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India's forex reserves inch towards $300 billion mark

Last Updated: Friday, March 21, 2014, 19:28

The reserves had jumped by USD 1.09 billion to USD 295.45 billion in the previous reporting week.

Forex reserves rise $954.6 mn to $294.3 bn

Last Updated: Friday, March 07, 2014, 18:41

The country's foreign exchange reserves rose by USD 954.6 million to USD 294.36 billion on account of gains in the value of gold reserves, the Reserve Bank said on Friday.

Forex reserves rise $1.46 bn to $293.79 billion

Last Updated: Friday, February 21, 2014, 20:04

India's foreign exchange reserves surged by USD 1.46 billion to USD 293.79 billion in the week ended February 14 on account of increase in the currency assets, the Reserve Bank said Friday.

Forex reserves drop $1.17 bn to $291 bn

Last Updated: Friday, February 07, 2014, 20:22

India's foreign exchange reserves fell by USD 1.168 billion to USD 291.07 billion in the week ended January 31 on the back of decline in the core component of the reserves, Reserve Bank said Friday.

For companies, a rocky road ahead in emerging markets

Last Updated: Saturday, February 01, 2014, 02:33

International companies are taking steps to mitigate the effects of the turmoil in emerging markets, including hedging foreign currency exposure more aggressively, reducing some investment plans, cutting costs, and raising prices frequently.

Forex reserves plunge sharply to $292 billion

Last Updated: Friday, January 24, 2014, 21:47

During the week under review, the gold reserves were unchanged USD 19.724 billion.

Indian firms raise $4.56 bn from foreign markets in Dec

Last Updated: Friday, January 24, 2014, 16:42

Indian companies raised USD 4.56 billion from the overseas market in December, twice as much as they did in the previous month, through external commercial borrowings and foreign currency convertible bonds.

India's forex reserves surge $179 million to $293 billion

Last Updated: Friday, January 17, 2014, 20:00

India's foreign exchange reserves rose by USD 177.8 million to USD 293.28 billion in the week ended January 10 on the back of a healthy rise in a key component of the assets, Reserve Bank said Friday.

India's forex reserves drop $2.5 bn to $293 bn

Last Updated: Friday, January 10, 2014, 20:59

India's foreign exchange reserves declined by USD 2.599 billion to USD 293.11 billion in the week ended January 3 on account of a fall in foreign currency assets, RBI said today.

`Hawala` operator held with foreign currency worth Rs 1.22 cr

Last Updated: Wednesday, January 08, 2014, 21:36

An alleged hawala operator was arrested on Wednesday for allegedly trying to smuggle out foreign currency worth Rs 1.22 crore at international airport here.

IDBI Bank shares fall 2% after S&P lowers rating

Last Updated: Tuesday, November 26, 2013, 13:31

The foreign currency issuer credit rating on IDBI Bank was cut to 'BB+/B' from 'BBB-/A-3'. The outlook on the long-term rating is negative, S&P had said.

FCNR swap plan open till Nov 30 as of now: RBI

Last Updated: Monday, November 25, 2013, 12:40

The deadline for concessional swap facility to get foreign currency non-resident (bank), or FCNR (B), deposits remains open till November 30, a central bank deputy governor H.R. Khan said on Monday, unlike an extension provided to the other swap scheme.