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 Forex reserve at record high of $367.169 billion

Forex reserve at record high of $367.169 billion

The country's foreign exchange reserves increased by a healthy USD 1.346 billion to touch a record high of USD 367.169 billion in the week to August 19 mainly due to a rise in foreign currency assets (FCAs).

Dollar edges down, kiwi firm despite rate cut expectations

The dollar was down 0.2 percent at 102.33 yen , well above last week`s low of 100.68 yen, while the euro was steady at $1.1085.

Yen strengthens as Japan announces stimulus

The Japanese yen rose slightly against the dollar and the euro on Tuesday.

Asian shares at 9-month highs on inflow bets; dollar strong

Asian shares at 9-month highs on inflow bets; dollar strong

Asian stocks climbed to nine-month highs on Thursday, helped by a pickup in capital inflows and a recovery in global oil prices, while the dollar stood strong on growing bets of a U.S. rate increase as early as September.

ADB trims developing Asia growth forecast; India on track

ADB trims developing Asia growth forecast; India on track

ADB on Monday marginally cut economic growth projection for Asia and Pacific region for 2016, though India is likely to meet 7.4 percent and 7.8 percent growth forecast for this and the following year.

Rains, rupee, reforms expected to lift equities

Rains, rupee, reforms expected to lift equities

Healthy monsoon rains, more economic reforms and a firm rupee are expected to support the equity markets` upward trajectory in the coming week.

US, European stocks rise, ending Brexit rout

US and European stocks rose sharply on Tuesday, making their first gains since Britain`s unexpected vote to quit the EU, while the pound rebounded as investors returned to jittery markets.

'India preparing projects worth $2-3 billion for funding by AIIB'

'India preparing projects worth $2-3 billion for funding by AIIB'

India is preparing a basket of projects worth USD 2-3 billion for funding by the Asian Infrastructure Investment Bank (AIIB) in several areas like urban development and energy and is ready to set up an office of the China-backed bank in New Delhi.

Forex reserves touch a life-time high of $363.8 billion

Foreign exchange reserves hit a life-time high of USD 363.8 billion after it rose USD 592.1 million in the week ended June 17, the Reserve Bank said on Friday.

Dollar edges higher vs euro as central banks weigh policy

The dollar pushed higher on the euro and the yen was stronger.

Dollar dips vs yen as Yellen dampens rate hike signal

Less than two weeks ago Yellen said that the US economy was improving enough to support a hike "probably in the coming months."

India’s forex reserves dips marginally to $360.19 bn

India’s forex reserves dips marginally to $360.19 bn

India’s foreign exchange reserves dipped marginally to $360.19 billion as on May 27, the Reserve Bank of India (RBI) has said.

India's forex reserves down $121.3 mn to $360.90 bn

India's forex reserves down $121.3 mn to $360.90 bn

Total reserves had dipped by USD 968 million to USD 361.02 billion in the previous reporting week ended May 13.

India's foreign exchange reserves dip marginally for the second consecutive week

India's foreign exchange reserves dip marginally for the second consecutive week

Foreign exchange of India dipped marginally by $980 million for the second consecutive week to reach $361 billion for the week ended May 13 as per Reserve Bank of India's weekly statistical report.

Singapore unexpectedly eases policy as growth stalls, currency tumbles

Singapore`s central bank unexpectedly eased policy on Thursday after growth stalled in the first quarter, darkening the outlook for the trade-dependent economy and triggering the worst fall in the local dollar in eight months

Dollar slides to 17-month low vs yen as stocks, oil fall

Dollar slides to 17-month low vs yen as stocks, oil fall

The dollar fell on Tuesday to its weakest against the yen since October 2014 as investors pulled away from riskier assets, pushing shares and oil prices lower as the outlook for U.S. interest rates remained clouded. 

Rupee rally continues for 6th day, up 5 paise to 66.21

Extending its winning momentum for the sixth straight sessions, the rupee Monday strengthened by 5 paise to close at 66.21 per dollar on persistent selling of the American currency by banks and exporters amid sustained foreign capital inflows.

RBI intervenes via state-run banks to curb rupee's rise, traders say

RBI intervenes via state-run banks to curb rupee's rise, traders say

The Reserve Bank of India has intervened aggressively to curb the rupee`s strength as it struck three-month highs, two traders said on Thursday, estimating that the central bank had bought around $1 billion since Wednesday.

Rupee extends gains for 2nd day, up 7 paise vs dollar

Rupee extends gains for 2nd day, up 7 paise vs dollar

The rupee extended its gains for the second day on Monday against the US currency, moving up by 7 paise to close at 66.57 a dollar even as stock markets fell

Rupee sinks 24 paise to 66.88 vs dollar in early trade

Rupee sinks 24 paise to 66.88 vs dollar in early trade

The dollar was firm against some global currencies, boosted by optimism over the US economy after GDP figures were revised upwards which also weighed on the rupee, dealers said.