Last Updated: Friday, August 15, 2014, 19:09
Foreign exchange reserves include India`s Reserve Tranche position in the International Monetary Fund.
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.
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.
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.
Last Updated: Monday, July 07, 2014, 14:59
Asian currencies trading mixed versus the dollar.
Last Updated: Friday, June 06, 2014, 18:46
The gold reserves remained unchanged at USD 20.965 billion in the reporting week.
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.
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.
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.
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.
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.
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.
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