48 billion. The increase in reserves was basically due to a hike in foreign currency assets, which grew by $1.78 billion to $302.74 billion, according to the Reserve Bank of India's weekly statistical supplement released.

Forex reserves jump by to $296.63 bn

Forex reserves jump by to $296.63 bn

Rediff.com22 Dec 2012

The foreign exchange reserves rose by a robust $1.637 billion to touch $296.63 billion during the week ended December 14 on the back of healthy addition of core currency assets, the Reserve Bank said.

India's forex reserves down to $293.53 bn

India's forex reserves down to $293.53 bn

Rediff.com24 Nov 2012

India's foreign exchange reserves slipped marginally by $32.7 million to $293.53 billion, the Reserve Bank said.

India's forex reserves cross $85 billion

India's forex reserves cross $85 billion

Rediff.com23 Aug 2003

The Reserve Bank of India's weekly statistical supplement said on Saturday that the country foreign exchange reserves had crossed rose by $418 million to touch $85.415 billion in the week ended August 15.

India's forex reserves at record high

India's forex reserves at record high

Rediff.com20 Jul 2007

India's foreign exchange reserves are at a record high of $214.83 billion. Considering this rapid rise in country's forex reserves, the need to gauge adequacy of reserves has gained importance, said the RBI in its report on foreign exchange.

India's forex reserves slip by $1.6 bn

India's forex reserves slip by $1.6 bn

Rediff.com11 Jan 2013

The foreign exchange reserves slipped by a hefty $1.59 billion to $294.99 billion on the back of heavy decline in gold reserves and the core currency assets, the Reserve Bank said on Friday.

India's forex reserves slip to $293.97 bn

India's forex reserves slip to $293.97 bn

Rediff.com28 Sep 2012

The foreign exchange reserves fell by $502.4 million to $293.97 billion due to fall in the currency assets, according to Reserve Bank data released on Friday.

Forex reserves up $1.349 billion

Forex reserves up $1.349 billion

Rediff.com13 Jul 2007

India's foreign exchange reserves increased by $1.349 billion for the week ended July 6 to $214.835 billion as against $213.486 billion in the previous week.

Forex reserves decline $9.65 bn to $622.27 bn

Forex reserves decline $9.65 bn to $622.27 bn

Rediff.com18 Mar 2022

The country's foreign exchange reserves declined $9.65 billion to $622.27 billion in the week ended March 11, according to the latest data from the RBI. In the previous week ended March 4, the reserves rose $394 million to $631.92 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

As stocks & rupee sank, India's forex reserves hit record high

As stocks & rupee sank, India's forex reserves hit record high

Rediff.com8 May 2015

India's gold reserves were also up by $297.7 million to $19.33 billion

India's forex reserves up at $315.55 billion

India's forex reserves up at $315.55 billion

Rediff.com21 Nov 2014

The country's forex reserves rose by $419.4 million to $315.551 billion in the week to November 14, driven by a rise in foreign currency assets.

Forex reserves rise by $394 mn to $631.92 bn

Forex reserves rise by $394 mn to $631.92 bn

Rediff.com11 Mar 2022

The country's foreign exchange reserves increased by $394 million to $631.92 billion in the week ended March 4, the RBI data showed. In the previous week ended February 25, the reserves had declined by $1.425 billion to $631.527 billion. It touched a lifetime high of $642.453 billion in the week ended September 3, 2021.

Forex reserves drop by $3.4 billion

Forex reserves drop by $3.4 billion

Rediff.com14 May 2010

India's foreign exchange reserves fell by a significant $3.4 billion to $276.238 billion for the week ended May 7, as against $279.633 billion in the previous week, RBI data showed.

Forex use: FM spells out plan

Forex use: FM spells out plan

Rediff.com8 Jan 2005

Forex reserves down by $601 mn

Forex reserves down by $601 mn

Rediff.com22 Jul 2006

India's forex reserves decreased by $601 million to stand at $162.659 billion during the week ended on July 14

Thomas Cook to acquire LKP Forex

Thomas Cook to acquire LKP Forex

Rediff.com1 Jul 2006

On a consolidated basis, the merged entity will have 145 branches, Rs 200 crore in revenue and 1,800 employees.

Forex violation: Amazon files writ petition in Delhi HC

Forex violation: Amazon files writ petition in Delhi HC

Rediff.com22 Dec 2021

Amazon on Wednesday filed a writ petition in the Delhi high court seeking clarifications on the scope of Enforcement Directorate's (ED) investigations into alleged foreign exchange violations by the company, according to sources. Last month, Amazon had said it was in receipt of summons by the ED in connection with its deal with the Future Group. According to sources, Amazon in its filing said the ED is expanding the scope of its investigations by seeking privileged and confidential legal advice it received in ordinary course of business since it started marketplace operations and that such requests aren't related to the agency's probe into the Future-Amazon deal.

Forex reserves down by $950 mn

Forex reserves down by $950 mn

Rediff.com31 Dec 2005

India's forex reserves decreased by $950 million to stand at $144 billion during the week ended December 23 against $145 billion during the preceding week.

Forex reserves up at $145 billion

Forex reserves up at $145 billion

Rediff.com24 Dec 2005

India's forex reserves increased by $1.057 billion to stand at $145 billion during the week ended December 16 against $143.943 billion during the preceding week

'Black swan events are becoming increasingly frequent'

'Black swan events are becoming increasingly frequent'

Rediff.com6 Nov 2023

If the war in the Israel-Gaza region escalates into a larger West Asian conflict, it could pose problems.

India's forex reserves decline by $4.6 bn as RBI sells dollars

India's forex reserves decline by $4.6 bn as RBI sells dollars

Rediff.com18 Jun 2022

The fall in total reserves was mainly because of a decline in foreign currency assets worth $4.5 billion, the data showed.

No forex reserves large enough to counter external shocks: Rajan

No forex reserves large enough to counter external shocks: Rajan

Rediff.com11 Apr 2014

By March 28, the reserves rose by a whopping $5.038 billion to $303.673 billion, the second highest in the fiscal.

Forex reserves up by $952 million

Forex reserves up by $952 million

Rediff.com8 Jul 2006

India's forex reserves increased by $952 million to stand at $162.912 billion during the week ended on June 30, as against $161.960 billion during the week ended June 23.

Forex reserves down by $66 mn

Forex reserves down by $66 mn

Rediff.com28 Jan 2006

India's forex reserves decreased by 466 million to stand at 4139.44 billion during the week ended January 20, 2005 against $139.51 billion during the preceding week.

Forex reserves at $137.538 billion

Forex reserves at $137.538 billion

Rediff.com30 Jul 2005

India's foreign exchange reserves fell by $23 million for the week ended July 22, 2005.

Forex reserves fall by $127 mn

Forex reserves fall by $127 mn

Rediff.com26 Nov 2005

India's forex reserves declined by $127 million to stand at $142.18 billion during the week ended November 18 against $142.30 billion during the preceding week.

RBI told to examine forex sale

RBI told to examine forex sale

Rediff.com6 Jan 2005

9 more banks under scanner over money laundering

9 more banks under scanner over money laundering

Rediff.com16 Oct 2015

Finance Minister Arun Jaitley said the magnitude of the alleged black money transfer through state-owned BoB will only be known after completion of the multi-disciplinary probe.