• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

India’s Forex Reserves Rise By $2.6 Billion

OMMCOM NEWS by OMMCOM NEWS
November 3, 2023
in Business

Mumbai:  India’s foreign exchange reserves increased by $2.579 billion to $586.111 billion during the week ended October 27, the RBI said on Friday.

The country’s foreign exchange reserves had fallen by $2.36 billion to $583.53 billion during the week ended October 20.

The increase comes as a welcome relief as RBI uses the country’s forex reserves to stabilise the rupee when it turns volatile.

Any increase in the forex kitty gives the RBI more headroom to release dollars in the market and stabilise the rupee in case it goes into a free fall.

The country’s foreign exchange reserves had declined by $14.166 billion to a five-month low of $584.74 billion for the week ended October 6.

(IANS)

Tags: Foreign ExchangeRBI
ShareTweetSendSharePinShareSend
Previous Post

Miscreants Set Buses On Fire At Jeypore Terminal; 2 Vehicles Destroyed

Next Post

Manoranjan Mishra Appointed New Executive Director Of RBI

Related Posts

Business

GST 2.0 Reforms Set To Create New Diwali Shopping Records: Economists

October 14, 2025
Business

GST Cuts Fuel Festive Sales Boom Across India, From Cuttack To Noida

October 14, 2025
Business

IMF Ups India’s GDP Growth Forecast For 2025-26 Despite US Tariff Hike

October 14, 2025
Business

De-Dollarisation To Multi-Currency System Will Be Gradual: Report

October 14, 2025
Business

Sensex, Nifty End Lower Amid Broad-Based Selling

October 14, 2025
WPI Inflation
Business

India’s WPI Inflation Declines To 0.13 Per Cent In September

October 14, 2025
Next Post

Manoranjan Mishra Appointed New Executive Director Of RBI

NSS Units Will Be Opened In All Colleges In Odisha, To Be Made More Proactive: Min

Any Misadventure In North Will Have Unimaginable Consequences: Netanyahu Warns Nasrallah

KHIMJI
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.