Forex Reserve

India’s Forex Reserves Surge By $3.7 Bn To Touch $641.6 Bn Mark

RBI Governor Shaktikanta Das on Friday referred to the record foreign exchange reserves as a reflection of the strength of the Indian economy.

May 10, 2024, 19:04 PM IST

Forex Reserves Increase USD 591 Mn To USD 616.7 Bn

Gold reserves increased USD 269 million to USD 47.481 billion during the week, the RBI said.

Feb 02, 2024, 18:05 PM IST

India's Forex Reserves Declined USD 1.32 Bn Last Week To USD 593.75 Bn

The forex reserves had fallen largely because of the RBI's intervention in the market to defend the depreciating rupee against a surging US dollar.

Jun 16, 2023, 20:00 PM IST

India's forex reserves up for 5th consecutive week

However, gold reserves during the latest week declined by USD 296 million to USD 40.729 billion.

Dec 17, 2022, 18:42 PM IST

Explained: What is forex reserve and why is it so important for countries?

Forex reserve or foreign currency reserves include cash (foreign currency) and other assets like gold that are held by the central banks of any country or other financial institutions.

Nov 05, 2022, 14:12 PM IST

'Would PM Modi say anything on this?': Kharge on falling rupee, declining forex reserves

Mallikarjun Kharge claimed that there was a decline of USD 85 billion in the forex reserves in the first half of the fiscal and alleged that India's forex store dipped faster than its peers

Oct 27, 2022, 19:35 PM IST

India's Forex Reserve falls to the lowest level in the last two year

This is the lowest level of India`s forex reserves since July 24, 2020.

Oct 08, 2022, 17:33 PM IST

India's forex reserves decline by over $1.4 billion

The Reserve Bank of India’s forex reserves decreased to $633.614 billion from $635.080 billion.

Jan 07, 2022, 22:12 PM IST

India's forex reserves jump $8.22 billion, crosses $500 billion mark for the first time

India's foreign reserves crossed the $500 billion mark on Friday for the first time after registering a massive surge of $8.22 billion in the week ended June 5 aided by higher foreign inflows.

Jun 13, 2020, 09:56 AM IST

India's Forex reserve down by USD 593 million, says RBI

The overall forex reserves declined to USD 412.23 billion from USD 412.82 billion reported for the week ended May 25, according to RBI.

Jun 08, 2018, 21:44 PM IST

Forex kitty swells by $3.57 billion, closes in on $400 bn-mark

In the previous week, the reserves had increased by USD 1.148 billion to USD 394.55 billion.

Sep 08, 2017, 20:01 PM IST

Forex kitty rises to record $394.55 billion

Gold reserves remained unchanged at USD 19.943 billion.

Sep 01, 2017, 20:22 PM IST

FCNR payments, strong US dollar deplete India's forex reserves

A strengthened US dollar and FCNR B (Foreign Currency Non Resident Bank) payments, drained $1.50 billion from India`s foreign exchange (Forex) kitty, experts said on Saturday.

Oct 22, 2016, 17:43 PM IST

Ability to withstand challenging global trends strong: Jaitley

He emphasised that macroeconomic indicators like inflation, forex reserve, capital investment in infrastructure and revenue collection are all positive.

Aug 22, 2015, 14:57 PM IST

RBI eases norms for Indian companies investing abroad

Earlier, the fund raising for the purpose of overseas investment by Indian companies were subject to various limitations.

Dec 29, 2014, 20:51 PM IST

India's forex reserves rise to $312.5 bn

In the previous week, total reserves dropped by USD 273.8 million to USD 312.382 billion.

Jun 13, 2014, 18:10 PM IST

India's forex reserves fall $273.8 mn to $312 bn

The gold reserves remained unchanged at USD 20.965 billion in the reporting week.

Jun 06, 2014, 18:46 PM IST