Forex Reserves News

Indian Rupee Hits Near 86/$ Mark, Marking Tenth Consecutive Week of Decline

The Indian rupee has continued its downward trend against the US dollar, nearing the 86 mark for the tenth consecutive week. This decline is attributed to strong US non-farm payrol...

Indian Rupee Hits Record Low Against Dollar Amid Falling Forex Reserves

The Indian rupee hit a record low against the dollar, closing at 85.77, amidst falling foreign exchange reserves. The decline is attributed to the weakening Chinese yuan and a stro...

India's Forex Reserves Witness a Sharp Decline: A $4.11 Billion Drop to $640.27 Billion

India's foreign exchange reserves have decreased by $4.112 billion to $640.279 billion, as reported by the Reserve Bank of India. This decline is part of a consistent decrease in r...

Indian Rupee Hits Record Low in 2024: A Deep Dive into the 3% Plunge

The Indian rupee ended 2024 with a 2.8% depreciation against the US dollar, marking its seventh consecutive year of decline. Factors include a potential shift in RBI's forex strate...