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SBP holdings rise $14m; gold down Rs3,500/tola
SBP's holdings rise $25m; gold prices surge despite global dip
India's foreign exchange reserves reached an all-time high of $729.328 billion. This surge marks eight consecutive weeks of significant increases in reserves. Foreign currency asse...
The latest increase has pushed the reserves well above the previous record of $ 728.494 billion, reached in the week ended February 27 this year.
India’s forex reserves have surged to a record $729.3 billion after non-resident Indians (NRIs) poured $100 billion into the RBI’s FCNR(B) scheme, far exceeding expectations and pr...
Nigeria’s foreign reserves have climbed above $52.5 billion, reaching their strongest level in nearly two decades as the naira also gains ground.
ULAN BATOR, Aug. 6 (Xinhua) -- Mongolia's foreign exchange reserves reached a record high of 7.9 billion U.S. dollars at the end of July, local media reported on Thursday, citing t...
MANILA — The Philippines‘ gross foreign reserves PHFXR=ECIdropped to $103.4 billion at the end of July from $104.7 billion a month earlier, the central bank said on Friday, citing...
MANILA — The Philippines’ gross foreign reserves PHFXR=ECI rose to $104.8 billion at the end of August from $103.3 billion at the end of July, the central bank said on Monday, citi...
How has the RBI managed to secure high forex reserves in times of global economic uncertainty? What’s worked for India and why does the rise in forex cover matter? And, importantly...
The Reserve Bank of India's special swap facility attracted $20.72 billion by July 17. Most of this money arrived through Foreign Currency Non-Resident deposits. Overseas Foreign...
Igbawase Ukumba in Lafia As the naira continues to strengthen, with the spread between official and Bureau de Change rates now narrowing to below 2%, Nigeria’s foreign reserves re...
India’s foreign exchange reserves jumped by almost $10 billion to a six-month high of $716.9 billion for the week ending Aug 14, helped by sustained dollar inflows amid efforts by...
TOKYO — Cue the jokes about “SAFE” — the acronym for the People’s Bank of China division entrusted with managing Beijing’s reserves. The folks at the PBOC’s State Administration of...
Nume Ekeghe The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday disclosed that Nigeria’s net foreign reserves have risen to $40 billion presently, co...
Among Banks, State Bank of India and Punjab National Bank have reportedly seen fresh inflows of about $1.90 billion and $425 million via fresh FCNR (B) deposits
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