The special drawing rights were, however, down $26 million to $18.53 billion. India's reserve position with the IMF was also ...

At the interbank foreign exchange, the rupee started strong at 85.28 and moved between 85.28 and 85.70 during the day. It ...

This marks a rise of $4.553 billion in forex reserves when compared to the preceding week, the RBI data showed.

According to the report, India’s total foreign exchange reserves stood at USD 688.13 billion as on April 25, 2025, reflecting ...

Mumbai: The global currency market witnessed a historic shift as the US dollar saw a major fall, breaking a 35-year record.

India saw sharp surge in ECBs during March, with private sector companies raising a record $11 billion. Of the total, $8.3 ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Investopedia ...

This act allows the RBI to facilitate external trade and payments to promote the development and health of the foreign exchange market in India. The RBI acts as a regulator and supervisor of the ...

The Indian rupee opened sharply higher at 84.62 per US dollar on Tuesday (May 13), strengthening by 75 paise from Friday’s ...

Currency markets were "fairly contained" and 10-year Indian government ... Darren Tay, head of APAC country risk at BMP said, ...

Pakistan’s currency market remains stable despite tensions with India. Foreign exchange companies are supplying $25 million ...

India’s foreign exchange law changes have made cross-border share swaps easier for NRIs. But tax implications may still arise ...