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India overtakes Russia to become world’s 4th largest forex holder

India overtakes Russia to become world’s 4th largest forex holder

India’s foreign exchange reserves jumped by $44.9 billion to a record $785.7 billion in the week ended September 4, aided by strong dollar inflows through the RBI’s FCNR(B) deposit scheme.

12 Sept 2026 2:59 PM IST

Rupee hits record low of 95.96 against US dollar

Rupee hits record low of 95.96 against US dollar

14 May 2026 9:46 PM IST

India’s forex, money markets have doubled in last 4 years: RBI Governor

India’s forex, money markets have doubled in last 4 years: RBI Governor

There has also been a 40 per cent surge in average daily volumes in the government securities (G-secs) markets to Rs...

20 April 2025 12:15 PM IST

Former Amnesty India chief slapped with Rs10cr fine for forex violation

Former Amnesty India chief slapped with Rs10cr fine for forex violation

New Delhi: The Enforcement Directorate has slapped a fine of Rs 51.72 crore and Rs10 crore respectively on former CEO...

9 July 2022 11:43 AM IST