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Tag: Foreign exchange reserves

Economy

Exchange rate driven by capital flows, says RBI

August 27, 2019August 27, 2019 - by Abdul

According to Reserve Bank of India Deputy Governor,India’s foreign exchange reserves are borrowed reserves and not built out of export surplus.This means that exchange rate dynamics in India is driven …

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Economy

Stable rupee, lower oil prices push forex reserves to all-time high

July 27, 2019July 27, 2019 - by Abdul

According to the government data,India’s foreign exchange reserves has reached an all-time high of $430.37 billion till July 19,2019. This surge in the foreign currency reserves was aided by the …

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