Category : Search result: interbank foreign exchange


How to Declare US RSUs in Your Income Tax Return

Chartered accountant Mahesh Nayak received a tax notice for undisclosed foreign assets. Learn how to correctly declare US RSUs in your ITR, including cost vs. current value and filing a revised return.

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.

India's Forex Reserves Surge to $693.32 Billion

India's foreign exchange reserves rose sharply by $4.368 billion to $693.318 billion in the week ended December 19, as per RBI data. Gold reserves saw a strong gain. Read the full analysis.

CBUAE revokes Omda Exchange licence, fines Dh10 million

The UAE Central Bank has revoked Omda Exchange's licence and fined it Dh10 million for regulatory breaches. This action strengthens the financial system's integrity for residents. Read more about the enforcement.

Disclose Foreign Assets in Revised ITR by Dec 31

Indian taxpayers can still disclose foreign income & assets by filing a revised ITR before December 31. Learn about Schedule FA, FSI, and how to avoid heavy penalties under the Black Money Act.

UK Delegation Visits LPU for Academic Exchange

A high-level UK delegation visited Lovely Professional University to strengthen academic collaboration, cultural ties, and explore student exchange programs. Discover the future of Indo-UK education.

Indian Rupee Falls 6%, Asia's Worst Currency in 2024

The Indian rupee has depreciated 6% against the US dollar in 2024, marking it as Asia's worst-performing currency. Key factors include a strong dollar, foreign fund outflows, and election uncertainty. Explore the full analysis.

Rupee Hits Record Low of 90.87 Against US Dollar

Indian rupee opened at an all-time low of 90.87 against the US dollar, falling 9 paise. The currency traded in a narrow range in early trade on December 16. Read the full analysis.

India's Forex Reserves Fall to $686.2 Billion

India's foreign exchange reserves fell by $1.8 billion to $686.2 billion as of Nov 28, 2025. While gold reserves rose, foreign currency assets saw a significant decline. Get the full breakdown here.

India's Forex Reserves Fall to $686.23 Billion

India's foreign exchange reserves declined by $1.88 billion for the week ending November 29, 2024, settling at $686.23 billion. Explore the key factors behind the drop and its implications for the economy.

India's Forex Reserves Fall to $686.227 Billion

India's foreign exchange reserves declined by $1.88 billion for the week ending July 5, 2024, settling at $686.227 billion. The drop was primarily due to a decrease in foreign currency assets, though gold reserves saw an increase. Get the full analysis he

China Warns Foreign Media on Hong Kong Fire Reporting

China's foreign ministry issues a stern warning to international media, accusing them of spreading false information about a deadly Hong Kong fire. Details on the incident and the official response.

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