foreign exchange reserves

India’s forex reserves plunges by $336 million


July 14th, 2012 - 5:31 pm ICT by IANS
Mumbai, July 14 (IANS) India's foreign exchange reserves (forex) plunged by $336.5 million to $287.62 billion in the week ended July 6, data from India's central bank showed.The Reserve Bank ... Read more...

Posted in Business |

India Inc has to live with dollar at Rs.50: Kaushik Basu


July 7th, 2012 - 7:58 pm ICT by IANS
Kolkata, July 7 (IANS) India Inc is suffering from sharp rupee depreciation against the US dollar, but should be "realistic" about the Indian currency's fall and learn to live with ... Read more...

Posted in Business |

India’s forex reserves grow by $1.36 bn


July 7th, 2012 - 4:03 pm ICT by IANS
Mumbai, July 7 (IANS) India's foreign exchange reserves (forex) grew by $1.36 billion to $289.992 billion for the week ended June 29, data from India's central bank showed.Foreign currency assets, ... Read more...

Posted in Business |

Pakistani PM briefed on economic situation


July 3rd, 2012 - 12:11 pm ICT by IANS
Islamabads, July 3 (IANS) The fiscal year 2011-12 ended with a growth of 3.7 percent, Finance Minister Abdul Hafeez Shaikh told Prime Minister Raja Pervez Ashraf while briefing him on ... Read more...

Posted in South Asia |

India’s forex reserves down $0.76 billion


June 30th, 2012 - 3:15 pm ICT by IANS
Mumbai, June 30 (IANS) India's foreign exchange reserves (forex) fell by $0.76 billion to $288.62 billion for the week ended June 22, official data showed.The RBI is believed to have ... Read more...

Posted in Business |

India’s forex reserves grow to $289 bn


June 23rd, 2012 - 3:37 pm ICT by IANS
Mumbai, June 23 (IANS) India's foreign exchange reserves (forex) grew by $2 billion to $289.39 billion for the week ended June 15, official data showed.The forex recovered in the week ... Read more...

Posted in Business |

India’s forex reserves grow to $287.37 billion


June 17th, 2012 - 8:12 pm ICT by IANS
Mumbai, June 17 (IANS) After falling for five straight weeks, India's foreign exchange reserves grew by $1.52 billion to $287.37 billion for the week ended June 8, 2012, official data ... Read more...

Posted in Business |

Inflation can’t be curbed without sacrificing growth: RBI governor


June 15th, 2012 - 1:02 am ICT by IANS
Hyderabad, June 14 (IANS) Reserve Bank of India (RBI) governor D. Subbarao Thursday said inflation can't be controlled without sacrificing some growth.Delivering the Obayya memorial lecture here, he said that ... Read more...

Posted in Business |

India’s forex reserves plunge to $285.85 bn


June 8th, 2012 - 7:30 pm ICT by IANS
Mumbai, June 8 (IANS) India's foreign exchange reserves plunged by $2.40 billion to $285.85 billion for the week ended June 1, apparently due to the central bank selling dollars to ... Read more...

Posted in Business |

Present economic crisis not similar to 1991: Pranab


June 4th, 2012 - 8:00 pm ICT by IANS
New Delhi, June 4 (IANS) Despite a sharp slowdown in economic growth, high inflation and record fall in the value of rupee, Finance Minister Pranab Mukherjee Monday emphasised that ... Read more...

Posted in Business |

India’s forex reserves drop by $1.74 billion


June 2nd, 2012 - 3:43 pm ICT by IANS
Mumbai, June 2 (IANS) India's foreign exchange reserves fell by $1.74 billion to $290 billion for the week ended May 25, the Reserve Bank of India (RBI) data showed Saturday.The ... Read more...

Posted in Business |

India’s forex reserves drop by $1.80 billion


May 26th, 2012 - 5:31 pm ICT by IANS
Mumbai, May 26 (IANS) India's foreign exchange reserves fell by $1.80 billion to $290 billion for the week ended May 18, registering a sharp drop for the third week in ... Read more...

Posted in Business |

India’s forex reserves drop by $1.37 billion


May 19th, 2012 - 6:10 pm ICT by IANS
Mumbai, May 19 (IANS) India's foreign exchange reserves declined by $1.37 billion to $291.80 billion for the week ended May 11, largely due to drop in the value of core ... Read more...

Posted in Business |

India’s forex reserves drop by $1.47 billion


April 14th, 2012 - 4:34 pm ICT by IANS
Mumbai, April 14 (IANS) India's foreign exchange reserves declined by $1.47 billion to $292.92 billion for the week ended April 6, the lowest level in more than two months, largely ... Read more...

Posted in Business |

India’s external debt rises to $335 billion


March 30th, 2012 - 6:50 pm ICT by IANS
New Delhi, March 30 (IANS) India's external debt rose to $334.9 billion at December-end 2011, an increase of 9.4 percent in the first nine months of the current financial year, ... Read more...

Posted in Business |

India’s forex reserves rise to $293.44 billion


February 25th, 2012 - 5:15 pm ICT by IANS
Mumbai, Feb 25 (IANS) India's foreign exchange reserves increased by $55.8 million to $293.44 billion for the week ended Feb 17 due to increase in foreign currency assets, Reserve Bank ... Read more...

Posted in Business |

India’s forex reserves rise by $673.4 mn


February 5th, 2012 - 3:40 pm ICT by IANS
Mumbai, Feb 5 (IANS) India's foreign exchange reserves increased by $673.4 million to $293.93 billion for the week ended Jan 27, Reserve Bank of India data showed.The forex reserves ... Read more...

Posted in Business |

BRICS summit to focus on fixing global recession: India


January 31st, 2012 - 8:58 pm ICT by IANS
New Delhi, Jan 31 (IANS) Ahead of the fourth BRICS summit of the five emerging powers, India Tuesday said the reform of the global governance institutions and ways to fix ... Read more...

