Foreign Exchange News

The Rupee is projected to trade within the 94.50-96.50 range, supported by increased Reserve Bank of India interventions and stronger dollar inflows.

भारत का विदेशी मुद्रा भंडार रिकॉर्ड 44.903 बिलियन डॉलर बढ़कर 740.803 बिलियन डॉलर के नए सर्वकालिक उच्च स्तर पर पहुंच गया है।

India's forex reserves have increased by USD 11.47 billion, reaching a new all-time high of USD 740.8 billion. This surpasses the previous record of USD 728.494

South Korean foreign exchange authorities reportedly purchased $20 billion in repatriated funds from SK Hynix, according to an exclusive source.

ICICI Bank mobilized gross USD 17.88 billion through FCNR(B) deposits by August 31, utilizing the RBI's concessional swap facility to strengthen India's externa

The Reserve Bank of India reportedly intervened in foreign exchange markets to support the rupee, which was pressured by rising oil prices and corporate dollar

The Indian rupee saw a modest gain on Wednesday, supported by the Reserve Bank of India's dollar sales, despite pressure from crude oil prices. Traders anticipa

The Indian Rupee gained 13 paise against the U.S. dollar, closing at 95.15 following the RBI's policy decision. The currency traded between 94.89 and 95.25 duri

The Reserve Bank of India (RBI) has appointed Monisha Chakraborty as its new Executive Director. She will be responsible for overseeing the foreign exchange and

The RBI's special forex swap facility attracted over ₹3.89 lakh crore by July-end, with FCNR(B) deposits accounting for the majority of the inflows at ₹3.50 lak

The Reserve Bank of India sold $6.1 billion in foreign exchange during May to support the Indian rupee, which had fallen to a record low due to surging oil pric

Indian seamless pipe manufacturers contribute USD 1.4 billion annually in foreign exchange through import substitution and overseas sales, aligning with the vis

A minister stated that no decision has been made to increase ethanol blending in petrol beyond 20%, with any future increase dependent on scientific studies and

India's foreign exchange reserves recently increased by over seven billion dollars, serving as the nation's emergency fund for external payments. These reserves

Forex reserves increased by $7.3 billion in the week ending July 3.

India's growing middle class is increasingly spending on products and services linked to foreign currencies, leading to a more dollar-intensive consumption econ