While announcing the second bi-monthly monetary policy review, RBI Governor Shaktikanta Das said the country's forex reserves may have crossed $600 bi
Foreign currency assets, a major component of the overall reserves, swelled by $1.649 billion to $548.519 billion for the reporting week, the RBI said
Foreign currency assets, a major component of the overall reserves, increased to $536.693 billion as at March-end 2021 from $502.162 billion, the repo
The unfolding situation in the country is surely going to get much worse before the curve bends the other way for good. Lockdowns and other restrictio
In the previous week ended April 2, the reserves had dipped by $2.42 billion to $576.28 billion
At the interbank forex market, the local unit opened at 73.52 against the greenback and traded in the range of 73.52 to 74.50 during the day
In the reporting month, RBI purchased $18.225 billion and sold $15.371 billion in the spot market, the central bank said in its monthly bulletin for M