Page 19 - Forex

Forex reserves down by $387.5 mn to $355.55 bn

The decline in forex reserves was on account of fall in foreign currency assets, a major component of overall reserves

Forex reserves up by $2.5 billion to $356 billion

FCAs, a major component of overall reserves, increased by $2.505 billion to $332.504 billion in the reporting week, RBI said in a release here

India's forex reserves touch $353.40 billion

According to RBI, total reserves on March 11 stood at $353.40 billion, up from $350.86 billion on March 4, 2016

Narendra Modi signals country won't join forex devaluation race to boost trade

European and Japanese central banks adopted negative interest rate policies to perk up low inflation, but it has raised volatility in the financial markets

India's forex reserves fall $1.46 billion, first weekly decline in five

On Friday, the rupee fell as low as 68.79 per dollar, not far from an all-time low of 68.85 hit in August 2013