Foreign Reserves

In the week gone by, the rupee depreciated 0.4 per cent against the US dollar, settling at 82.83 per US dollar on February 17

Reserves rise for 4th straight week on revaluation, likely RBI dollar purchases

RBI said to have been actively buying dollars for the past couple of weeks, say currency traders

The International Monetary Fund should issue $650 billion in new emergency reserves to help its member countries grapple with overlapping crises, 140 civil society groups said in a letter

Reserves have declined by about $1 trillion, or 7.8%, this year to $12 trillion, the biggest drop since Bloomberg started to compile the data in 2003

India's merchandise exports could face major headwinds next year with the WTO slashing its forecast for global trade volume growth to 1 per cent from 3.4 per cent

Das reiterated on Friday the RBI does not target any particular level for the domestic exchange rate and only intervenes in the market to smoothen out excessive volatility

India has extended the duration of the $400 million currency swap facility extended to Sri Lanka, which is in dire straits. But what exactly is currency swap? This report offers an insight

Supply-chain disruption, inflation and market uncertainty had forced investors to rush for 'safe haven' currency, the US dollar. It is the world's reserve currency. What exactly is reserve currency?

In two weeks, the country's foreign exchange reserves have dropped over $10 billion as the central bank stepped up intervention in the foreign exchange market

Russia's war is now taking a turn for the worse. A host of sanctions has pushed it to the cusp of Russia's first default on foreign debt since the Bolshevik Revolution over a century ago. Find out mor

Meanwhile China, whose large loans and investments to the island nation led to allegations of debt diplomacy, has said it will provide "emergency humanitarian assistance" to Colombo

Sri Lanka may run out of diesel by the end of this month with the $500 million line of credit extended by India for fuel purchase exhausting fast amidst the unprecedented shortage of foreign reserves

India has announced a $900 million loan to Sri Lanka to build up its depleted foreign reserves and for food imports, amidst a shortage of almost all essential commodities in the island nation.

The Saudi money will help Pakistan shore up its foreign reserves, which have been shrinking.

The last time forex reserves declined was in the week to September 20, 2019, when it had fallen by USD 388 million to USD 428.58 billion

During the reporting week, gold reserves increased by USD 164 million to USD 27.132 billion

Another 5-8 per cent fall in reserves will not jeopardise the situation, DBS said in a report

The stock has increased on the back of strong foreign portfolio inflows

India's total foreign reserves slipped to $346 bn by late-Feb, down about $8.6 bn from its record peak in mid-2015