Diabytes
SDR News
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India's foreign exchange has risen by over USD 2.5 bn to record high of USD 575.290 bn
The forex reserves increased to USD 575.290 billion from USD 572.771 billion reported for the week ended November 13.
India`s forex reserves comprise of foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs)
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The overall forex reserves inched down to USD 400.85 billion from USD 400.88 billion reported for the week ended August 10, according to the RBI.
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Idea said it will restore interconnect services immediately after Aircel makes the payment, but did not specify the outstanding amount.
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The reserves had risen by $1.594 billion to $372.73 billion in the previous week.
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The forex kitty had increased by $ 1.15 billion to $ 367.93 billion in the previous reporting week.
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The country's foreign exchange reserves increased by a healthy USD 1.346 billion to touch a record high of USD 367.169 billion in the week to August 19 mainly due to a rise in foreign currency assets (FCAs).
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China's central bank today permitted a division of the World Bank to issue bonds denominated in special drawing rights (SDR) in the country's interbank bond market.
The government is scheduled to move in the Lok Sabha on Monday an amended bill to strengthen the debt recovery laws with an objective to improve the ease of doing business in the country.
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India's foreign exchange reserves increased by $1.52 billion to $363.12 billion as on April 29, 2016, the Reserve Bank of India (RBI) said.
The Reserve Bank of India today fixed the reference rate of the rupee at 66.6088 against the US dollar and 75.3012 for the euro.
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Country's foreign exchange reserves declined by a whopping USD 3.58 billion to USD 346.79 billion in the week ended February 26, on account of fall in foreign currency assets (FCAs), according to Reserve Bank
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The Reserve Bank of India (RBI) said on Friday it would look at the way banks use regulations intended to help them tackle a crippling bad debt burden, as concerns grow that lenders are using the measures to camouflage troubled loans instead.
The Special Drawing Right has been the International Monetary Fund`s "artificial currency" since 1969, used notably to calculate the interest rates it charges on loans to member states.
China is in talks with the International Monetary Fund for the Washington-based institution to add the yuan to its basket of reserve currencies, a top banking official said Thursday as Beijing seeks a greater global role for the unit.
Foreign exchange reserves rallied to a new life-time high at USD 338.079 billion, an increase of USD 3.886 billion in the week to February 27, on account of higher foreign currency assets.
India`s foreign exchange reserves increased by USD 3.88 billion to USD 338.07 billion for the week ended Feb 27, Reserve Bank of India (RBI) data showed.
The country's gold reserves, too, dropped by USD 753.2 million to USD 18.985 billion.
Foreign currency assets, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as euro, pound and the yen held in reserves.
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