News for 'forex'

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.

Won't allow Sri Lanka to be used as base against India: Wickremesinghe

Won't allow Sri Lanka to be used as base against India: Wickremesinghe

Rediff.com27 Jun 2023

In an interview with France24, Wickremesinghe said, "We are a neutral country, but we also emphasise the fact that we cannot allow Sri Lanka to be used as a base for any threats against India."

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

Why India's forex kitty is all set to swell

Why India's forex kitty is all set to swell

Rediff.com24 Apr 2019

Analysts said even though the Indian economy is expected to slow down to 7.2 per cent in fiscal 2020, it is still the best bet for investment for foreign investors.

How to cope with the forex dilemma

How to cope with the forex dilemma

Rediff.com20 Mar 2009

Risk management is too technical and dynamic a field to lend itself to decision-making by a committee. It needs to be run by professionals with a clear mandate and accountability, says Jamal Mecklai.

When I Met India's First Miss World

When I Met India's First Miss World

Rediff.com22 Feb 2024

Miss World 2024 will be crowned in India soon. Long before Aishwarya Rai and Priyanka Chopra, Yukta Mukhey and Diana Hayden, a beautiful woman from Bombay was crowned Miss World. In 1966. Reita Faria was India's first Miss World. Vaihayasi Pande Daniel/ Rediff.com met the 80 year old in Dublin recently, still as elegant, still as attractive as she was all those years ago.

Forex reserves rise by $175 mn

Forex reserves rise by $175 mn

Rediff.com4 Jun 2005

After registering a decline for the past four weeks, India's foreign exchange reserves increased by $175 million for the week ended May 27, 2005.

Forex reserves at all-time high of $354 bn

Forex reserves at all-time high of $354 bn

Rediff.com22 May 2015

The gold reserves remained stable at $19.335 billion.

Forex scam traced to HDFC Bank accounts

Forex scam traced to HDFC Bank accounts

Rediff.com15 Oct 2015

The amounts were transferred from HDFC Bank to BoB.

India's forex reserves cross half-a-trillion dollar mark for first time

India's forex reserves cross half-a-trillion dollar mark for first time

Rediff.com12 Jun 2020

The reserves rose to $501.70 billion helped by a whopping rise in foreign currency assets, the latest data from the Reserve Bank of India.

India's forex reserves up by $6.70 billion

India's forex reserves up by $6.70 billion

Rediff.com8 Jul 2011

The country's forex reserves jumped by $6.70 billion to $315.72 billion on the back of sharp increase in the foreign currency assets, the Reserve Bank of India said on Friday.

Forex reserves jump by $2.76 bn to $632.95 bn

Forex reserves jump by $2.76 bn to $632.95 bn

Rediff.com25 Feb 2022

The country's foreign exchange reserves increased by $2.76 billion to $632.95 billion for the week ended February 18 on a healthy rise in the value of gold reserves and core currency assets, the RBI said on Friday. In the previous reporting week, the overall reserves had declined by $1.76 billion to $630.19 billion. During the reporting week, the rise in overall reserves was on account of an increase in the foreign currency assets (FCA), a major component of the overall reserves, the Reserve Bank of India's (RBI) weekly data released on Friday showed.

Forex reserves drop by $520 mn

Forex reserves drop by $520 mn

Rediff.com28 May 2005

India's forex reserves fell for the fourth week in a row by $520 million to $139 billion for the week ended May 20, 2005.

Forex reserves up by $88 mn

Forex reserves up by $88 mn

Rediff.com23 Apr 2005

India's foreign exchange reserves rose by $88 million to $141.54 billion for the week ended April 15, 2005.

Forex reserves cross $118 bn mark

Forex reserves cross $118 bn mark

Rediff.com8 May 2004

The surge in India's foreign exchange reserves continued with a further rise of $611 million to cross $118 billion for the week ended April 30.

India's forex reserves up $332 mn

India's forex reserves up $332 mn

Rediff.com23 Oct 2004

India's foreign exchange reserves rose by $332 million during the week ended October 15, 2004, compared to $20 million a week earlier.

Forex reserves cross $117 bn mark

Forex reserves cross $117 bn mark

Rediff.com24 Apr 2004

India's foreign exchange reserves continued their upward swing, crossing the $117 billion mark with further inflows of $1.53 billion for the week ended April 16.

Forex reserves down by $1.76 bn to $630.19 bn

Forex reserves down by $1.76 bn to $630.19 bn

Rediff.com18 Feb 2022

The country's foreign exchange reserves declined by $1.76 billion to $630.19 billion in the week ended on February 11, the RBI data showed. In the previous week ended February 4, the reserves had risen by $2.2 billion to $631.95 billion. It touched a lifetime high of $642.45 billion in the week ended on September 3, 2021.

Forex reserves at three-year low

Forex reserves at three-year low

Rediff.com13 Jul 2013

The fall in reserves was due to a sharp fall in foreign currency assets.

Forex reserves shoot past $119 billion

Forex reserves shoot past $119 billion

Rediff.com14 Aug 2004

After witnessing a downward trend for the past two weeks, India's foreign exchange reserves rose by $1.01 billion to cross the $119 billion mark during the week ended August 6.

