Foreign exchange

Rupee pares early gains, down 5 paise vs USD

The rupee pared its early gains to trade down by 5 paise at 64.94 against the dollar on emergence of demand for the US currency from importers and banks despite higher local equities.

May 24, 2017, 11:27 AM IST
Forex reserves down $360.9 million to $362.78 billion

Forex reserves down $360.9 million to $362.78 billion

India's foreign exchange reserves dropped by USD 360.9 million to USD 362.785 billion in the week to February 10 due to decline in foreign currency assets (FCAs), a key component, the Reserve Bank said today.

Feb 17, 2017, 20:46 PM IST
China's yuan lost 7% value in 2016, worst in 22 years

China's yuan lost 7% value in 2016, worst in 22 years

China has reduced the share of US dollars in its foreign exchange basket and added 11 more currencies for measuring the yuan which lost about seven percent value against US dollar last year becoming the worst-performing major Asian currency, a media report said.

Jan 02, 2017, 17:16 PM IST
Forex reserves decline by $935.2 million to $359.671 billion

Forex reserves decline by $935.2 million to $359.671 billion

India's foreign exchange reserves declined by USD 935.2 million to USD 359.671 billion in the week to December 23 on account of fall in foreign currency assets, the Reserve Bank said on Friday.

Dec 30, 2016, 18:30 PM IST

Forex reserves move up by $1.166 billion to $370.766 billion

India's foreign exchange reserves increased by USD 1.166 billion to reach USD 370.766 billion for the week to September 23 on account of rise in foreign currency assets, as per RBI data.

Sep 30, 2016, 19:33 PM IST
China's forex reserves fall $16 billion in August

China's forex reserves fall $16 billion in August

China's foreign exchange reserves fell by some $16 billion dollars in August, officials said Wednesday, as the country`s central bank sold dollars to defend its currency against capital outflows.

Sep 07, 2016, 17:33 PM IST

US charges two HSBC executives over forex-related scheme

A senior HSBC Holdings Plc manager has been arrested and charged alongside a former foreign exchange executive with engaging in a scheme to front-run a $3.5 billion transaction by one of the bank`s clients, US prosecutors said on Wednesday.

Jul 21, 2016, 08:54 AM IST
Rupee opens 3 paise higher against dollar at 66.74

Rupee opens 3 paise higher against dollar at 66.74

Mumbai: The rupee appreciated by 3 paise to 66.74 against the dollar in early trade on Wednesday on increased selling of the US currency by exporters and banks amid higher foreign inflows.

Jun 08, 2016, 11:46 AM IST
Remittances by overseas Indians fall by 2.9%, first decline since 2009

Remittances by overseas Indians fall by 2.9%, first decline since 2009

For the first time since 2009, remittances by the overseas Indians slowed down bringing worries to external advisers of Reserve Bank of India (RBI) governor Raghuram Rajan abou the monetary policy impact.

May 06, 2016, 08:57 AM IST
Forex reserves surge to record high of $359.759 bn

Forex reserves surge to record high of $359.759 bn

India's foreign exchange reserves surged by a whopping USD 4.2 billion to touch a record high of USD 359.759 billion in the week ended April 1, mainly on account of rise in foreign currency assets, the Reserve Bank said today.

Apr 09, 2016, 00:04 AM IST

India's Forex reserves rise by $2.53 billion

According to the Reserve Bank of India`s (RBI) weekly statistical supplement, the overall Forex reserves swelled by $2.53 billion to $355.94 billion.

Mar 25, 2016, 17:55 PM IST
 Forex reserves down by $3.58 bn to $346.79 bn

Forex reserves down by $3.58 bn to $346.79 bn

Country's foreign exchange reserves declined by a whopping USD 3.58 billion to USD 346.79 billion in the week ended February 26, on account of fall in foreign currency assets (FCAs), according to Reserve Bank

Mar 04, 2016, 19:44 PM IST
Forex reserves up by $347.2 mn to $351.831 bn

Forex reserves up by $347.2 mn to $351.831 bn

Country's foreign exchange reserves rose by USD 347.2 million to USD 351.831 billion in the week to February 12, helped by an increase in foreign currency assets (FCAs), according to the Reserve Bank.

Feb 20, 2016, 17:17 PM IST

Akhilesh Pratap Singh answers viewers' questions over the achievements of Congress

Our viewers raises questions over the praises done by anyone for Congress in it's ruling period.

Dec 12, 2015, 20:41 PM IST

Shah Rukh questioned by ED on alleged FEMA violations

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Nov 11, 2015, 13:55 PM IST
Get foreign currency through this app!

Get foreign currency through this app!

Now you can buy/sell foreign currency and get it delivered at your doorstep. 

Oct 27, 2015, 02:30 AM IST
Rupee gains 19 paise at 65.77 against US dollar

Rupee gains 19 paise at 65.77 against US dollar

The rupee rose by 19 paise at 65.77 against the US dollar in early trade on Wednesday at the Interbank Foreign Exchange after the Reserve Bank cut interest rates by 0.50 per cent yesterday.

Sep 30, 2015, 10:00 AM IST

Rupee ends at 66.05 vs US dollar, recovers 11 paise

Snapping its four-day losing streak, the rupee on Monday recovered by 11 paise to end at 66.05 against the dollar on selling of the American currency by banks and exporters amid fall in domestic equities.

Sep 28, 2015, 19:02 PM IST
Emerging market with limited forex at higher risk to US rate hike: Moody's

Emerging market with limited forex at higher risk to US rate hike: Moody's

Moody's Investors Service today said emerging market (EM) economies with limited foreign exchange buffers are more at risk to a rise in interest rates in the US.

Sep 17, 2015, 11:47 AM IST
Forex reserves continues to shrink, declines by close to $3 bn again

Forex reserves continues to shrink, declines by close to $3 bn again

In the previous reporting week, the reserves had fallen sharply by USD 3.433 billion to USD 351.920 billion.

Sep 11, 2015, 18:14 PM IST