Indian Foreign Exchange Reserves (Jan/02) 686.80 (Prev. 696.61, Rev. 696.61)
India's foreign exchange reserves have decreased to $686.80 billion from the previous $696.61 billion, which remains unchanged after revision.
Bank of America Consumer Checkpoint says total credit and debit card spending +1.8% Y/Y in December (vs 1.3% in November); seasonally-adjusted spending growth +0.5% M/M
Beijing reportedly set to approve imports of NVIDIA (NVDA) chips, according to Semafor
Indian Foreign Exchange Reserves (Jan/02) 686.80 (Prev. 696.61, Rev. 696.61)
Guangzhou Futures Exchange announces an adjustment of price limits and margin requirements for platinum and palladium futures from 13th January
UAE's ADNOC lowers crude OSP to USD 63.06/bbl for February (vs January's 65.53)
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This decline could reflect underlying pressure on the currency or implications for monetary policy, especially in the context of global risk appetite and capital flows. It's important to monitor any broader trends in reserves as they can influence the stability of the Indian Rupee and market sentiment.
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