Bank strike: Traders see thin volume in forex mkts

Bank strike: Traders see thin volume in forex mkts

Rediff.com22 Aug 2012

Also, there were not many clients in the market as they had already made alternate arrangements due to the strike.

The RBI report on forex reserves

The RBI report on forex reserves

Rediff.com3 Feb 2004

In the wake of foreign exchange reserves of the country reaching $100 billion, the Reserve Bank of India (RBI) has undertaken a review of the main policy and operational matters relating to management of the reserves.

India's forex reserves rise to $312.5 billion

India's forex reserves rise to $312.5 billion

Rediff.com13 Jun 2014

In the previous week, total reserves dropped by $273.8 million to $312.382 billion.

Forex reserves growth may slow: IEG

Forex reserves growth may slow: IEG

Rediff.com29 Dec 2003

India's foreign exchange reserves, now at $100.05 billion, is expected to reach $104 billion by March, but its high growth may slow down due to rising trade deficit, according to the Institute of Economic Growth.

India's forex reserves rise to $286.26 bn

India's forex reserves rise to $286.26 bn

Rediff.com30 Nov 2013

The forex reserves rose for the third consecutive week, surging by a robust $2.691 billion to $286.26 billion on a healthy jump in foreign currency assets, the Reserve Bank said.

India's forex tally hits record high at $367.76 bn

India's forex tally hits record high at $367.76 bn

Rediff.com9 Sep 2016

The reserves had touched an all-time high of $367.16 billion previously

Forex reserves zoom to $110 bn

Forex reserves zoom to $110 bn

Rediff.com27 Mar 2004

Foreign exchange reserves climbed further by $ 402 million to a new record high of $109.998 billion during the week ended March 19 from $109.596 billion a week ago.

Forex reserves jump to $107 billion

Forex reserves jump to $107 billion

Rediff.com21 Feb 2004

India's foreign exchange reserves grew further by $899 million to touch $107.5 billion for the week ended February 13.

India's forex reserves near $105 billion

India's forex reserves near $105 billion

Rediff.com7 Feb 2004

The country's foreign exchange reserves went up by $761 million to $104.998 billion in the period under review, according to Reserve Bank of India's weekly statistical supplement released in Mumbai on Saturday.

ED issues notice to Karti Chidambaram for forex violations

ED issues notice to Karti Chidambaram for forex violations

Rediff.com17 Apr 2017

Show-cause notice has been issued to M/s Advantage Strategic Consulting Private Limited, its directors and also to Karti P Chidambaram who appears to be the controller and ultimate beneficiary in these transactions, the ED said in its notice.

Forex reserves down by $4.53 bn to $629.75 bn

Forex reserves down by $4.53 bn to $629.75 bn

Rediff.com4 Feb 2022

The country's foreign exchange reserves declined by $4.53 billion to stand at $629.75 billion in the week ended January 28, RBI data showed on Friday. In the previous week ended January 21, the reserves had decreased by $678 million to $634.29 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

Rupee falls 10 paise to 79.23 against US dollar

Rupee falls 10 paise to 79.23 against US dollar

Rediff.com8 Jul 2022

The rupee declined by 10 paise to close at 79.23 (provisional) against the US dollar on Friday, tracking the strength of the American currency in the overseas market. At the interbank foreign exchange market, the local currency opened at 79.20 and finally ended at 79.23, down 10 paise over its previous close of 79.13. "Gains for the currency were short-lived even after RBI announced forex related measures. "Pound held on to its gains after Boris Johnson said he was quitting as prime minister following a rush of ministerial resignations and calls for him to go," said Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services.

India's forex reserves cross $77 bn

India's forex reserves cross $77 bn

Rediff.com3 May 2003

India's foreign exchange reserves crossed the $77 billion mark, a record high, following fresh inflows during the week ended April 25.

Investing In Shares? How Technical Analysis Can Help

Investing In Shares? How Technical Analysis Can Help

Rediff.com7 Nov 2023

Technical analysis can help you understand market trends so that you can make informed investment decisions, says Rupak De, senior technical analyst at LKP Securities.

Report forex exposures, govt tells PSU banks

Report forex exposures, govt tells PSU banks

Rediff.com1 May 2008

The move comes even as Bank of India on Wednesday said its corporate clients will suffer mark-to-market losses of around Rs 125 crore. It has 34 clients with 74 derivative transactions. Last week, State Bank of India said its clients may incur MTM losses of up to Rs 700 crore at the end of March 2008.

India pitches for a rating upgrade with Moody's, questions methodology

India pitches for a rating upgrade with Moody's, questions methodology

Rediff.com16 Jun 2023

India on Friday made a strong pitch for a sovereign rating upgrade with Moody's and also questioned the parameters based on which the US-based agency accords ratings, sources said on Friday. Ahead of its annual review of the sovereign rating, Moody's Investors Service representatives met Indian government officials during which the officials highlighted the reforms and strong fundamentals of the Indian economy. A higher rating for India would mean the nation is less riskier, translating into lower interest rates on borrowings.