foreign currency assets

India's foreign exchange reserves have increased for the sixth consecutive week, reaching $677.84 billion, driven by growth in foreign currency assets and gold reserves. This surge strengthens the RBI's ability to manage external shocks and currency volatility. The reserves now cover approximately 10-11 months of projected imports, providing a robust buffer against global uncertainties.

A weaker dollar will definitely lead investors to look beyond the US. This will be a big opportunity for countries like India. But the matter is not as simple as it appears

The rising cost of overseas education means you will need to have a disciplined investment plan for the child’s goal in place well in advance

Venezuela faces a renewed economic crisis in 2025, marked by dwindling oil revenue due to sanctions and electoral fraud consequences. President Maduro declared an "economic emergency" as purchasing power diminishes, threatening recession. While some post-pandemic stability emerged with dollar transactions and eased price controls, growth remained concentrated in Caracas.

The rupee reached a high of 84.97 against the dollar before closing at 85.24, boosted by weaker crude prices. Analysts note the rupee's current stability amid fluctuating forex reserves and protectionist policies affecting the dollar. Continued caution is expected with upcoming economic data releases influencing market reactions.

President Trump's attacks on Fed Chairman Powell and trade tensions are fueling market uncertainty, causing the US dollar to plummet and gold prices to surge. US stock markets experienced significant losses, with the Dow, Nasdaq, and S&P 500 all declining. Investors are increasingly concerned about the stability of the US economy, shifting towards safe-haven assets and European markets.

The Indian rupee experienced a substantial decline, falling 38 paise to settle at 85.82 against the US dollar due to global market volatility linked to trade tensions and economic slowdown fears. Despite falling crude oil prices, the rupee weakened as both FIIs and domestic investors withdrew. The RBI's monetary policy decision and lower crude prices may influence future rupee trends.

Iran's rial has experienced a significant depreciation, reaching an all-time low of over 1 million rials per US dollar. The downturn is attributed to ongoing economic pressures, including US sanctions, reduced oil sales, and inflation. Internal unrest and rumors of increased gasoline prices have intensified tensions. President Pezeshkian calls for equal dialogue with the US amid the crisis.

Trump's decision to pause the hefty tariffs for 90 days followed turmoil in the financial markets that included an acute selloff in the $27 trillion US Treasury market. The working of the US Treasuries and why this selloff occurred, explained

The Indian rupee dropped by 8 paise to close at 85.77 against the US dollar, influenced by month-end dollar demand and the US dollar's recovery. Domestic equity market gains and foreign fund inflows offered some cushion. Anuj Choudhary suggested that elevated crude oil prices and the rebounding US dollar might continue to put downward pressure on the rupee.

The Indian rupee rose by 3 paise to 85.69 against the US dollar, supported by increased foreign fund inflows. Despite initial setbacks, it managed to close higher, buoyed by foreign banks and exporters. The rupee opened at 85.71 and fluctuated throughout the day, facing pressures from liquidity constraints and month-end dollar demand from importers.

Value investors are eyeing Japan as the land of the rising sun wakes up from a long deflationary slumber. Even Warren Buffett is ditching US stocks for Japanese equities. Should Indian investors follow suit?

Anil Agarwal believes it is the best time for India to increase domestic gold production due to rising prices. He highlights India's large gold imports and low domestic production. Higher prices could make local mining more attractive, he says.

India's forex reserves surged $15.27 billion to reach $653.97 billion, the sharpest weekly gain in over three years, as of 7 March. This rebound comes after months of volatility and an 11-month low, highlighting the RBI's active management to stabilize the Rupee.

India's foreign exchange reserves surged by USD 15.267 billion to USD 653.966 billion by March 7, 2024, following a USD 10 billion forex swap by the RBI. foreign currency assets and gold reserves saw significant increases, while the reserve position with the IMF decreased slightly. This marks the largest weekly rise in over two years.

For a country whose problem is absorbing the ever-increasing numbers in its workforce, the debate over whether we need to raise working hours is the wrong one to start with