Tag: forex

India Slashes Coal Imports by Over 9% in FY25, Saves Nearly $7 Billion in Forex

The most notable drop occurred in the Non-Regulated Sector, where imports declined by 15.3% year-on-year, reflecting the impact of strategic efforts to reduce dependence on foreign coal.

May 14, 2025

India’s forex reserves decline USD 2 billion and come off record highs

Preceding those three weeks, the forex kitty had seen three consecutive weeks of decline.

June 2, 2024