Forex Reserves

India’s forex reserves jump to 9-month high – Times of India

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[ad_1] MUMBAI: India’s foreign exchange reserves jumped to $584.76 billion for the week ended April 7, the highest in nine months, the Reserve Bank of India‘s (RBI) statistical supplement showed on Friday.That is an increase of $6.3 billion from the previous week.The central bank intervenes in the spot and forwards markets to prevent runaway moves … Read more

India’s Forex Reserves Rise To Over Eight-Month High

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[ad_1] New Delhi: India’s foreign exchange reserves rose sharply by USD 5.977 billion to USD 578.778 billion, hitting an over eight-month high. During the prior week that ended on March 17, they rose by USD 12.798 billion to USD 572.801 billion, according to the Reserve Bank of India data. According to RBI’s latest data, India’s … Read more