Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: TDS :: articles on VAT and GST in India :: form 3cd :: due date for vat payment :: empanelment :: list of goods taxed at 4% :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: VAT RATES :: Central Excise rule to resale the machines to a new company
Forex »
 Perils of an ad hoc forex policy
 Rupee depreciated by 17 paise to Rs 45.62 a dollar in early trade
 Rupee strengthened by 7 paise against dollar
 Rupee up by 4 paise against dollar in early trade
 Rupee falls by 18 paise at 4-week low against dollar
 Rupee drops on weak shares; inflation eyed
 Rupee raises 6 paise against dollar in early trade
 Rupee among most traded in futures market
 Indian rupee gain 12 paise against US dollar
 Rupee marginally rise up by 1 paise against US dollar
 Rupee drops tracking euro, choppy shares

Forex reserves up at $273.4 bn
May, 29th 2010

Foreign exchange reserves rose $64 million during the week ended May 21, largely on account of revaluation of non-dollar assets in reserves.

Total reserves touched $273.4 billion with foreign currency assets comprising dollars, British pounds and euro among rising $40 million.

While special drawing rights (or, SDRs) the reserve currency with the International Monetary Fund and the reserve capital with the IMF rose $19 million and $5 million, respectively.

Amid mounting concerns about Greece and other European economies, the value of euro vis-a-vis the dollar dipped to multi-year lows, resulting in a sharp revaluation of foreign exchange reserves, said a treasury official at a public sector bank.

The governments borrowing from RBI for the week dipped by Rs 9,079 crore on account improved revenue position. Such borrowings are resorted to by the government to meet its daily revenue mismatches.

Total borrowing for the year so far rose to Rs 21,655 crore, according to RBI data. State governments, however, did not borrow from RBI under this facility for the second consecutive week. These short term borrowings are known as ways and means advances.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Website Ranking Website Ranking Company Website Positioning Alexa Ranking Website Promotion Website top 10 ranking website top 10 promotion search engine result promotion Strategic Internet Marketing Website Optimization Website Ranking Factors

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions