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16 years of trusted foreign exchange services – your partner in global transactions. We are a trusted foreign exchange company authorized by the Reserve Bank of India (RBI) to buy and sell foreign currencies. With over 16 years of experience in the business, we have built a reputation for ...
During the reporting week ended January 14, the jump in the foreign exchange reserves was on account of a rise in the foreign currency assets (FCAs), a major component of the overall reserves, and the gold reserves, Reserve Bank of India's (RBI) weekly data released on Friday showed. 印...
The stylised facts indicate that the Reserve Bank of India (RBI) added significant amount of reserves to its kitty although there was a persistent pressure on rupee to depreciate in the aftermath of global financial meltdown that surfaced in the year 2008. We probe this issue by estimating an...
Stringent regulations are meant to safeguard investors and ensure the integrity of the financial system control forex trading in India. Enacted in 1999, the Foreign Exchange Management Act (FEMA) forms the main statutory foundation for forex trading. Under FEMA, the Reserve Bank of India (RBI) is...
is the first step in selecting the best online currency exchange platform in India. Because the Reserve Bank of India manages and sets the standards for this market in the nation. Therefore, it is best to use an online currency exchange provider that has been approved by the RBI. ...
MUMBAI, July 7 (Xinhua) -- India's Central Bank has liberalized norms to boost its foreign exchange inflows as the domestic currency rupee has been weakening against the U.S. dollar. In a statement issued late Wednesday, the Reserve Bank of India (RBI) eased norms for foreign portfolio inv...
RBI Delivers 50-bps Rate Cut, USD/INR Slides to 85.740 June 6, 2025 9:20 am Key Moments: The Reserve Bank of India reduced its key policy repo rate by 50 basis points to 5.5%. The central bank also announced a 100-basis-point cut to the cash reserve ratio, to be implemented in ...
All customers of ICICI Bank Ltd. (“ICICI Bank”) resident in India are hereby informed that the Reserve Bank of India (“RBI”) has issued an advisory on the prohibition on Overseas Forex Trading through Electronic/Internet trading portals. ...
RBI opts for double-dose interest rate cut: How will it affect the daily lives of Indians? The Reserve Bank of India surprised everyone on Friday by announcing a sharper-than-expected cut in interest rates. This decision had an immediate impact on the financial markets, but is also likely ...