Another interesting article about forex reserves.
"Foreign exchange reserves rose by $3.16 billion in the week ending January 18, 2008 taking the total reserves to a record $284.98 billion. Money market dealers said that the rise in the forex reserves was largely on account of subscription to the IPO of Reliance Energy that closed on January 18.
The public offering is expected to have drawn in large scale funds from foreign institutional investors. During the same week, the BSE’s benchmark index, Sensex, had dipped about 1,000 points to close at 19,700 with most FII selling shares.
The foreign currency assets stood at $276.13 billion while the reserves with IMF was down by $1 million to $433 million, according to the data released by the Reserve Bank of India in its Weekly Statistical report. In the two weeks ended January 18, forex reserves rose by $8.3 billion. For the second consecutive week, the government’s deposits with the Reserve Bank rose."
Read more here Forex reserves swell $3.2 bn on IPO inflows
Subscribe to:
Post Comments (Atom)
11 comments:
Thanks for this. I really like what you've posted here and wish you the best of luck with this blog! bridal sarees online
One should keep in mind factors you mentioned about IForex Signals while trading...or one will suffer a great loss.
Investing in stock market using Intraday Tips are very profitable than forex market.
Do you post or provide forex tips too ? As I can not find the same anywhere else.
High accuracy forex tips can help traders in earning better returns on their investment. Traders can take help from financial advisory services providers as well.
Absolutely, day by day the popularity of Forex business has been increasing very widely! Like, now it’s very easy to start live trading journey since, small investors are welcomed by many good brokers! Such as, I opened my live trading account by only 150$ but I got 100% welcome bonus from this helpful trading platform, so many spaces for retail traders actually!
Much gratefulness to you for this beguiling writhing. I would expect more articles from you. I do love Options trading. I slant toward lxmarkets as one of the best options broker and i trade with them and never at whatever point found any issues with the trading and in like way withdrawal. I see that its astonishing broker. I am light to trade with such a standard broker with attractive payout.
Its very obvious to make losses in business. In forex business u can prevent losses by using ur good sense of humor and also choose a good broker which can help u to do good trading by their guideline. I do option trading with lxmarkets broker. It helps me a lot to make a good amount of money .If u also want to save ur money and want to decrease losses u should definitely work with lxmarkets broker.
Forex is the largest money and globally decentralized market where traders, businessman, investors gather to exchange their currencies with the current rate. Every day above $4 trillion dollar are traded here. Brokers are the media of Forex market. Traders run their transaction with Forex through brokers. Traders gather here to develop their earning condition through exchanging currencies. Trade12 is the best broker with it’s special trading environment, fast execution, high leverage, low spread and no extra transaction cost.
USA Forex Signal Provide best forex signals in the world . USA Forex Signal Provide free forex trading signals daily.
What are the criteria for selecting USA Forex Signal provider for you?
When you add USA Forex Signal provider, lead not look it to your reside account without the compulsion of the investigation. These systems are primarily based on complicated statistical mathematics and algorithms in analyzing marketplace trends, predict, and predictions. USA Forex Signal is a worldwide and adeptly-known Forex signals Company. It is worldwide just about 400+ country SMS and worldwide Email coverage Forex Signals Company. It is top forex signals providers. There are lots of things which they manage to pay for to satisfy customer’s obsession and it incorporates the finding out method. These automated upon the web trading services proclamation you to review and trade hundreds of trading systems and forex signals, stocks, and commodities.
USA Forex Signal: http://www.usaforexsignal.com/
Improve your knowledge, skills and trading strategies by reading our Forex Trading eBook.
Post a Comment