balance of payments

3 articles filed under this tag.

Economy

India's $729 Billion Forex Record Has a Catch Most Investors Missed

India's foreign exchange reserves hit a record $729.3 billion, but most of the eight-week surge was borrowed through the RBI's concessional swap window, which shuts on 31 August. Here is what that means for the rupee, bank margins and 2029.

14 min read

Finance

India's FX War Chest Nears Record as Oil Risk Looms

India's foreign exchange reserves jumped $10.5bn to $692.87bn, the biggest weekly gain since January, as the RBI rebuilds its currency-defence firepower ahead of a fragile oil market. We unpack what the numbers really say.

11 min read