ForeignExchange

India’s Forex Reserves Reach $698.192 Billion, Driven by FCA and Gold

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India’s Forex Reserves Reach $698.192 Billion, Driven by FCA and Gold

India’s Forex Reserves Climb to $698.192 Billion India’s foreign exchange reserves rose by $2.703 billion to reach a total of $698.192 billion for the week ending July 25. This increase, reported by the RBI on August 1, follows a drop of $1.183 billion in the preceding week. The growth in reserves was driven by increases … Read more

RBI Amends Export Regulations for Offshore Support Vessels (2025)

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RBI Amends Export Regulations for Offshore Support Vessels (2025)

RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENTNOTIFICATIONNew Delhi, the 24th June, 2025Foreign Exchange Management (Export of Goods & Services) (Amendment) Regulations, 2025No. FEMA 23(R)/(6)/2025-RB In exercise of the powers conferred by Section 7 and clause (b) of subsection (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of … Read more