Business
December 08, 2024
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Indian foreign exchange strengthens again after a multi week low

Indian foreign exchange strengthens again after a multi week low

NEW DELHI: India’s forex has started to rally once again after a consecutive plunge for eight months, hitting a multi month low.Data from the Reserve Bank of India (RBI) earlier this week revealed that India’s foreign exchange reserves rose by $1.510 billion to $658.091 billion for the week ending November 29. However, since hitting an […]

Business
December 06, 2024
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India's forex reserves rise to $658.09 billion ending consecutive weeks of decline

India's forex reserves rise to 8.09 billion ending consecutive weeks of decline

India’s forex reserves rise to $658.09 billion NEW DELHI: India’s foreign exchange reserves increased by $1.51 billion to $658.09 billion in the week ending November 29, the Reserve Bank of India (RBI) reported on Friday. This marks the first rise in nine weeks, recovering from a five-month low.The reserves had previously declined by a cumulative […]