The Bank of England, second only to the New York Federal Reserve in gold custody, safeguards precious metal reserves for the UK and other central banks.…
Browsing: Reserves
MUMBAI: India’s foreign exchange reserves fell for the fifth consecutive week, dropping by $2.7 billion to $682.1 billion as of Nov 1, suggesting RBI intervention to…
India’s forex reserves decline for fifth week (Picture credit: ANI) NEW DELHI: India’s foreign exchange reserves fell for the fifth consecutive week after reaching an all-time…
NEW DELHI: The Reserve Bank of India on Tuesday announced that India’s foreign exchange reserves can cover imports for 11.2 months based on the balance of…
MUMBAI: Foreign exchange reserves dropped for a third straight week, reaching $688.2 billion as of Oct 18, according to RBI data. The reserves fell by nearly…