Forex reserves rise to $352.71 bn
In the previous week, the reserves had increased by USD 917.5 million to USD 352.474 billion. The forex kitty had touched a record high of USD 352.876 billion in the week to May 15.
Jun 12, 2015, 18:19 PM IST
Govt to save Rs 1,500 cr from new note printing lines
The government is expected to save foreign exchange worth Rs 1,500 crore by commissioning two new bank paper lines in Hoshangabad and Mysore for indigenously printing Indian currency.
May 29, 2015, 21:06 PM IST
Forex kitty swells by $7.3 bn to hit new record of $352 bn
The forex reserves continued to scale new highs, expanding by a whopping USD 7.26 billion to hit a new all-time high of USD 351.87 billion for the week ended May 1, the Reserve Bank said on Friday.
May 08, 2015, 19:06 PM IST
RBI holds 557.75 tonne gold; 20k tonne held by public: Govt
The Reserve Bank holds 557.75 tonne gold while over 20,000 tonne of the metal is held by the public in the country, Parliament was informed on Tuesday.
May 05, 2015, 16:34 PM IST
RBS sets aside further $1.3 billion for misconduct charges
The improved performance was clouded by a number of one-off charges, resulting in RBS posting an attributable loss of 446 million, compared with a 1.2 billion pound profit a year ago.
Apr 30, 2015, 13:14 PM IST
RBI steps up interventions to prevent rupee gains
The rupee has gained substantially since hitting a two-month low of 63.0025 on March 13, forcing heavy intervention from the RBI, capping what could have been broader gains, says traders.
Mar 25, 2015, 14:48 PM IST
Forex reserves jump $16.4 bn in first 9 months of FY'15: RBI
India's foreign exchange reserves increased by USD 16.4 billion in nominal terms during the first nine months of the current fiscal.
Mar 10, 2015, 23:37 PM IST
Barclays bank slides into annual net loss
Barclays reported a loss after tax of £174 million ($268 million, 239 million euros) for 2014 compared with a net profit of £540 million the previous year.
Mar 03, 2015, 13:29 PM IST
Fin Ministry rejects DIPP's proposal to put curbs on royalty payment
The Finance Ministry has turned down a DIPP proposal seeking re-introduction of restrictions on royalty payments for preventing excessive outflow of foreign exchange, saying it would send a negative signal to overseas investors.
Jan 29, 2015, 16:20 PM IST
Swiss franc surge rocks currency brokers, burns banks
The surprise surge in the Swiss franc left currency brokers and banks worldwide licking their wounds on Friday, with at least two brokers declaring insolvency and others warning of heavy losses.
Jan 17, 2015, 06:44 AM IST
Bank RBS freezes 18 bonuses in forex rigging probe
The Royal Bank of Scotland has withheld the bonuses of 18 staff members under investigation for possible roles in rigging the foreign exchange market, the British lender said Tuesday.
Dec 24, 2014, 09:26 AM IST
India’s Forex reserves down $1.64 billion
According to the RBI’s weekly statistical supplement, foreign currency assets, the biggest component of the Forex reserves, plunged $867.4 million at $289.95 billion in the week under review.
Dec 13, 2014, 15:47 PM IST
Pakistan floats $1 billion Islamic bonds
Pakistan has sold $1 billion in Islamic bonds to raise its foreign exchange reserves in line with IMF demands.
Nov 27, 2014, 15:40 PM IST
India's forex up $419 million
India`s foreign exchange reserves grew by $419.4 million to $315.55 billion for the week ended Nov 14, Reserve Bank of India (RBI) data showed.
Nov 22, 2014, 14:40 PM IST
India's forex up $1.30 billion
ndia`s foreign exchange reserves grew by $1.30 billion to $312.73 billion for the week ended Oct 10, Reserve Bank of India (RBI) data showed.
Oct 18, 2014, 15:38 PM IST
Forex reserves continue to fall; down by another $1.4 bn
Falling for the fourth week in a row, India's foreign exchange reserves went down by USD 1.415 billion to USD 314.181 billion in the week to September 26 on account of a hefty drop in non-US currency assets.
Oct 03, 2014, 18:34 PM IST
Rupee at fresh seven-month low of 61.94 against USD
The domestic currency had lost 22 paise to end at 61.75 against the US dollar in yesterday's trade.
Oct 01, 2014, 10:22 AM IST
Rupee trades at a fresh seven-month low of 61.62 Vs dollar
Yesterday, the rupee had tanked 38 paise to log nearly 7-month closing low of 61.53.
Sep 30, 2014, 10:40 AM IST
Rupee down 25 paise to 61.40 against dollar
The rupee had recovered by 19 paise to close at 61.15 against the dollar in Friday's trade in tune with local equities.
Sep 29, 2014, 10:50 AM IST
Rupee trims early losses, still down 9 paise to 61.43 Vs dollar
In the last four days, the rupee has stumbled by 86 paise or 1.41 percent.
Sep 26, 2014, 09:57 AM IST