Page 7 - Forex Reserves

India's forex reserves may have exceeded $600 billion: RBI governor

This comes on the back of robust capital flows

Forex reserves near record high, jump $563 million to $590.028 billion

The country's foreign exchange reserves rose by $563 million to reach $590.028 billion in the week ended May 14, RBI data showed on Friday

Using reserves: When, if not now?

India continues to be in urgent need of various supplies to deal with Covid-19

RBI in Impossible Trinity but ready with reserves, say economists

The RBI cannot have an independent monetary policy (setting domestic interest rates) in an environment of an open capital account and flexible exchange rates, they say

US dollar share of global foreign exchange reserves drops to 25-year low

This is according to a recent survey by the International Monetary Fund (IMF).

Forex reserves surge by $3.91 billion to $588.02 billion: RBI data

The country's foreign exchange reserves swelled by $3.913 billion to reach $588.02 billion in the week ended April 30, 2021, RBI data showed on Friday

India's forex reserves decline by $2.98 billion to $579.28 billion

The country's foreign exchange reserves declined by USD 2.986 billion to reach USD 579.285 billion in the week ended March 26, RBI data showed on Friday. In the previous week ended March 19, the forex kitty had increased by USD 233 million to USD 582.271 billion. It had touched a record high of USD 590.185 billion in the week ended January 29, 2021. In the reporting week ended March 26, 2021, the fall in reserves was on account of a decrease in foreign currency assets (FCA), a major component of the overall reserves. FCA declined by USD 3.226 billion to USD 537.953 billion, as per weekly data by the Reserve Bank of India (RBI). 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. The gold reserves increased by USD 276 million to USD 34.907 billion in the reporting week, the RBI data showed. The special drawing rights (SDRs) with the Internationa

RBI remains net purchaser of US dollar in January, buys $2.85 bn

The Reserve Bank of India (RBI) continued to remain net buyer of the US dollar in January

India's forex reserves fall by $4.255 bn to $580.299 bn: RBI data

The country's foreign exchange reserves declined by USD 4.255 billion to USD 580.299 billion in the week ended March 5, according to RBI data

Forex reserves increase by $169 mn to $583.865 bn, RBI data shows

The country's foreign exchange reserves increased by USD 169 million to USD 583.865 billion in the week ended February 19, RBI data showed

Foreign exchange reserves decline by $6.24 billion to $583.94 billion

The country's foreign exchange reserves declined by a massive $6.24 billion in the week ended February 5

With $590 bn forex reserves in kitty, India now 'net creditor': MoS Thakur

India now has forex reserves of over $590 billion, the highest ever, up by $119 billion over the previous year

Forex reserves jump $4.85 bn to touch lifetime high of $590.18 bn

In the previous week ended January 22, the reserves rose by $1.09 billion to $585.33 billion

Top headlines: Sensex scales 50k for first time, RBI sees growth recovering

Business Standard brings you top news of the evening

Turnaround hopes for rupee fade over RBI's stance on forex reserves

The rupee is under pressure to rise on heavy foreign inflows

Foreign exchange reserves decline by $290 million to $580.84 billion

The country's foreign exchange reserves declined by $290 million to $580.841 billion in the week ended December 25, RBI data showed

Forex reserves rise by $2.56 billion to record $581.131 billion

The country's foreign exchange reserves surged by $2.563 billion to touch a record high of $581.131 billion in the week to December 18

Reserve Bank of India unlikely to let rupee appreciate much: Experts

Excess liquidity and cheap rates could be causing some systemic problem for the future, experts have started to warn

India's forex reserves surge by $4.5 billion to record $579.3 billion

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

Forex reserves surge $7.78 bn to lifetime high of $568.494 bn: RBI data

The country's reserve position with the IMF also increased by $40 million to $4.676 billion