Category : Search result: forex reserves drop


Forex reserves fall $980 million to $686.80 billion

India's foreign exchange reserves declined by $980 million to $686.80 billion for the week ending May 17, as per RBI data. Explore the key factors behind this drop and its economic implications.

IDFC Bank's New Zero-Forex Credit Card for Travelers

IDFC FIRST Bank unveils the Diamond Reserve Credit Card with 0% forex markup, premium travel rewards, and lifestyle benefits for affluent global travellers. Annual fee waiver on spends over ₹6 lakh.

UBS Forecasts Rupee at 94 vs Dollar by FY27

UBS Investment Bank predicts the Indian rupee will weaken to 94 against the US dollar by FY27. Persistent capital outflows, weak nominal growth, and RBI's FX strategy are key drivers. Read the full analysis.

Rupee rebounds 14 paise to 90.16 against US dollar

Indian rupee strengthens, breaking a four-day losing streak. Analysts cite geopolitical risks and foreign capital outflow as key factors influencing the currency's volatile trajectory. Read more for insights.

Rupee slides to 90.28 vs USD on geopolitical tensions

Indian rupee depreciated for the fourth consecutive session, closing 8 paise lower at 90.28 against the US dollar. Geopolitical tensions and a strong dollar weighed on the currency, despite support from lower crude oil prices and foreign fund inflows.

US Airstrikes in Venezuela, National Emergency Declared

The United States launched airstrikes on Venezuela, targeting Caracas and other states. President Trump announced the capture of Nicolas Maduro, escalating tensions over oil and drug trafficking claims. Read the full details.

Tiger's 500km Trek Reveals India's Conservation Paradox

A tiger's unprecedented 500km trek from Chhattisgarh to Bengal highlights the success and new crisis of Project Tiger: too many big cats are now spilling into human areas. Discover India's plan to manage this.

Indian Rupee Saw Most Volatility in 2025

The Indian rupee experienced its most volatile year in 2025, swinging wildly against the US dollar. Discover the key drivers, from Fed policy to geopolitical tensions, and what lies ahead for the currency.

Top 5 Gold Mining Countries in 2024

Gold prices hit record highs in 2024. Discover the top 5 gold-producing nations shaping global supply, from China to the US. Read the full analysis.

BRICS Amasses Gold, Holds 50% of Global Production

BRICS nations are rapidly accumulating gold, controlling half of global production to challenge US dollar dominance. Experts decode the strategy and its impact on global finance. Read more.

Forex Reserves Rise $4.36 Billion to $693 Billion

India's foreign exchange reserves surged by $4.36 billion to $693.12 billion for the week ending May 31, 2024, marking a significant recovery. Explore the key drivers behind this growth.

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