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India’s forex reserves rise by $731.8 million


January 28th, 2012 - 4:11 pm ICT by IANS
Mumbai, Jan 28 (IANS) After the sixth straight weekly decline, India's foreign exchange reserves rose by $731.8 million to $293.25 billion for the week ended Jan 20, the reserve bank ... Read more...

Posted in Business |

Forex reserves drop to 15-month low at $292.52 billion


January 21st, 2012 - 5:20 pm ICT by IANS
Mumbai, Jan 21 (IANS) India's foreign exchange reserves dropped by $1.01 billion to $292.52 billion for the week ended Jan 13, the lowest in more than 15 months.The fall was ... Read more...

Posted in Business |

India’s forex reserves slump by $3.14 bn


January 15th, 2012 - 4:03 pm ICT by IANS
Mumbai, Jan 15 (IANS) India's foreign exchange reserves slumped by $3.14 billion to $293.54 billion in the first week of 2012, the lowest level in almost 15 months, largely due ... Read more...

Posted in Business |

Pakistan’s prosperity lies in following constitution: Gilani


January 14th, 2012 - 1:08 pm ICT by IANS
Islamabad, Jan 14 (IANS) The prosperity of Pakistan lies in following the constitution, Prime Minister Yousuf Raza Gilani emphasised Saturday, days after he accused army chief General Ashfaq Parvez ... Read more...

Posted in South Asia |

India’s external debt rises to $326.6 bn


December 30th, 2011 - 7:27 pm ICT by IANS
New Delhi, Dec 30 (IANS) India's external debt climbed 6.6 percent to $326.6 billion by September-end from $306 billion at the beginning of the current financial year on account of ... Read more...

Posted in Business |

India’s forex reserves slump by $4.67 billion


December 25th, 2011 - 4:33 pm ICT by IANS
Mumbai, Dec 25 (IANS) India's foreign exchange reserves slumped by $4.67 billion to $302.1 billion for the week ended Dec 16, the lowest in nearly nine months due to a ... Read more...

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Pakistan’s economic indicators positive: minister


December 20th, 2011 - 12:43 pm ICT by IANS
Islamabad, Dec 20 (IANS) Pakistan's economic indicators were showing positive results and the government wants to improve the efficiency of state owned enterprises, says Finance Minister Abdul Hafeez Shaikh.Shaikh said ... Read more...

Posted in Business |

India’s forex reserves decline by $69 million


December 17th, 2011 - 4:34 pm ICT by IANS
Mumbai, Dec 17 (IANS) India's foreign exchange reserves declined by $69 million to $306.77 billion for the week ended Dec 9, registering loss for the fifth time in the last ... Read more...

Posted in Business |

Rupee hits new low for third straight session (Roundup)


December 14th, 2011 - 8:26 pm ICT by IANS
New Delhi, Dec 14 (IANS) The Indian rupee fell to a record low Wednesday at 53.88 to a dollar on increased demand for the US currency from importers and ... Read more...

Posted in Business |

Government can do little to check rupee slide: Rangarajan


December 14th, 2011 - 7:35 pm ICT by IANS
New Delhi, Dec 14 (IANS) The slide in rupee, which fell to a new low of 53.75 against a dollar Wednesday, is driven by external factors especially general ... Read more...

Posted in Business |

Pakistan vows to net 700,000 tax evaders


December 14th, 2011 - 12:34 pm ICT by IANS
Islamabad, Dec 14 (IANS) Pakistan will focus on 700,000 tax evaders who possess properties and frequently travel abroad but pay no tax, Finance Minister Abdul Hafeez Shaikh has said."We will ... Read more...

Posted in South Asia |

India’s forex reserves rise by $2.48 bn


December 11th, 2011 - 4:09 pm ICT by IANS
Mumbai, Dec 11 (IANS) India's foreign exchange reserves climbed by $2.48 billion to $306.84 billion for the week ended Dec 2, rising for the first time in five weeks due ... Read more...

Posted in Business |

India’s forex reserves slump by $5.71 billion


November 27th, 2011 - 4:19 pm ICT by IANS
Mumbai, Nov 27 (IANS) India's foreign exchange reserves slumped by $5.71 billion to $308.62 billion for the week ended Nov 18 due to depreciation in the value of non-dollar currency ... Read more...

Posted in Business |

Pakistan forex reserves remain unchanged at $17.3 bn


November 20th, 2011 - 7:01 pm ICT by IANS
Islamabad, Nov 20 (IANS) Pakistan's foreign exchange reserves remained unchanged from the previous week at $17.3 billion for the week ending Nov 11, the central bank said.Reserves held by the ... Read more...

Posted in Business |

India’s forex reserves drop by $326 mn


November 20th, 2011 - 3:27 pm ICT by IANS
Mumbai, Nov 20 (IANS) India's foreign exchange reserves fell by $326 million to $314.34 billion for the week ended Nov 11, declining sharply for the second straight week due to ... Read more...

Posted in Business |

India’s forex reserves slump by $5.72 billion


November 13th, 2011 - 5:34 pm ICT by IANS
Mumbai, Nov 13 (IANS) India's foreign exchange reserves dropped by $5.72 billion to $314.66 billion for the week ended Nov 4 due to decline in the value of gold reserves ... Read more...

Posted in Business |

Pakistan, Turkey agree to swap currency


November 1st, 2011 - 12:26 pm ICT by IANS
Islamabad, Nov 1 (IANS) President Asif Ali Zardari and his Turkish counterpart Abdullah Gul have agreed to finalise the currency swap agreement between the two countries.The two presidents held wide-ranging ... Read more...

Posted in South Asia |

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