India’s Forex Reserves Hit a New High

MCX Aluminium Tips

Gold Silver Reports (GSR) – India’s Forex Reserves Hit a New High — RBI data showed the reserves rose $1.2 billion in the week to March 23. The improved overseas dollar inflows in March reversing February’s trend of outflows has helped accumulation of reserves, forex dealers said.

Read More →

Rupee Snaps Five-Day Losing Streak

Rupee Snaps Five-Day Losing Streak — The Indian rupee halted five-day losing streak in today’s trade. It rose nine paise against the U.S. dollar to 65.12 in early trade at the interbank forex market today amid weakness in the greenback after the U.S. Fed raised benchmark lending rate by 25 basis points.

Read More →