Wed, Apr 24, 2024
In a circular, the Reserve Bank said it has come across instances of unauthorised entities offering foreign exchange (forex) trading facilities to Indian residents with promises of disproportionate/exorbitant returns.
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Mon, Apr 22, 2024
Forex traders said there was likely some intervention by the Reserve Bank of India which resulted in the pullback of the local unit.
Thu, Apr 04, 2024
In a statement, the Reserve Bank of India (RBI) also said the regulatory framework for ETCDs has remained consistent over the years and that "there is no change in the RBI's policy approach".
Wed, Jan 05, 2022
The rupee surged 23 paise to close at 74.35 (provisional) against the US dollar on Wednesday, tracking gains in domestic equity markets.
Tue, Jan 04, 2022
The rupee declined by 26 paise to 74.54 against the US dollar in opening trade on Tuesday, tracking the strength of the American currency in the overseas market.
Wed, Dec 29, 2021
The Indian rupee was trading in a narrow range in morning trade on Wednesday as muted domestic equities and firm crude oil prices weighed on investor sentiments.
Wed, Dec 15, 2021
The rupee has been under pressure for the past five weeks due to consistent forex outflows on expectations of faster rate of tapering by the US Federal Reserve to rein in rising inflation.
Mon, Nov 29, 2021
There is good news for all those who have traded in financial markets earlier or are thinking of trading ahead, as Nitish Sharma, Global CEO, TP Gobal FX has some important tips for them.
Fri, Oct 29, 2021
The country's foreign exchange reserves declined by USD 908 million to USD 640.1 billion in the week ended October 22, RBI data showed.
Fri, Oct 15, 2021
The country's foreign exchange reserves rose by USD 2.039 billion to USD 639.516 billion in the week ended October 8, according to RBI data.
Fri, Sep 10, 2021
For the week ended September 3, the increase was on account of a rise in foreign currency assets, a major component of the overall reserves, RBI weekly data released on Friday showed.
Sun, Jan 03, 2021
Expectations of continuous foreign investment into the domestic equity market will support the new found strength in Rupee, analysts opined.
Sun, Aug 30, 2020
India's foreign exchange reserves jumped higher by $2.296 billion, during the week ended August 21.
A liquidity gush in the stock markets powered rupee to break the 74-mark as it ended at 73.80 to a dollar, making it the strongest currency in the past three months, closing at a five-month high.
Sun, Aug 23, 2020
Optimism over the development of Covid-19 vaccine along with broad-based growth trends is expected to induce volatility in the rupee's value during the short term.
Sun, Jul 26, 2020
Rising foreign reserves along with healthy Foreign Direct Investment (FDI) inflows are expected to strengthen the Indian rupee in the immediate-to-short run.
Sun, Jul 19, 2020
The Indian rupee is expected to strengthen as healthy FDI inflows along with FII funds pour into the country.
Sun, Mar 15, 2020
India's foreign exchange reserves made healthy gains of $5.69 billion during the week ended March 6.
Sat, Nov 09, 2019
India's foreign exchange reserves rose by $3.51 billion during the week ended November 1, official data showed on Friday.
Fri, Apr 12, 2019
Expressed in dollar terms, foreign currency assets include the effect of appreciation/ depreciation of non-US currencies like the euro, pound and the yen held in the reserves.
Fri, Apr 05, 2019
Outward Remittance is when a resident of India or an NRI, transfers funds in foreign exchange, to a beneficiary outside the country (except Nepal and Bhutan)
Mon, Apr 01, 2019
The $5.1-trillion-a-day foreign exchange market is suffering more than most from central bank decisions to move in tandem and keep interest rates low for longer.
Mon, Feb 18, 2019
This segment of Zee Business brings to you latest on RBI's Central board meeting in which decision on paying interim dividend to govt can be taken. Watch full video to know more.
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