Why is Reserve Bank of India buying so much gold, why is India storing tonnes of gold? Is Modi govt preparing for some crisis?
According to the report by the World Gold Council, the Reserve Bank of India (RBI) purchased an additional 8 tons of gold in ...
Deccan Chronicle2d
RBI Uses Gold Reserves to Minimise Currency Volatility
RBI buys 73 tonnes of gold in 2024, diversifying reserves. India’s gold stock is now at 876.18 tonnes, with $70.89B in value.
Back-to-back heavy central bank interventions lift Indian rupee past 87/USD
The Indian rupee rose sharply on Tuesday, aided by the central bank's heavy-handed intervention, which also triggered stop ...
Rupee rallies most in nearly 2 years on heavy central bank intervention
The Indian rupee rallied on Tuesday on the back of strong intervention by the Reserve Bank of India, which traders said could ...
EconoTimes3d
Reserve Bank of India Injects Record $28.85 Billion to Stabilize Rupee and Boost Liquidity
The Reserve Bank of India (RBI) is set to infuse a record 2.50 trillion rupees ($28.85 billion) into the banking system ...
The current slump in forex reserves in India
The Indian rupee has faced downward pressure against major currencies like the US dollar. Factors contributing to this ...
Business Recorder1d
India’s FX reserves rise to over one-month high on revaluation gains
MUMBAI: India’s foreign exchange reserves rose for a third straight week to more than a one-month high of $638.26 billion as ...
Reserve Bank of India steps in to curb rupee speculation
The Reserve Bank of India (NSE:BOI) (RBI) took action in the foreign exchange market this week to limit speculation in the ...
India’s central bank cuts repo rate for first time in nearly 5 years
Feb 7 (Reuters) - The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, ...
Currency in circulation up 0.90% on weekly basis
The Reserve Bank of India (RBI) has reported that currency in circulation rose 0.90% on the week to stand at Rs 36.36 lakh crore as on February 7, 2025. The central bank stated further that the ...
Why is the Reserve Bank piling up tonnes of gold?
Gold prices have surged over 10% in early 2025, driven by safe-haven demand amid global trade war fears following new US ...
RBI Policy: What should be investors’ strategy in stock, bond, and currency markets ahead of MPC’s repo rate decision?
RBI to cut the benchmark repo rate by 25 basis points (bps) to 6.25%. It will be the first RBI policy under the new Governor ...