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  1. Reserve Bank of India bought US $ 7.78 billion in spot forex market in March

    by , 05-13-2014 at 06:05 AM
    Reserve Bank of India bought US $ 7.78 billion in spot forex market in March

    The Reserve Bank of India was a net buyer of dollars worth US $ 7.78 billion in the spot forex market in March. As per the data of Monthly Bulletin for May 2014, the central bank purchased USD 8.75 billion in March while it sold US $ 970 million during the month.

    However, in February, RBI had sold a net US $ 530 million in the spot forex market. For the entire 2013-14, there were net buys of ...
  2. Goldman Closes Real Estate Credit Fund at $4.2 Billion

    by , 05-12-2014 at 03:20 AM
    Goldman Closes Real Estate Credit Fund at $4.2 Billion

    Goldman Sachs Group Inc. (GS), whichshifted its real estate focus to lending from buying propertiesafter the financial crisis, completed fundraising for its secondreal estate credit pool at $4.2 billion.
    The New York-based firm raised $1.8 billion in equitypledges from institutions and wealthy individuals, supplementedby the same amount in borrowings and $600 million of the firm’sown money, said Alan Kava, co-head of the ...