Category : Search result: IMF India exchange rate


Nikkei dips on tech sell-off, real estate gains

Japan's Nikkei 225 fell slightly as AI-related tech stocks faced selling pressure. However, a stable yen and strong Wall Street performance limited losses. Real estate sector emerged as top gainer. Read more for market insights.

India's Forex Reserves Fall to $686.227 Billion

India's foreign exchange reserves declined by $1.88 billion for the week ending July 5, 2024, settling at $686.227 billion. The drop was primarily due to a decrease in foreign currency assets, though gold reserves saw an increase. Get the full analysis he

RBI Cuts Repo Rate 25 bps, Boosts GDP Forecast to 7.3%

The RBI's MPC delivered a unanimous 25 bps rate cut as inflation plunged to 0.25%. It also raised GDP growth forecast to 7.3% and announced a ₹1.5 lakh crore liquidity boost. Discover what this means for your loans and investments.

Rupee rises to 89.69 vs dollar before RBI policy

Indian rupee strengthens by 20 paise against US dollar, trading at 89.69. Forex traders cautious ahead of RBI monetary policy announcement. Key details on market sentiment and outlook.

RBI Cuts Repo Rate by 25 bps as Expected

The Reserve Bank of India's MPC cut the repo rate by 25 basis points to 5.25% in its December policy. This marks a cumulative reduction of 125 bps since February. Read the full analysis.

Rupee gains to 89.80 vs USD ahead of RBI policy

Indian rupee extended recovery, rising 9 paise to 89.80 against US dollar in early trade Friday. All eyes on RBI's monetary policy announcement at 10 AM for future direction. Read full analysis.

Rupee recovers to 89.90 vs dollar after RBI steps in

The Indian rupee staged a sharp recovery from its lifetime low of 90.43, closing at 89.90 against the US dollar. The rebound was driven by suspected RBI intervention and a softer dollar index. Read the full analysis.

Pakistan to Sell Loss-Making PIA via Bidding

Pakistan initiates bidding to privatise loss-making Pakistan International Airlines (PIA), a key step under its $7 billion IMF programme. Read the full details and implications.

Govt to Update GDP Base Year to 2022-23 from 2011-12

Finance Minister Nirmala Sitharaman announced India will update its GDP calculation base year to 2022-23. New data series, reflecting modern consumption, will be released on Feb 27. Read the full story.

8 Luxe Destinations Where INR is Still Strong

The rupee's slide doesn't have to ruin your luxury holiday plans. Discover eight opulent international destinations where the Indian currency still commands impressive value for premium experiences.

Japan's Nikkei gains on tech stocks, Topix falls

Japan's Nikkei share average climbed 0.7% on Wednesday, driven by tech stocks mirroring Wall Street's gains. The broader Topix index fell 0.37% as bank shares declined. Read the full market analysis.

IMF 'C' Rating Questions India's GDP Data Quality

The IMF's 'C' rating highlights long-standing issues with India's GDP data, including an outdated base year and deflator problems, casting doubt on the impressive 8.2% Q2 growth figure. Experts call for urgent statistical reforms.

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