Bloomberg on MSN10d
A $6 Trillion FX Pile Is Asia’s Shield From Resurgent Dollar
A $6.4 trillion foreign-exchange reserve pile in Asia is giving investors confidence that central banks have the ammunition ...
Mint10d
A $6 Trillion FX Pile Is Asia’s Shield From Resurgent Dollar
However, a years-long increase in FX reserves means central banks are in pole position to smooth volatility, according to Barclays Plc and MUFG Bank Ltd. That firepower is important since the Fed ...
Rupee little changed; cenbank intervention expectations mask weak Asia FX
The Reserve Bank of India (RBI) has been intervening regularly to support the rupee, which has meant that the unit's decline ...
India's foreign exchange reserves decline for fourth week after stellar run
India foreign exchange reserves fell for the fourth consecutive week after reaching an all-time high last month ...
India's forex reserves decline for fifth week, possibly due to RBI selling
In the week ending November 1, forex reserves declined by USD 2.675 billion to USD 682.130 billion, according to data released by the Reserve Bank of India (RBI) on Friday. In the three previous weeks ...