Topic: Foreign exchange reserves
India’s Foreign Exchange Reserves
India’s foreign exchange reserves are external assets held and managed by the Reserve Bank of India on behalf of the Government of India. These reserves consist of (1)...
Foreign Exchange Reserve
Foreign exchange reserves are the assets that a country’s central bank or monetary authority holds to ensure a balance of payments in the country, maintain stability in the...
IMF 4.7 billion USD support program for Bangladesh
The Bangladesh Government has been facing several macroeconomic issues. The country holds a huge current account deficit. The value of the Taka, the currency of Bangladesh has been...
RBI’s Digital Payment Index
The Reserve Bank of India recently released the Digital Payment Index. According to the index, the digital payments in the country have increased by 40% in September 2021... India’s foreign exchange reserves increased by USD 2.039 billion
As per RBI data, India’s foreign exchange reserves increased by USD 2.039 billion in the first week of October 2021. Highlights Foreign exchange now stands at USD 639.516 billion....
Foreign exchange reserves surge by USD 9.427 billion
As per RBI Data, India’s foreign exchange reserves surged by USD 9.427 billion. Foreign exchange reserves now stand at a record high of USD 620.576 billion in the...
Forex Reserves of India are rising
The Forex Reserves of India are increasing and are to hit 500 billion USD soon. In May 2020, the Indian Forex Reserves touched an all time high of...
Cabinet Approval: To amend Companies Act, 2013
On March 4, 2020, the Union Cabinet approved 72 changes to the Companies Act, 2013. The main aim of the amendment is to decriminalize the provisions in the...
India’s Foreign Exchange touches all time high of 457.468 billion USD
RBI announced that Foreign Exchange Reserves of India has swelled by 2.52 billion USD in the week that ended on December 27, 2019. The Central Bank also said...
Foreign Exchange reserve touches a new high of 451.08 billion USD
According to the weekly data released by the Reserve Bank of India, the foreign exchange reserve touched a new high of 451.08 billion USD. The foreign exchange currency...
India’s forex reserves at new life-time high of $430.57 bn
According to latest Reserve Bank of India (RBI) data, India’s foreign exchange (forex) reserves surged to new life-time high of US 430.572 billion in week to August 9,...
