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India's Forex reserves decline by $443 mn

India's Forex reserves decline by $443 mn

India's foreign exchange (Forex) reserves declined by $443.6 million as on May 12, 2017.

Forex reserves down USD 443.6 mn to USD 375.27 bn

Forex reserves down USD 443.6 mn to USD 375.27 bn

After touching a record high, the country's forex reserves declined marginally by USD 443.6 million to USD 375.27 billion in the week to May 12.

Forex reserves at life-time peak of USD 375.71 bn

Forex reserves at life-time peak of USD 375.71 bn

Foreign currency assets, a major component of the overall reserves, rose by USD 2.474 bn to USD 351.53 bn in the reporting week.

US dollar ends higher against rupee

US dollar ends higher against rupee

The US dollar ended higher against the rupee at 64.63/64 per dollar and the pound sterling also finished higher at Rs 83.52/54.

China will step up checks on trade, investment in 2017

China will step up checks on trade, investment in 2017

China will boost authenticity and compliance checks on trade and investment this year and increase checks and punishment on illegal forex activities.

Forex reserves shy of record high at USD 371.14 bn

Forex reserves shy of record high at USD 371.14 bn

Foreign exchange reserves were just short of the life-time high after rising by USD 1.250 bn to USD 371.14 bn in the week to Apr 21.

Forex reserves increase by $889.4 mn to $369.887 bn

Forex reserves increase by $889.4 mn to $369.887 bn

Foreign currency assets, a major component of the overall reserves, surged by USD 881 mn to USD 346.248 bn in the reporting week, RBI said.

Rupee slips from initial gains, down 2 paise vs USD

Rupee slips from initial gains, down 2 paise vs USD

The rupee slipped from its initial gains to trade lower by 2 paise to 64.54 against the US dollar.

Forex reserves down USD 956.4 mn to USD 368.998 bn

Forex reserves down USD 956.4 mn to USD 368.998 bn

India's foreign exchange reserves declined by USD 956.4 million to USD 368.998 billion for the week ended April 7 due to fall in foreign currency assets, the RBI said.

Citi profit beats estimates as fixed-income trading jumps

Citi profit beats estimates as fixed-income trading jumps

Citigroup Inc reported a better-than-expected 17 percent jump in quarterly profit, boosted by strong fixed-income trading as clients adjusted their positions.

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