https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Fri, 08 Sep 2023 22:41:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2023/09/09/indias-forex-reserves-jump-by-4-03-billion-to-598-89-billion-rbi-data/ Fri, 08 Sep 2023 22:41:23 +0000 https://thenfapost.com/?p=300579 In the previous reporting week, the overall reserves had dropped by $30 million to $594.858 billion Mumbai, NFAPost: India’s forex reserves jumped by $4.039 billion to $598.897 billion for the week ended September 1, the Reserve Bank said. In the previous reporting week, the overall reserves had dropped by USD 30 million to USD 594.858 […]]]> https://thenfapost.com/2023/05/22/indias-forex-reserves-edge-towards-600-billion-hit-near-1-year-high/ Mon, 22 May 2023 07:56:08 +0000 https://thenfapost.com/?p=268266 That is an increase of $3.55 billion from the previous week Mumbai, NFAPost: India’s foreign exchange reserves rose for a third consecutive week and stood at $599.53 billion for the week ended May 12, their highest level since early June, the Reserve Bank of India’s (RBI) statistical supplement showed. That is an increase of $3.55 […]]]> https://thenfapost.com/2023/02/20/indias-forex-reserves-post-biggest-weekly-decline-in-over-11-months/ Mon, 20 Feb 2023 01:30:36 +0000 https://thenfapost.com/?p=240885 The reserves stood at a one-month low of $566.95 billion at the end of last week, down from $575.27 billion at the end of the prior week, during which it fell 1.5% Mumbai, NFAPost: India’s foreign exchange reserves fell 8.3% in the week to February 10, logging its biggest decline in more than 11 months, […]]]> https://thenfapost.com/2020/08/01/current-account-and-forex-reserve-supporting-indian-rupee-ind-ra/ Sat, 01 Aug 2020 06:56:04 +0000 https://thenfapost.com/?p=7715 Chennai, NFAPost: A rise in global uncertainty or geopolitical tensions often leads to capital seeking flight to safety, thereby foreign portfolio investments leaving the shores of emerging markets. COVID-19 also triggered this behaviour, and India witnessed a foreign portfolio investment outflow of $16.05 billion in March 2020 and $1.97 billion during April-May 2020. However, unlike […]]]>