Mumbai: The country’s foreign exchange reserves in 2018 It increased by $2.5 billion in the week ending November 18.This is the second week in a row that forex stocks have risen. An increase in reserves reflects the appreciation of non-dollar investments and an improvement in direct purchases of dollars. RBI.Foreign exchange reserves hit a record … Read more
decrease in India’s foreign exchange reserves According to Union Finance Minister Nirmala Sitharaman, it is mainly due to fluctuations in the value of the US dollar. He said this while addressing the International Monetary Fund Committee at the annual meeting of the World Bank and the International Monetary Fund (IMF) last Friday. “India’s foreign exchange … Read more
New Delhi and Mint Street have said India’s external environment remains healthy despite a decade-high inflation in recent months. But as the dollar strengthened and the trade deficit widened, the Reserve Bank of India moved quickly to defend the rupee. The dwindling foreign exchange reserves may leave India’s external situation in dire straits. India’s foreign … Read more
It’s been a few weeks since the crypto crowd had a party in Miami. Coinbase Global Inc. Founder Brian Armstrong has a net worth of $ 13.7 billion, and $ 8 billion by the end of March. This is now just $ 2.2 billion, according to the Bloomberg Billionaires Index, after Bitcoin selloff from ether … Read more
Nasdaq-listed cryptocurrency exchange Coinbase has stopped operating in India a few days after it was due to “irregular pressure”, said Brian Armstrong, CEO of the Reserve Bank of India (RBI). Coinbase shares experience in India Coinbase Global on Tuesday called on the company to improve its operations in India, especially why it left the cryptocurrency … Read more