Forex buffer strengthens: India’s forex reserves rise $5.17...

Dununu.com Dununu

Gesponsert

Forex buffer strengthens: India’s forex reserves rise $5.17 billion to $696.65 billion; gold, FCAs drive gain

RSS Feed Business

Posted

63

India's foreign exchange reserves witnessed a substantial increase of $5.17 billion, reaching $696.65 billion for the week ending June 6, reversing the previous week's decline. This surge was fueled by gains in foreign currency assets and a significant rise in gold reserves. The robust reserve position is expected to bolster the RBI's efforts to stabilize the rupee amidst global volatility.

Read Full Article

Please log in to like, share and comment!

Sebi rule: UltraTech must sell 7% in India Cements

UltraTech Cement, the new promoter of India Cements, needs to reduce its stake by 7%, worth Rs...

Von 0 7

Iran-Israel conflict set to weigh on global stock markets: Experts

The Iran-Israel conflict's impact on global markets and crude oil prices is anticipated to...

Von 0 7

One step ahead and I would’ve fallen into the river and died: Bridge collapse survivor

Von 0 20

Ram Kapoor first Indian to own luxury car worth Rs 5.21 cr

Ram Kapoor has become the first Indian to own an ultra-luxurious hybrid SUV, priced at Rs 5.21...

Von 0 24

'Keep your doors locked': Alert issued in Minnesota's Sibley County on murder suspect Vance Boelter

Von 0 25