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India's forex reserves fall to $319.35 bn as of Aug 8

Last Updated: Friday, August 15, 2014, 19:09

Foreign exchange reserves include India`s Reserve Tranche position in the International Monetary Fund.

RBI sparks confusion despite $4.1 billion in cash injections

Last Updated: Tuesday, August 12, 2014, 20:17

Although the overnight cash rate closed at 8.00/8.05 percent, in line with the repo rate, it fluctuated in a wide 8.00 percent to 8.80 percent range through the session.

RBI net buys $597 mn in spot forex market for 3rd month in June

Last Updated: Tuesday, August 12, 2014, 18:31

The Reserve Bank became net purchaser of dollars for the third consecutive month in June this fiscal as it bought USD 597 million from the spot market.

Forex reserves rise $643.2 mln to $317.03 bn

Last Updated: Friday, July 18, 2014, 19:44

In the previous week, reserves had risen by USD 614.6 million to USD 316.393 billion.

Rupee extends losses; lack of dollar supplies hurts

Last Updated: Monday, July 07, 2014, 14:59

Asian currencies trading mixed versus the dollar.

India's forex reserves fall $273.8 mn to $312 bn

Last Updated: Friday, June 06, 2014, 18:46

The gold reserves remained unchanged at USD 20.965 billion in the reporting week.

RBI eases some additional provisioning rules on unhedged FX exposure

Last Updated: Tuesday, June 03, 2014, 13:38

The RBI also clarified that incremental provisioning for unhedged forex exposures will be treated as general provisioning under Tier II capital.

India's forex reserves plunge $2 bn to $312.6 bn

Last Updated: Friday, May 30, 2014, 21:44

In the previous week, the total reserves had risen by USD 1.093 billion to USD 314.92 billion.

RBI to shortly issue Rs 1000 banknotes without inset letter

Last Updated: Thursday, May 29, 2014, 21:03

The Reserve Bank would shortly issue Rs 1,000 denomination banknotes without inset letter in the Mahatma Gandhi series-2005.

RBI eases forward forex contracts norms for importers

Last Updated: Tuesday, May 27, 2014, 22:33

Providing importers with greater flexibility in hedging, Reserve Bank on Tuesday allowed them book forward foreign exchange contracts up to 50 percent of the eligible limit.

Modi government constitutes SIT to unearth black money

Last Updated: Tuesday, May 27, 2014, 21:06

In the first decision after assuming office, the Narendra Modi government on Tuesday constituted a special investigative team (SIT) to unearth black money.

Round off all transactions to nearest rupee: RBI to NBFCs

Last Updated: Tuesday, May 27, 2014, 20:53

The RBI said it was brought to its notice that some NBFCs were carrying out such transactions without rounding off to the nearest rupee.