India’s forex reserves comfortable for next 5-6 years, FTAs to generate surplus: Piyush Goyal

2023-05-24 08:09:37 Commerce and industry minister Piyush Goyal on Wednesday said that India’s free trade agreements (FTA) will help generate surpluses and that the country is “comfortable” for the next five-six years in its foreign exchange position. On the aim to achieve $1 trillion each of goods and services exports by 2030, Goyal said: “I … Read more

India’s forex reserves up $7.2 billion to $595.98 billion

2023-05-12 11:41:16 India’s foreign exchange reserves saw a rise of $7.196 billion to $$595.98 billion as on May 5, 2023, data from the Reserve Bank of India showed on Friday. India’s forex reserves reached a 10-month-high of $588.8 billion in the week through April 28, recovering from a drop to $524.5 billion last October, when … Read more

India’s Forex Reserves Drop To 3-Month Low At $560 Billion

India’s foreign exchange reserves declined by about USD 2.4 billion to USD 560.003 billion in the week ending on March 10, according to the Reserve Bank of India’s latest data. During the prior week that ended on March 3, India’s foreign exchange reserves rose for the first time in five weeks to USD 562.40 billion, … Read more

India Forex reserves rise by USD 1.727 billion to USD 573.727 billion

India’s forex reserves increased by USD 1.727 billion to USD 573.727 billion in the week ended January 20, the Reserve Bank of India said on Friday. This is the second consecutive week of a rise in the kitty after the USD 10.417 billion jump to USD 572 billion during the preceding week. In October 2021, … Read more

India’s forex reserves rise by $1.727 bn to $573.727 bn

India’s foreign exchange reserves increased by $1.727 billion to $573.727 billion in the week ended January 20, the Reserve Bank of India said on Friday. India’s forex reserves stood at $561.583 billion as on January 13, 2023. The Foreign Currency Assets stood at $503.65 billion. FCA is a major component of the overall reserves. Expressed … Read more

Canadian Defense Minister Anita Anand makes a surprise visit to Ukraine | Europe

Mrs Anita Anand. (Source: cbc.ca) According to Reuters, on January 18, Canadian Defense Minister Anita Anand arrived in Kiev to meet with Ukrainian authorities and announced the delivery of 200 armored vehicles carrying Senators to Ukraine, as part of a package. military support new. Canada’s Ministry of Defense announced that Ukraine had made a specific … Read more