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Reserve Bank of India & FOREX News is an EIN News Service for FOREX trading professionals. Constantly updated news and information about FOREX trading.
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Latest Reserve Bank of India & FOREX News

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  • New kids on the block 30 Nov 2009 01:51 GMT
    ... and insurance companies. Who can trade. The Reserve Bank of India (RBI) has laid down ... quarterly contracts. Like any other asset class, foreign exchange rates move depending on factors like demand ...

  • Forex reserves kitty down by USD 1,032 mn 27 Nov 2009 14:11 GMT
    ... Forex reserves slumped by USD 1,032 million to stand USD ... per the weekly statistical supplement of the Reserve Bank of India (RBI) released on Nov. 27, 2009, foreign ...

  • Crude oil to gain from rising gold, falling dollar 25 Nov 2009 06:31 GMT
    ... 27% above the forward. The link between FX and oil could be breaking down With ... USD. At the same time, stronger EM foreign exchange reserves will effectively boost EM commodity purchasing ... targets intact The signal sent by the Reserve Bank of India and the market reaction ...

  • Crude oil to gain from rising gold falling dollar 25 Nov 2009 06:33 GMT
    ... 27% above the forward. The link between FX and oil could be breaking down With ... USD. At the same time, stronger EM foreign exchange reserves will effectively boost EM commodity purchasing ... targets intact The signal sent by the Reserve Bank of India and the market reaction ...

  • Abhishek Sinha On Foreign Direct Investment In The Education Sector 24 Nov 2009 10:22 GMT
    ... supported FDI in the education sector. The Foreign Exchange Management Act, 1999 (FEMA) is the Central ... only subject to post-investment reporting requirements with Reserve Bank of India. Regulatory hurdles for FDI ...

  • RPT-PRECIOUS-Gold hits record high as dollar sets new lows 26 Nov 2009 07:20 GMT
    ... buying by central banks looking to diversify foreign exchange reserves, particularly in Asia, after a newspaper ... the IMF would be taken by the Reserve Bank of India, Indian finance ministry official ...

  • Rupee gains 17 paise against dollar 25 Nov 2009 14:35 GMT
    ... 46.38/39 a dollar. Dealers at the Interbank Foreign Exchange (forex) market said exporters sold the dollar which ... Asian indices closed in the green. The Reserve Bank of India, however, fixed the reference rate for the ...

  • Rupee ends 14 paise stronger against dollar 24 Nov 2009 07:50 GMT
    ... its last close. Dealers at the Interbank Foreign Exchange (forex) market said the local rupee rose as ... the back of strong global cues. The Reserve Bank of India, however, fixed the reference rate for the ...

  • Central Bank Buying Spurs a Gold Rush 26 Nov 2009 01:14 GMT
    ... typically buy U.S. dollars to store their foreign exchange reserves, the growing taste for gold can ... on Nov. 4, the day after the Reserve Bank of India announced that it had ...

  • Gold hits record high above $US1,195 26 Nov 2009 10:58 GMT
    ... buying by central banks looking to diversify foreign exchange reserves, particularly in Asia, after a newspaper ... the IMF would be taken by the Reserve Bank of India, Indian finance ministry official ...

  • India's dollar dilemmas 24 Nov 2009 17:11 GMT
    ... statement comes a few weeks after the Reserve Bank of India (RBI) bought 200 tonnes ... details about how it invests the country’s foreign exchange hoard, so we may have to wait ...

  • HIGHLIGHTS-India central bank head in Hyderabad 27 Nov 2009 13:15 GMT
    ... HYDERABAD, India, Nov 27 (Reuters) - Reserve Bank of India (RBI) Governor Duvvuri Subbarao said on Friday ... Reserve Bank does not intervene in the forex market, what that does is it appreciates the rupee. ...

  • Gold hits record high above $1 192/oz 26 Nov 2009 06:37 GMT
    ... buying by central banks looking to diversify foreign exchange reserves, particularly in Asia, after a newspaper ... sold 202 tons of gold to the Reserve Bank of India and the Bank of ...

  • Gold approaching $1200 on high physical demand 26 Nov 2009 07:30 GMT
    ... buying by central banks looking to diversify foreign exchange reserves, particularly in Asia, after a newspaper ... sold 202 tons of gold to the Reserve Bank of India and the Bank of ...

  • Gold hits record high as dollar sets new lows 26 Nov 2009 07:32 GMT
    ... buying by central banks looking to diversify foreign exchange reserves, particularly in Asia, after a newspaper ... the IMF would be taken by the Reserve Bank of India, Indian finance ministry official ...


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