Currency converter usd to ringgit7/23/2023 India's forex reserves up $5.9 billion to $595.1 billion as on June 2 Jun 9, 2023, 05:18PM IST.It closed 0.3% stronger on Wednesday at 82.1062. The rupee is up 0.8% this year, and is one of only two Asian currencies that has gained against the greenback. ![]() The currency will probably strengthen to 80 per dollar by the end of the year, according to Namrata Mittal, chief economist at SBI Mutual Fund, its first annual appreciation since 2017. Biggest Indian fund manager sees rupee climbing to 80/dollar by 2023 end Jun 15, 2023, 10:02AM IST.trading partners had manipulated their currencies for an export advantage and ended "enhanced analysis" for Switzerland after the country met only one of three manipulation criteria. Treasury said on Friday it found that no major U.S. Taiwan says will it keep talking to US on forex policies Jun 17, 2023, 02:13PM IST.ETMarkets Smart Talk-As we inch towards record highs, investors should keep an eye on monsoon as well: Anand Dalmia Jun 20, 2023, 09:00AM ISTįirstly, US bond yields have likely reached their peak, and other countries have also paused their rate hike plans, indicating an elevated probability of the rate hike regime peaking out.The raids were conducted under the Foreign Exchange Management Act and led to the seizure of Assorted Foreign Currencies worth approximately INR 1.50 crore and the recovery of unaccounted Indian Rupees worth INR 1.40 crore. The Directorate of Enforcement (ED) has conducted raids on 14 locations in Kerala as part of an investigation into the network of Hawala operators and illegal Forex Dealers. ED raids multiple locations in Kerala against network of hawala operators Jun 22, 2023, 09:02AM IST.Forex reserves had dropped by $1.318 billion for the week ended June 9, RBI data had showed. ![]() India's foreign exchange reserves saw an uptick of $2.350 billion, taking the overall level to $596.098 billion as on June 16. Healthy foreign portfolio investment have helped India's forex reserves to rise over the past six to eight months.
0 Comments
Leave a Reply. |