Tag Archives: dollar

Inflation | Forex reserves set to top $655 billion by March as RBI continues to run down dollar forward book: Report

As the central bank continues to increase forex reserves by running down the forward book which totalled USD 42 billion as of end-July, signalling its strong resolve to build a bigger reserve cushion to aid its expansionary, unorthodox monetary policy, … Continue reading

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government finances | India’s external debt rises to $570 billion in March

India’s external debt surged by USD 11.5 billion year-on-year to USD 570 billion as of March-end 2021, according to the Reserve Bank of India data released on Wednesday. The external debt to GDP ratio rose to 21.1 per cent as … Continue reading

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government finances | India’s forex reserves fell to $616.9 billion as of August 20

India’s foreign exchange reserves fell by $2.47 billion to $616.9 billion as of August 20, compared to $619.37 billion a week earlier, the Reserve Bank of India (RBI) said on Friday. Changes in foreign currency assets, expressed in dollar terms, … Continue reading

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debt markets | India worried about rupee drop, mulls tapping NRIs

By Shruti Srivastava and Siddhartha SinghIndia expressed concern about the rupee’s decline for the first time and said it’s considering a plan to tap its citizens overseas, according to a government official. The local currency, Asia’s worst performing major so … Continue reading

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debt markets | Aramco offers six-part debt paper as it makes dollar-bond debut

Saudi Aramco started the sale of its debut dollar bonds, as the world’s most profitable company taps the market ahead of a planned $69-billion acquisition. The oil giant is offering sixtranche debt, according to a person familiar with the matter, … Continue reading

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debt markets | SBI raises $1.25 billion via dollar bond sale

Mumbai: The country’s largest lender State Bank of India has raised a total of $1.25 billion in its largest funding deal in almost five years as it arms itself for demand for dollar funds from companies in the new year. … Continue reading

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debt markets | Dial raises $350 million through dollar bond sale

Mumbai: The GMR Group controlled Delhi International Airport (Dial) has raised $350 million by selling 10-year dollar bonds to investors across the world in the first such issuance by an Indian company after election results were announced. The bonds were … Continue reading

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debt markets | New series of gold bonds look like a good bet

Investors could put money into the seventh series of the Sovereign Gold Bonds opening on Monday as analysts believe the recent decline in gold prices could be temporary. Wealth managers are advising clients—especially the rich– to shift some money from … Continue reading

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debt markets | Not sure how high is a high on D-St? Just SIP and buy on dips

Mumbai: Dollar-cost averaging is, perhaps, as old as the science of investing, which helped separate the discipline from an unpredictable art. As India’s broadest indices scale new summits each passing day, it’s time to dust off that decades-old concept – … Continue reading

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The EU Commission | Gold pares gains as stock markets climb, dollar steadies

Gold prices pared gains on Monday as the dollar recovered losses and stock markets rallied after U.S. President Donald Trump signed a long-awaited pandemic aid bill, while liquidity remained low on account of the holiday season. Spot gold was little … Continue reading

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