Page 4 - Foreign Exchange Reserves

India's forex reserves slip $5 bn in a week amid RBI interventions

Most emerging market currencies have faced pressure since the start of the war in Ukraine in late February as investors have rushed to safe-haven assets

What are forex reserves and why are they important?

RBI's recent measures to shore up rupee were a 'knee-jerk' reaction, said analysts. They said the country is sitting on a high forex reserve. But ever wondered what a forex reserve is? Let's find out

RBI measures a step in right direction but forex inflows still seen limited

RBI announced five measures pertaining to the liberalisation of foreign exchange flows into India

Centre committed to meeting FY23 fiscal deficit target: Official

Says macroeconomic fundamentals and forex reserves are robust enough to deal with current geo-political challenges

India's forex reserves drop $5.9 bn in a week as RBI sells dollars

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

India's foreign exchange reserves decline $4.6 billion to $596 billion

RBI has been selling dollars to curb any rapid depreciation of the rupee

China agrees to refinance Pakistan with $2.3-bn funding: FM Ismail

"Inflow is expected shortly after some routine approvals from both sides. This will help shore up our foreign exchange reserves," he added.

India's foreign exchange reserve declines by $2.67 billion to $593 billiion

In the previous reporting week, forex reserves stood at $595.95 billion.

Forex reserves down by $2.67 bn, stands at $593.2 bn till May 13: RBI data

The country's foreign exchange reserves declined by $2.676 billion to stand at $593.279 billion in the week ended May 13, RBI data showed on Friday.

Nepal tightens imports amidst narrowing foreign exchange reserves

Nepal's finance minister said that a proposal had been forwarded to temporarily ban the import of expensive and luxurious vehicles

Pakistan govt 'plans to' borrow people's gold for foreign exchange crisis

According to the proposal, the commercial banks will issue a negotiable discounted instrument to the gold owner and pay an interest rate on the precious metal

Is the Economic Survey overestimating reserves adequacy?

There is some concern in the finance ministry about the adequacy of foreign exchange reserves in case there is an unanticipated and large withdrawal of dollars.

India's high foreign exchange reserves not enough to shield rupee

A sharp rise in oil import bill has led to a big decline in forex reserves to imports in FY22

India's foreign exchange reserves dip down by $77 mn in December

India's foreign exchange reserves inched lower by $77 million during the week ended December 10.

What $650 billion can buy

India's stock of external commercial borrowing, for instance, is in excess of $200 billion

Forex reserves decline by $908 million to $640.1 billion, shows data

FCA declined by USD 853 million to USD 577.098 billion in the reporting week, the data showed

India's import cover fell to 15.8 months in June 2021, says RBI

At the end of September 2021, India's foreign exchange reserves stood at 635.36 billion

India's foreign exchange reserves up by $1.492 billion to $641 billion

FCAs rose by $950 million to $577.951 billion, as per weekly data by the Reserve Bank of India

Sri Lanka seeks $500 million loan from India for fuel purchase

The move came few days after energy minister Udaya Gammanpila warned that the current availability of fuel in the country can be guaranteed only till next January.

Strong forex reserves to help India manage global shocks: D Subbarao

Strong foreign exchange reserves in India will not insulate it from any global shocks but will help manage them, former Reserve Bank of India Governor D Subbarao said on Wednesday