Fri, Sep 22, 2023
For the week ended September 15, the foreign currency assets, a major component of the reserves, decreased USD 511 million to USD 525.915 billion, according to the Weekly Statistical Supplement released by the Reserve Bank of India (RBI).
Thu, Sep 21, 2023
The rupee is trading close to its all-time high against the US dollar at around Rs 83.30, and the Reserve Bank is actively intervening in the forex market to curtail volatilities, it added.
Fri, Jun 23, 2023
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound, and yen held in the foreign exchange reserves.
Fri, Jun 09, 2023
The apex bank said that the Special Drawing Rights (SDRs) were down by USD 6 million to USD 18.186 billion.
Fri, Jun 02, 2023
India's forex reserves dropped by $4.339 billion to $589.138 billion for the week ended May 26, the Reserve Bank said on Friday. This is another fall in the second consecutive week.
Wed, May 24, 2023
The minister also said that the government efforts have helped in managing inflation and "I am happy that it has been respected and recognised by the RBI (as) they have also taken a pause on the interest rates during the last MPC (Monetary Policy Committee) meeting".
Fri, Apr 28, 2023
The reserves have been declining as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments.
Fri, Apr 21, 2023
For the week ended April 14, the foreign currency assets, a major component of the reserves, increased by USD 2.204 billion to USD 516.635 billion.
Thu, Mar 30, 2023
As pointed out by economists, adequate forex reserves not only help countries fight or overcome economic instability, they also help maintain the stability of the domestic currency.
Sat, Mar 18, 2023
The loss in the reserves is due to the revaluation of the foreign currency assets, which are the largest component of the forex kitty, to the tune of USD 2.2 billion to USD 494.86 billion for the week to March 10.
Fri, Jan 27, 2023
Indian forex reserves have been declining till November 2022, as the central bank deployed the reserves to defend the rupee amid pressures caused majorly due to global economic issues.
Thu, Nov 10, 2022
The appreciation in the value of other currencies like Euro, GBP leads to an increase in FCA that helped in recovering Indian forex reserves.
Fri, Nov 04, 2022
India's forex reserves increased by USD 6.561 billion to reach USD 531.081 billion for the week ended October 28, the RBI said on Friday. The overall reserves, which have been on a declining spree, had dropped by USD 3.847 billion to USD 524.52 billion in the previous reporting week.
Tue, Oct 11, 2022
IMF data shows the fall was highest in the last 20 years recording more than a 6 per cent fall (Q-o-Q) in 2022, as it touched $12 trillion. The forex reserve fell by $4.85 billion to $532.66 billion for the week ending September 30.
Tue, Sep 27, 2022
Due to the strength of the dollar, there has been pressure in the currency of the world. India have enough Forex reserves, says Secretary of Department of Economic Affairs. Watch this video for more details.
Sat, Mar 12, 2022
S&P BSE SENSEX fell nearly 3 per cent on a total return basis in February 2022. It has outperformed developed market indices like S&P 500 (-3.00%) and Dow Jones Industrial Average Index (-3.29%). S&P BSE SENSEX has also outperformed MSCI Emerging Market Index (-3.0%)
Sat, Feb 19, 2022
India`s foreign exchange (forex) reserves declined by $1.763 billion to $630.19 billion in the week ended February 11.
Fri, Nov 19, 2021
The country's foreign exchange reserves declined by USD 763 million to USD 640.112 billion in the week ended November 12, RBI data showed.
Sun, Aug 30, 2020
India's foreign exchange reserves jumped higher by $2.296 billion, during the week ended August 21.
Sat, Dec 21, 2019
Upward trajectory continued for India's foreign exchange reserves during the week ended December 13.
Sat, Dec 07, 2019
India Forex Reserves: According to an official data cited by the Reserve Bank of India's in weekly statistical supplement, India's foreign exchange reserves rose by $2.48 billion during the week ended November 29.
Sat, Jun 29, 2019
Forex reserves comprise Foreign Currency Assets (FCAs), gold reserves, Special Drawing Rights (SDRs) and India`s reserve position with the International Monetary Fund (IMF).
Fri, Jun 30, 2017
FCAs, a major component of overall reserves, rose by $580.2 million to $358.664 billion in the reporting week, the central bank said.
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