File image for representation. | Photo Credit: REUTERS India’s forex reserves dropped by $5.681 billion to $561.267 billion for the week ended February 17, the RBI said on Friday. This is the third consecutive week of a drop in the reserves after the $8.319 billion decrease in the previous reporting week to $566.948 billion. In […]
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The FM made these remarks during the ongoing annual meeting of the World Bank and the IMF The FM made these remarks during the ongoing annual meeting of the World Bank and the IMF The decline in India’s foreign exchange reserves is largely due to the valuation changes arising from an appreciating U.S. dollar, Union […]
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The FM made these remarks during the ongoing annual meeting of the World Bank and the IMF The FM made these remarks during the ongoing annual meeting of the World Bank and the IMF The decline in India’s foreign exchange reserves is largely due to the valuation changes arising from an appreciating U.S. dollar, Union […]
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India’s foreign exchange reserves fell to $532.66 billion in the week through September 30, lowest level since July 2020, the Reserve Bank of India’s (RBI) weekly statistical supplement showed on Friday. India’s reserves declined for a ninth consecutive week. They were $537.52 billion at the end of the previous week ended September 23. The rupee […]
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Country has strong external balance sheet, limited external debt, says ratings director Country has strong external balance sheet, limited external debt, says ratings director India has built up buffers against cyclical difficulties and has ample foreign exchange reserves to withstand pressure on credit worthiness, S&P Global Ratings said on Thursday. Speaking at the India Credit […]
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