India’s forex reserves can cover 90% of external debt, 11 months of imports – Firstpost
India’s foreign exchange reserves are currently robust enough to cover approximately 90% of the nation’s external debt, which reached $711.8...
archiveIndia
USD/INR rises as Trump threatens BRICS with tariffs
The Indian Rupee weakens in Friday’s early European session. Ongoing foreign outflows, month-end USD demand and a hawkish Fed weigh...
India’s MobiKwik and Cred launch e-Rupee wallets
Fintech platforms MobiKwik and CRED have become the first non-banking entities to offer the central bank digital currency (CBDC) -...
Indonesia, India Look Forward to Local Currency Trade
Jakarta. Indonesia and India are looking forward to being less dependent on the dollar in their cross-border transactions. Last year,...
Crypto Connivers: Inside India’s Rs 350-Crore Digital Ponzi Scheme
The Central Bureau of Investigation (CBI) has launched an extensive investigation across seven Indian states, unearthing a Rs 350-crore...
USD/INR posts modest gains ahead of Indian PMI release
The Indian Rupee weakens in Friday’s Asian session. USD demand and foreign portfolio outflows could drag the INR lower. The...
Gold price in India: Rates on January 22
Gold prices rose in India on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 7,654.64...
India’s Economy Slows Down Just When It Was Supposed to Speed Up
A year ago, India was bouncing back from a recession caused by Covid-19 with a spring in its step. The...
India’s Economy Slows Down Just When It Was Supposed to Speed Up
A year ago, India was bouncing back from a recession caused by Covid-19 with a spring in its step. The...
EM Asian Currencies Set to Lose Support From Hedging Costs
(Bloomberg) -- The cost of hedging Asian investments for dollar-funded investors is set to drop from a two-year high, a...
