Tag: Forex Reserves

S&P 500, Nasdaq finish lower; investors uneasy about Middle East conflict

StocksJune 21, 2025

The S&P 500 and Nasdaq ended lower on Friday, with investors on edge over the Iran-Israel conflict heading into the weekend, as the U.S. considers whether to get involved. Trading was choppy for much of...

Have cryptocurrencies arrived as an asset class? It’s complicated

CryptoJune 21, 2025

There is a buzz around bitcoin. The world’s oldest and best-known cryptocurrency is trading close to record highs as enthusiastic investors bet on greater political and regulatory support from Donald Trump’s administration.The digital currency has...

India’s forex reserves fall to $686 billion, down $2 billion as of May 2

EconomyMay 9, 2025

India's forex reserves dropped $2.06 billion to $686.06 billion for the week ending May 2, snapping an eight-week gaining streak that had lifted...

RBI forex income expected to rise, lift payout to government

EconomyMay 5, 2025

The Reserve Bank of India likely earned a higher income from the deployment of foreign exchange reserves in FY25 compared with the previous...

Forex reserves show a pauperised Pakistan, a prospering India

EconomyMay 3, 2025

Since their simultaneous emergence as independent states in 1947, India and Pakistan have embarked on markedly different economic journeys. Among the clearest indicators...

Rupee falls to record 85.77 vs $, forex kitty at 8-month low

BusinessJanuary 3, 2025

MUMBAI: The rupee closed at a record low of 85.77 against the dollar on Friday, marking its ninth consecutive week of...

Weak Q2 GDP may prompt RBI to go for a CRR cut: Experts

EconomyDecember 2, 2024

Economists from major banks expect the Reserve Bank of India to lower the cash reserve ratio this week. This move would help support...

Forex reserves record biggest weekly drop as RBI moves to support Rupee

EconomyNovember 22, 2024

MUMBAI: India's foreign-exchange stockpile shrank the most on record last week, surpassing the absolute decline last seen during the peak of the global...