Forex Inflows News Today

Indias merchandise trade deficit narrowed to a nine month low of $ 17.5 bn in January compared to $ 19.8 billion in December2023. Service surplus surged to $16.8bn in January versus $16.0bn surplus in December.

NRIs park more forex in India! Fund flows into FCNR (B) deposits, designed for non-resident Indians (NRIs), have more than doubled this year, indicati

The rupee appreciated 17 paise to 82.17 against the US dollar today as foreign capital inflows and a rally in domestic stocks bolstered investor sentiment.

The Reserve Bank of India announced a slew of measures on Wednesday to bring in a fistful of dollars, including allowing overseas investors to buy short-term corporate debt and opening of more government securities under the fully accessible route, , reserve bank of india, reserve bank of india, forex inflows, forex inflows, rupee stabilisation, rupee stabilisation

These investments will not be reckoned for the short term limit till maturity or sale of such investments.

The central bank said it has been closely and continuously monitoring the liquidity conditions in the forex market and has stepped in as needed in all its segments to alleviate dollar tightness with the objective of ensuring orderly market functioning, , rbi, forex inflows, rupee

The Reserve Bank of India said it would take measures to enhance foreign exchange inflows, including letting foreign investors invest in short-term corporate debt and allowing the purchase of more government securities under the fully accessible route.