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 ISTIndia’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 ISTPakistan 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 ISTIndia'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 ISTIndia'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 ISTForex 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 ISTRupee 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 ISTRupee 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 ISTRupee 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 ISTRupee 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 ISTRupee down 11 paise to 60.93 against dollar in early trade
The rupee fell by 11 paise to 60.93 against the US dollar in early trade today at the Interbank Foreign Exchange market due to increased demand for the US currency from importers.
Sep 23, 2014, 09:52 AM ISTRupee down 4 paise to 60.85 against dollar in early trade
Fresh demand from importers for the American unit put pressure on the rupee.
Sep 22, 2014, 10:10 AM ISTRupee ends at 1-week high of 60.81 vs USD; logs 1st weekly drop in 7
The Indian rupee on Friday edged up three paise to end at one-week high of 60.81 against the Greenback on sustained dollar selling by exporters and capital inflows.
Sep 19, 2014, 19:04 PM ISTIndia's forex reserves down $1.61 bn to $315.69 bn
In the week to September 5, the reserves had dipped by USD 1.327 billion to USD 317.313 billion.
Sep 19, 2014, 18:55 PM ISTRupee dips below 61-mark vs USD, ends 35 paise lower at 60.95
Continued dollar demand from importers and some banks too weighed on the rupee value that intra-day hit a low of 61.04, said forex brokers.
Sep 10, 2014, 18:53 PM ISTRBI bought net $5.45 billion in spot FX market in July
Net outstanding forward dollar purchases as of end-July stood at $5.4 billion as against net sales of $154 million in June.
Sep 10, 2014, 17:26 PM ISTRupee down 4 paise to 60.47 against dollar in opening trade
The rupee depreciated by four paise to 60.47 against the US currency in opening trade on Wednesday.
Aug 27, 2014, 10:07 AM ISTRupee up 4 paise to 60.52 against dollar in early trade
The local currency had lost 9 paise to close at 60.56 per dollar yesterday.
Aug 26, 2014, 10:21 AM ISTRupee gains 15 paise to 60.52 against dollar in early trade
Increased selling of the American currency by banks and exporters amid sustained inflows of foreign funds supported the rupee.
Aug 22, 2014, 10:01 AM ISTBanks' single group exposure cap high; review in 2014-15: RBI
Hinting at tightening banks' single group exposure cap from current 40 percent, RBI Thursday said it will be reviewing this credit limit to gradually align it with the global group exposure practices and mitigate risks.
Aug 21, 2014, 22:28 PM IST