Foreign exchange

Akhilesh Pratap Singh answers viewers' questions over the achievements of Congress

Our viewers raises questions over the praises done by anyone for Congress in it's ruling period.

Dec 12, 2015, 20:41 PM IST

Shah Rukh questioned by ED on alleged FEMA violations

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Nov 11, 2015, 13:55 PM IST

Get foreign currency through this app!

Now you can buy/sell foreign currency and get it delivered at your doorstep. 

Oct 27, 2015, 02:30 AM IST

Rupee gains 19 paise at 65.77 against US dollar

The rupee rose by 19 paise at 65.77 against the US dollar in early trade on Wednesday at the Interbank Foreign Exchange after the Reserve Bank cut interest rates by 0.50 per cent yesterday.

Sep 30, 2015, 10:00 AM IST

Rupee ends at 66.05 vs US dollar, recovers 11 paise

Snapping its four-day losing streak, the rupee on Monday recovered by 11 paise to end at 66.05 against the dollar on selling of the American currency by banks and exporters amid fall in domestic equities.

Sep 28, 2015, 19:02 PM IST

Emerging market with limited forex at higher risk to US rate hike: Moody's

Moody's Investors Service today said emerging market (EM) economies with limited foreign exchange buffers are more at risk to a rise in interest rates in the US.

Sep 17, 2015, 11:47 AM IST

Forex reserves continues to shrink, declines by close to $3 bn again

In the previous reporting week, the reserves had fallen sharply by USD 3.433 billion to USD 351.920 billion.

Sep 11, 2015, 18:14 PM IST

China defends Yuan devaluation, sees 'limited' impact

China on Saturday defended the recent revamp of its foreign exchange regime that led to a sharp devaluation of the yuan, calling it a "normal adjustment".

Aug 29, 2015, 15:49 PM IST

Raghuram Rajan says ready to use FX reserves as Sensex tumbles

Reserve Bank of India Governor Raghuram Rajan said he was ready to deploy foreign exchange reserves to curb volatility in the currency as turmoil in global markets sent domestic shares down more than 4 percent and the rupee to its lowest since late 2013.

Aug 24, 2015, 16:42 PM IST

India's forex reserves jump Rs 1.57 bn to Rs 354.29 bn

The country's foreign exchange reserves rose by USD 1.57 billion to USD 354.29 billion for the week ended June 12 on a surge in core currency assets, the Reserve Bank said on Friday.

Jun 19, 2015, 22:03 PM IST

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