NEW DELHI: India’s foreign exchange reserves declined by $8.478 billion to settle at $644.391 billion for the week ending on December 20, according to the Reserve Bank of India (RBI) on Friday.This marks a continued slide after a $1.988 billion drop in the previous week, bringing reserves to a six-month low of $652.869 billion, news…
India’s foreign exchange reserves fell by nearly $2 billion to an almost six-month low of $652.87 billion as of December 13, data from the Reserve Bank of India (RBI) showed on Friday. The reserves had declined by $3.2 billion in the week of December 6, and have declined by $52 billion from the record high…
Mukesh Kumar (Getty Images) BRISBANE: The Indian cricket team has decided to release travelling reserves Yash Dayal, Mukesh Kumar and Navdeep Saini, and the trio are likely to feature in the Vijay Hazare Trophy starting from December 21. The three seamers have been with India squad right from the start of the Border-Gavaskar Trophy but…
Top 10 countries with most gold reserves 2024: Did you know that the United States of America has almost 10 times the amount of gold reserves as India? The US also has 3.5 times the gold reserves of China! So which country has the highest gold reserves? How much gold reserves does India have? RBI…
India’s forex reserves rise to $658.09 billion NEW DELHI: India’s foreign exchange reserves increased by $1.51 billion to $658.09 billion in the week ending November 29, the Reserve Bank of India (RBI) reported on Friday. This marks the first rise in nine weeks, recovering from a five-month low.The reserves had previously declined by a cumulative…
The RBI maintains that its gold reserves serve primarily to diversify its foreign currency assets portfolio. (AI image) The RBI’s strategic gold buying has bolstered India’s foreign exchange reserves, offsetting the significant outflow of foreign portfolio investments that resulted in a $47 billion reduction in reserves over a five-week period.Since December 2017, the RBI has…
MUMBAI: Foreign exchange reserves fell by nearly $18 billion in the week ending Nov 15-the sharpest fall on record-as global investors continued pulling out funds from Indian stock markets.According to RBI data, forex reserves declined by $17.8 billion to $657.9 billion during that week. The decline was largely due to a $15.5 billion drop in…
NEW DELHI: India’s foreign exchange reserves declined $17.761 billion, reaching $657.892 billion for the week ended November 15, as reported by the RBI on Friday. In the prior week ending November 8, the forex declined $6.477 billion to $675.653 billion. The reserves, which achieved a record high of $704.885 billion in late September, have witnessed…
PERTH: Left-arm seam bowler Yash Dayal has been added to India’s reserve pacers’ list after Khaleel Ahmed had to be sent back home due to an unspecified niggle.Dayal, who was added in the Test squad during the Bangladesh series, was in South Africa for the T20I series but didn’t play a single match.He flew directly…