India’s forex reserves at new life-time high of $430.57 bn

According to latest Reserve Bank of India (RBI) data, India’s foreign exchange (forex) reserves surged to new life-time high of US $430.572 billion in week to August 9, 2019. It was on account of rise in foreign currency assets, the ..

Month: Current Affairs - August, 2019

Indian Foreign Exchange Reserves increased by $2.063 billion

The data from the Reserve Bank of India (RBI) shows that the Foreign Exchange Reserves of India increased by $2.063 billion to $400.24 billion in the week to February 1. The foreign exchange reserves had increased by USD 1.497 billion ..

Month: Current Affairs - February, 2019

India's Forex Reserves declined by USD 613.9 million to USD 393.12 billion

India’s foreign exchange reserves declined in this week by USD 613.9 million reaching USD 393.12 billion. This decline has been attributed to the fall in foreign currency assets as per the Reserve Bank of India. The Forex reserves had increased by ..

Month: Current Affairs - December, 2018

India's Current Foreign Exchange Reserves: $311.427 billion

India’s forex reserves continued their downward journey for the fifth consecutive week, India’s foreign exchange reserves plunged by $2.754 billion to $311.427 billion in the week to October 3. The largest fall is seen in US currency assets which make ..

Month: Current Affairs - October, 2014

Forex Reserves of India tumble, looses 1.74 Billion Dollar

India’s Foreign exchange reserve plunged by $1.74 billion to $290 billion The RBI data showed a sharp fall in the India’s Forex reserves The Forex reserves has slipped by 1.80 billion dollar, 1.37 billion dollar and 2.18 billion dollar, respectively, ..

Month: Current Affairs - June, 2012

Current Affairs : April 10, 2010

Appointments:Karnataka: New Chief Justice – JS KheharJustice JS Khehar is the new chief Justice of Karnataka High Court. He was enrolled as an advocate in 1979 and appointed Additional Advocate General, Punjab in January 1992. He was elevated to the ..

Month: Current Affairs - April, 2010

What is Balance of Payments?

Balance of Payments (BOP) is a systematic and summary record of a country’s economic and financial transactions with the rest of the world, over a period of time, say one year. Structure of Balance of Payments The format of the balance ..