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Forex reserve

South Indian Bank Q2 net profit rises 18%; employees base declines on automation gains Mumbai

South Indian Bank Q2 net profit rises 18%; employees base declines on automation gains Mumbai

Wed, Oct 16, 2024

The lender's core net interest income grew 6 per cent to Rs 882 crore on the back of a 13 per cent growth in advances and 0.07 per cent narrowing of the net interest margin to 3.24 per cent.

Rupee Vs Dollar: Domestic currency falls 2 paise to 83.98 against US dollar

Rupee Vs Dollar: Domestic currency falls 2 paise to 83.98 against US dollar

Thu, Oct 10, 2024

Currency Market Update: Rupee depreciated 2 paise to close at 83.98 against the US dollar on Thursday amid sustained foreign fund outflows and elevated crude oil prices. However, a marginal decline in the value of the greenback against overseas currencies, and rise in the domestic equity market supported the local unit and prevented further slide in the domestic unit, forex traders said.

India's forex reserves rise by $816 million to scale 653.7 billion mark

India's forex reserves rise by $816 million to scale 653.7 billion mark

Fri, Jun 28, 2024

The country's forex reserves had contracted by $2.92 billion to $652.9 billion for the week ending on June 14 after rising steadily to a lifetime high in the preceding weeks.

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India's forex reserves decline USD 2 billion and come off record highs

India's forex reserves decline USD 2 billion and come off record highs

Sun, Jun 02, 2024

In the process, they touched a fresh lifetime high.Preceding those three weeks, the forex kitty had seen three consecutive weeks of decline.

India's forex kitty rises by $6.40 billion to $642.50 billion

India's forex kitty rises by $6.40 billion to $642.50 billion

Fri, Mar 22, 2024

India's forex reserves increased by USD 6.396 billion to USD 642.492 billion for the week ended March 15, the Reserve Bank said. In the previous reporting week, the overall reserves had risen by USD 10.47 billion to USD 636.095 billion.

Forex reserves jump USD 1.63 billion to USD 618.9 billion

Forex reserves jump USD 1.63 billion to USD 618.9 billion

Fri, Jan 19, 2024

The country's forex kitty had reached an all-time high of USD 645 billion in October 2021. The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.

India's forex kitty increases by $5.077 billion to $595.397 billion in a week: RBI data

India's forex kitty increases by $5.077 billion to $595.397 billion in a week: RBI data

Sat, Nov 25, 2023

India's foreign exchange reserves increased by $5.077 billion to $595.397 billion for the week ended November 17, the latest data released by the RBI showed.

India's forex reserves drop by USD 329 million to USD 578.45 billion

India's forex reserves drop by USD 329 million to USD 578.45 billion

Fri, Apr 07, 2023

The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.

Indian forex reserves grow by USD 2.9 billion to USD 550.14 billion

Indian forex reserves grow by USD 2.9 billion to USD 550.14 billion

Sat, Dec 03, 2022

In October 2021, the country's forex kitty had reached an all-time high of USD 645 billion. The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.

Foreign exchange reserve swells by USD 6.561 billion to USD 531.081 billion

Foreign exchange reserve swells by USD 6.561 billion to USD 531.081 billion

Fri, Nov 04, 2022

India's forex reserves increased by USD 6.561 billion to reach USD 531.081 billion for the week ended October 28, the RBI said on Friday. The overall reserves, which have been on a declining spree, had dropped by USD 3.847 billion to USD 524.52 billion in the previous reporting week.

Decline in India's forex reserves largely due to valuation changes arising from appreciating US dollar: Sitharaman

Decline in India's forex reserves largely due to valuation changes arising from appreciating US dollar: Sitharaman

Sat, Oct 15, 2022

"India's foreign exchange reserves at USD 537.5 billion as on September 23, 2022, compare favourably with most peer economies. Two-thirds of the decline in reserves is due to valuation changes arising from an appreciating US dollar and higher US bond yields," Sitharaman said.

India's forex reserves jump 60x since 1990s, surge 335 times since Independence | Check this data

India's forex reserves jump 60x since 1990s, surge 335 times since Independence | Check this data

Tue, Aug 09, 2022

India's forex reserve has seen tremendous growth since 1990s. As per a data from Ministry of Information and Broadcasting, the India's forex reserve which stood at 9.22 USD Billion in 1991-92, jumped to 607 USD billion in 2021-22.

India's forex reserves decline USD 1.14 billion to USD 640.8 billion

India's forex reserves decline USD 1.14 billion to USD 640.8 billion

Fri, Nov 12, 2021

India's forex reserves decreased by USD 1.145 billion to USD 640.874 billion for the week ended on November 5.

India's forex reserves up by over $1.92 bn till October 29

India's forex reserves up by over $1.92 bn till October 29

Fri, Nov 05, 2021

India`s foreign exchange reserves rose by $1.919 billion during the week ended October 29.

Forex reserve dips for second straight week to $366.1 billion

Forex reserve dips for second straight week to $366.1 billion

Fri, Oct 21, 2016

Since the start of year 2016, forex reserves had touched a new high week after week as RBI built up its reserves to prepare against externalities.

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