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India's Finance Ministry described the May 2026 economic outlook as showing cautious resilience, while flagging a likely moderation in activity. Strong services exports, adequate foreign exchange reserves, and a stable labour market are the three factors the ministry cited as supporting stability.
The RBI's net short forward position rose to a record $104 billion in March, up from $77 billion in February. The surge reflects heavy intervention to shield the rupee from volatility, pushing effective import cover below nine months. Markets will watch whether the RBI needs to keep rolling these dollar commitments
The RBI moved 104 tonnes of gold to domestic vaults, raising India-held reserves to around 510 tonnes out of a total 880 metric tonnes. A rally in gold prices lifted the metal's share of India's forex reserves to 16.7%, up from 13.92% six months ago. The repatriation continues a trend the RBI started in 2022.
Tag
India's Finance Ministry described the May 2026 economic outlook as showing cautious resilience, while flagging a likely moderation in activity. Strong services exports, adequate foreign exchange reserves, and a stable labour market are the three factors the ministry cited as supporting stability.
1mo ago · 3 min · Economy
The RBI's net short forward position rose to a record $104 billion in March, up from $77 billion in February. The surge reflects heavy intervention to shield the rupee from volatility, pushing effective import cover below nine months. Markets will watch whether the RBI needs to keep rolling these dollar commitments
2mo ago · 1 min · Markets
The RBI moved 104 tonnes of gold to domestic vaults, raising India-held reserves to around 510 tonnes out of a total 880 metric tonnes. A rally in gold prices lifted the metal's share of India's forex reserves to 16.7%, up from 13.92% six months ago. The repatriation continues a trend the RBI started in 2022.
2mo ago · 1 min · Economy
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