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Forex trader duped of Rs 50 Lakh on pretext of dollar exchange; two booked

December 03, 2025 8:07 pm

Vinod Kumar, a resident of Tej Bagh Colony in Patiala, told the police that he has been running a money exchange business under the name ‘Singla Forex’.

Countries that Use Most Cash in 2025 List

Countries with most cash use in world in 2025: Pakistan in top 10; know where India ranks

November 12, 2025 6:12 pm

List of top 10 countries with most cash usage in 2025: At the top of the list is Myanmar, where cash is used for about 98 per cent of everyday transactions.

RBI announces $5-bn forex swap, OMOs and VRR to inject liquidity

January 28, 2025 5:39 pm

The regulator also announced open market operation (OMO) purchase auctions aggregating to RS 60,000 crore and a 56-day variable rate repo (VRR) auction in February.

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In calibrated move, RBI loosens grip, lets rupee depreciate against US dollar

January 19, 2025 10:24 pm

Since December 10, rupee has depreciated 2.12% against US dollar to touch 86.62

Forex reserves dip to nearly six-month low

December 20, 2024 7:16 pm

The reserves had declined by $3.2 billion in the week of Dec. 6, and have declined by $52 billion from the record high of $704.89 billion hit on Sept. 27.

Forex reserves drop to over five-month low

December 14, 2024 10:11 pm

Changes in foreign currency assets are caused by the central bank's intervention in the forex market as well as the appreciation or depreciation of foreign assets held in the reserves.

On Monday, the rupee appreciated 12 paise to close at 84.29 against US dollar. (Representational image via Canva)

Rupee rises 7 paise to 84.22 against US dollar in early trade

November 26, 2024 11:09 am

At the interbank foreign exchange, the rupee opened at 84.27, and touched an early high of 84.22 against the greenback.

Rupee falls 8 paise to hit fresh low of 84.50 against US dollar

November 21, 2024 7:02 pm

The US dollar strengthened due to safe-haven appeal amid escalating tension between Russia and Ukraine, while the continuous outflow of foreign funds also put pressure on the domestic unit

For the week ended October 11, foreign currency assets, a major component of the reserves, decreased by USD 10.542 billion to USD 602.101 billion, the data released on Friday showed.

Forex kitty drops $10.75 billion to $690.43 billion

October 18, 2024 6:04 pm

Gold reserves decreased by USD 98 million to USD 65.658 billion during the week, the RBI said.

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‘Unauthorised FX platforms: Need enhanced vigilance by banks’

April 09, 2024 7:57 am

Electronic Trading Platform (ETP) are electronic system, other than a recognised stock exchange, on which transactions in eligible instruments like securities, money market instruments, foreign exchange instruments, derivatives, etc. are contracted.