Large inflows can increase policy challenges
In the reporting week, the reserves rose despite a decline in foreign currency assets (FCA), which is a major component of the overall reserves.
During the week, gold reserves increased by $260 million to $27.392 billion
Since the beginning of the current financial year, the forex kitty has gained by $38.8 billion as of December 3, the largest in recent year, the governor added
In the previous week, the reserves had increased by $1.832 billion to $442.583 billion
The overall kitty had expanded by $1.04 billion to $440.751 billion in the previous reporting week
The overall reserves had declined by $649 million to $428.960 billion in the previous reporting week
The flurry of state-run bank mergers will see an era come to an end
Reserves have rebounded from an October 2018 low thanks to capital controls and rising foreign investments in Chinese stocks and bonds
In the previous week, the reserves had marginally slipped by $ 70.8 million to $ 430.501 billion but still remained above the $ 430 billion-mark
The country's gold reserves surged by $1.591 billion to $26.754 billion
Gold reserves remained stable at $ 22.958 billion, according to the RBI data
Forex reserves had touched a record high of $426.028 billion in the week to April 13, 2018
The forex kitty had touched a life-time high of $426.028 billion in the week to April 13, 2018
In the previous week, the reserves had surged by $ 5.237 billion to $ 411.905 billion, helped by the maiden dollar-rupee swap conducted by the RBI
Forex reserves had increased by USD 3.6 billion to USD 405.6 billion in the previous reporting week driven by an increase in foreign currency assets
In the previous week, the reserves had risen by $944.7 million to $399.217 billion
In the previous reporting week, the overall reserves had surged by $2.11 billion to $398.122 billion
In the previous week, the reserves had surged by $2.063 billion to $400.24 billion
In the reporting week, foreign currency assets, a major component of the overall reserves, rose by $ 1.280 billion to $ 373.430 billion