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Forex reserves jump to a new high of $651.5 bn

India's foreign exchange reserves have jumped to an all-time high of $651.5 billion as of May 31, Reserve Bank Governor Shaktikanta Das said on Friday. Photograph: Dado Ruvic/Reuters This means......

FX derivatives mkt in a fix before new RBI rules

Exchange-traded currency derivatives volumes are likely to drop in view of new Reserve Bank of India (RBI) rules, casting a cloud over further participation of retail investors and proprietary......

Sensex, Nifty end lower; FMCG, IT stocks top drags

Benchmark indices Sensex and Nifty pared initial gains and settled lower on Saturday due to selling in FMCG and IT shares. Photograph: Danish Siddiqui/Reuters The 30-share BSE Sensex fell by......

RBI tells IMF why it frequently intervenes in forex market

The Reserve Bank has told the International Monetary Fund (IMF) that the objective of frequent interventions in the forex market is to curb excessive volatility, dismissing the Fund's rationale for......

RBI's foreign exchange risk move may not hit rupee for now

Market participants do not expect any immediate impact on the rupee from the Reserve Bank of India’s (RBI’s) a “comprehensive” master direction aimed at strengthening the......

Rediff News

Foreign Exchange Forex Trading

News for Foreign Exchange Forex Trading

Forex reserves jump to a new high of $651.5 bn

FX derivatives mkt in a fix before new RBI rules

Sensex, Nifty end lower; FMCG, IT stocks top drags

RBI tells IMF why it frequently intervenes in forex market

RBI's foreign exchange risk move may not hit rupee for now

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