Page 8 - Forex Reserves

RBI looking to diversify investment options for forex reserves: Report

The RBI is likely to increase its gold investments, as well buying dollars and exploring investing in AAA-rated corporate bonds for the first time

Forex reserves surge $5.4 billion to all-time high of $560.5 billion

The country's foreign exchange reserves swelled by $5.412 billion to touch an all-time high of $560.532 billion in the week ended October 23, RBI data showed on Friday

Forex reserves rise by $3.61 bn to touch life time high of $555.12 bn

In the previous week ended October 9, 2020, the reserves had increased by USD 5.867 billion to reach USD 551.505 billion

Forex reserves rise by $5.867 billion to lifetime high of $551.5 billion

The country's foreign exchange reserves surged by $5.867 billion to touch a record high of $551.5 billion in the week to October 9, according to the RBI data

RBI to move next-gen treasury application for managing forex, gold reserves

The NGTA, for which the RBI has invited bids from eligible vendors, would be supporting various transactions in asset classes like Fixed Income (FI), Forex (FX), Money Market (MM) and Gold

After record high, forex reserves decline $3 bn to $542 bn: RBI data

During the reporting week, the decline in the forex kitty was mainly due to a fall in foreign currency assets (FCAs), a major component of the overall reserves

Forex reserves down by $353 million to $541.66 billion: RBI data

After touching a life-time high in the previous week, the country's foreign exchange reserves declined by $353 million to $541.660 billion in the week ended September 11, according to RBI data

Forex reserves climb $582 million to record $542 billion: RBI data

The country's foreign exchange reserves rose by $582 million to reach a lifetime high of $542 billion in the week ended September 4, RBI data showed on Friday

Forex reserves climb to record $541.431 bn, gold reserves down by $64 mn

In the reporting week, the forex kitty rose mainly on the back of a jump in foreign currency assets (FCAs), a major component of the overall reserves

Managing markets

Bond and currency markets would increase policy difficulties

Forex reserves surge to $537.548 bn, gold reserves down at $37.26 bn

The country's reserve position with the IMF also increased by $6 million to $4.634 billion during the reporting week

After rising for weeks, forex reserves down by $2.94 bn to $535.25 bn

After rising for the past few weeks, the country's foreign exchange reserves declined by $2.939 billion to $535.252 billion for the week ended August 14, RBI data showed

Forex reserves climb to record $538.191 bn, gold reserves up at $39.785 bn

In the previous week ended July 31, the reserves had increased by $11.938 billion to reach $534.568 billion

RBI signs documents to extend $400 mn currency swap facility to Sri Lanka

The currency swap arrangement will remain available till November 2022, the Indian mission said in a press release

India's forex reserves climb $ 3.1 bn to record high of $516.362 bn

Gold reserves were up by $712 million to $34.729 billion, as per the central bank data

India's forex reserves decline by over $2 bn; SDR value dips by $6 mn

India's foreign exchange reserves fell by $2.078 billion during the week ended June 19

Financing revival through household gold

The expansion of base money through household gold will have a negative wealth effect on households, besides attracting a hidden tax or seigniorage

Bank of America expects RBI to build $550-billion forex reserves

According to BofA, the 'conservative' level of forex reserves for the RBI works out to be $550 billion.

Forex reserves touch lifetime high on rise in foreign currency assets

In the previous week, the foreign exchange reserves had increased by $ 1.701 billion to $ 473 billion

India's forex reserves rise $4.6 bn to $471.3 bn, gold up at $29 bn

In the sixth bi-monthly monetary policy of 2019-20 announced on Thursday, RBI had said foreign exchange reserves touched a lifetime high of USD 471.4 billion on February 4, 2020.