Illustration Indian Rupee

Illustration Indian Rupee

CHONGQING, CHINA - AUGUST 29, 2025 - An illustration photo shows the Indian rupee logo displayed on a smartphone with the American flag in the background in Chongqing, China on August 29, 2025.

Illustration Indian Rupee

Illustration Indian Rupee

CHONGQING, CHINA - AUGUST 29, 2025 - An illustration photo shows the Indian rupee logo displayed on a smartphone with the American flag in the background in Chongqing, China on August 29, 2025.

Illustration Indian Rupee

Illustration Indian Rupee

CHONGQING, CHINA - AUGUST 29, 2025 - An illustration photo shows the Indian rupee logo displayed on a smartphone with the American flag in the background in Chongqing, China on August 29, 2025.

Illustration Indian Rupee

Illustration Indian Rupee

CHONGQING, CHINA - AUGUST 29, 2025 - An illustration photo shows the Indian rupee logo displayed on a smartphone with the American flag in the background in Chongqing, China on August 29, 2025.

Illustration Indian Rupee

Illustration Indian Rupee

CHONGQING, CHINA - AUGUST 29, 2025 - An illustration photo shows the Indian rupee logo displayed on a smartphone with the American flag in the background in Chongqing, China on August 29, 2025.

India's forex reserves rise to 642.49 bln USD as rupee falls

STORY: India's forex reserves rise to 642.49 bln USD as rupee falls SHOOTING TIME: March 20, 2024 DATELINE: March 25, 2024 LENGTH: 00:01:16 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the India gate 2. various of the Reserve Bank of India 3. various of a market STORYLINE: India's foreign exchange reserves reached an all-time high of 642.49 billion U.S. dollars during the week ended on March 15, the country's central bank has reported. This was the fourth straight week with an increase in the forex reserves for the South Asian country. According to the Reserve Bank of India on Friday, the forex reserves rose by nearly 6.4 billion dollars during the week ended on March 15. The foreign currency assets stood at 568.386 billion dollars, while the gold reserves amounted to 51.14 billion dollars during the cited week, the data showed. Meanwhile, the Indian rupee fell to its lowest level of 83.43 against the U.S. dollar, due to broad weakness in its Asian peers and the aggressive

India's foreign exchange reserves dip to 4-month low

STORY: India's foreign exchange reserves dip to 4-month low DATELINE: Sept. 23, 2023 LENGTH: 00:01:18 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of Reserve Bank of India 3. various of banks 4. various of market STORYLINE: India's foreign exchange reserves dipped by 860 million U.S. dollars to 593.037 billion dollars during the week ended Sept. 15, showed data released by the country's central bank, the Reserve Bank of India (RBI), on Friday. This was the second consecutive week when the South Asian country's forex reserves declined. During the week ended Sept. 8, the forex decreased by 4.99 billion dollars to 593.90 billion dollars. The current value of forex reserves is said to be at a four-month low. The fall in forex reserves is attributed to the steps taken by the RBI to defend the Indian rupee amid pressures caused majorly by global developments since last year. The foreign currency assets, a major component of the forex reserves, also decreased

U.S. financial hegemony backfires as countries opt for de-dollarization

STORY: U.S. financial hegemony backfires as countries opt for de-dollarization DATELINE: July 14, 2022 LENGTH: 00:02:33 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY/POLITICS SHOTLIST: 1. various of the street view of in the U.S. 2. SOUNDBITE (English): MICHAEL HUDSON, Professor of economics at the University of Missouri-Kansas City STORYLINE: With the U.S. dollar being increasingly weaponized by a self-serving Washington, countries have been seeking reliable alternatives to regain financial independence. India's central bank has recently unveiled an Indian rupee settlement system for international trade, a move seen as a step towards de-dollarization. An American economist says the U.S. financial hegemony backfires as countries opt for de-dollarization. SOUNDBITE (English): MICHAEL HUDSON, Professor of economics at the University of Missouri-Kansas City "That (the dollar hegemony) enabled America to have high living standards and to be rich despite the fact that it's de-industrialized. The question is how