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India’s Forex Reserves Fall for Fourth Week to $734.6 Billion

By Uniquetimesorg October 7, 2026 0

India’s foreign exchange reserves fell for the fourth consecutive week to $734.6 billion, according to data cited by the Reserve Bank of India (RBI). The reserves are now around $50 billion below their recent peak of $785.71 billion recorded on September 4. The decline comes as the RBI has been selling dollars in the spot […]Continue Reading

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RBI Drains Nearly $20 Billion From Surplus Liquidity

By Uniquetimesorg September 29, 2026 0

The Reserve Bank of India has absorbed an estimated $20 billion in excess rupee liquidity from the banking system through foreign exchange operations, according to two bankers. The RBI has used dollar-rupee sell-buy swaps, spot dollar sales, bond sales and variable-rate reverse repos to manage surplus funds. The measures, combined with tax outflows, have sharply […]Continue Reading

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India’s Balance of Payments Surplus Jumps to $20.8 Billion in July

By Uniquetimesorg September 15, 2026 0

India’s balance of payments (BoP) recorded a $20.8 billion surplus in July 2026, sharply up from just $0.3 billion a year earlier, as foreign-exchange inflows surged following measures by the Reserve Bank of India (RBI) to attract overseas deposits. The improvement comes despite continued pressure on the country’s external accounts from elevated oil prices and […]Continue Reading

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RBI Steps Up Rupee Support as Dollar Sales Reach at Least $8 Billion

By Uniquetimesorg September 8, 2026 0

India’s central bank, the Reserve Bank of India (RBI), significantly increased its foreign exchange intervention last week, selling an estimated $8 billion to $15 billion to support the rupee, according to six bankers. The intervention helped the currency strengthen to 94.2850 per dollar on September 3, its strongest level in more than two months. The […]Continue Reading

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Once again Rupee goes down by 11 paise against dollar

By uniquetimes May 20, 2015 0

The rupee falls again by 11 paise to 63.78 against the US dollar at the Foreign Exchange due ti an increase in the American currency. Forex dealers say due to a increased demand for the dollar from importers also bought an increase  on the local currency, but a higher opening in the domestic equity market […]Continue Reading