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India`s foreign exchange reserves stand at $657.89 billion India’s foreign exchange reserves stood at $657.89 billion while the gold component of the kitty was valued at $65.75 billion, as of November 15, according to official figures released by the RBI on Friday.  India's foreign exchange reserves were at $675.65 billion on November 8 but since the RBI has been releasing dollars in the market to prop up the rupee, the reserves have come down by $17.7 billion, according to market analysts. The SDR component of the forex kitty wa...
India`s foreign exchange reserves stand at $657.89 billion
India`s foreign exchange reserves stand at $657.89 billion
Source: IANS
2024-11-22 06:17:10 pm
Bangladesh`s October foreign reserves fall below 20 billion USD Bangladesh's foreign exchange reserves fell below 20 billion US dollars by the end of October 2024, the latest Central Bank data showed.  The Bangladesh Bank data showed the country's foreign exchange reserves stood at 19,844 million dollars on October 31, according to the International Monetary Fund (IMF) calculation method. After the payment of the Asian Clearing Union, an arrangement for settling payments for intra-regional transactions among its members last week, the c...
Bangladesh`s October foreign reserves fall below 20 billion USD
Bangladesh`s October foreign reserves fall below 20 billion USD
Source: IANS
2024-11-16 09:22:48 am
Foreign investors sell nearly $1 billion of JPM index-linked Indian government bonds in Nov Foreigners have sold 82.1 billion rupees ($973 million) of Indian government bonds, which are part of the JPMorgan index, so far in November, according to clearing house data on Thursday. A rise in U.S. yields along with a stronger dollar have driven the selling, traders and analysts said. They expect the outflows to persist until global market volatility settles. "Foreign inflows will likely wait for U.S. yields and dollar index to stabilise before reverting to its pre-October pac...
Foreign investors sell nearly $1 billion of JPM index-linked Indian government bonds in Nov
Foreign investors sell nearly $1 billion of JPM index-linked Indian government bonds in Nov
Source: Reuters
2024-11-14 01:55:25 pm
Rupee weakens marginally against US dollar on Monday Indian rupee weakened marginally against the US dollar on Monday, due to concerns surrounding the recent victory of Donald Trump in the U.S. elections and stronger US dollar. While, weak trend in domestic equities along with unabated foreign fund outflows also weighed on the local currency. Foreign institutional investors were net sellers in the capital markets on Friday, as they offloaded shares worth Rs 3,404.04 crore, exchange data showed. Rupee sentiments declined further on dip in crude ...
Rupee weakens marginally against US dollar on Monday
Rupee weakens marginally against US dollar on Monday
Source: Accord Fintech
2024-11-11 12:12:08 pm
5 festivals to experience in the Land of the Thunder Dragon As Bhutan marks the 50th anniversary of opening its doors to foreign tourists this year, there is no better way to experience the culture and soul of the country than through its calendar of over 150 festivals per year. Festivals are a key part of Bhutanese culture, and the Kingdom has a comprehensive festival calendar full of colour and atmosphere. From mystical dances that give life to Bhutan's ancient myths to the rhythms that have echoed through the Kingdom's mountain...
5 festivals to experience in the Land of the Thunder Dragon
5 festivals to experience in the Land of the Thunder Dragon
Source: IANS Life
2024-07-14 09:26:07 am