forex market News

Record-Breaking: RBI's January Dollar Sales Skyrocket Beyond $11 Billion

The Reserve Bank of India reported net dollar sales surpassing $11 billion in January, with total purchases and sales of $49.2 billion and $60.3 billion respectively. This strategi...

India's Forex Reserves Witness a Sharp Decline: A Closer Look at the $8.714 Billion Drop

India's foreign exchange reserves have dropped by $8.714 billion to $625.871 billion, as reported by the RBI. The decline is attributed to revaluation and the RBI's interventions i...

South Korea's Forex Market Shows No Crisis Signals Amid Martial Law Attempt

South Korea's central bank governor reports normal function in the forex market despite a recent martial law declaration, with the won trading slightly better against the dollar.