Page 3 - India Forex Reserve

Portfolio inflows to boost India's forex reserves further: Experts

Healthy portfolio as well as general FDI capital inflows are expected to further boost India's foreign exchange reserves in the coming weeks

India needs forex reserves buffer to beat exchange rate volatility: Rajan

'We need this (foreign exchange) reserve buffer to insulate ourselves because we have no friends,' says former RBI governor

Forex reserves jump $1.193 billion to $582.406 billion: RBI data

The country's foreign exchange reserves rose by USD 1.193 billion to reach USD 582.406 billion in the week ended April 16, RBI data showed on Friday.

India's foreign exchange reserves drop by $2.4 billion to $576.8 billion

The country's foreign exchange reserves declined by USD 2.415 billion to stand at USD 576.869 billion in the week ended April 2, RBI data showed on Friday. In the previous week ended March 26, the reserves had decreased by USD 2.986 billion to USD 579.285 billion. The forex kitty had touched a record high of USD 590.185 billion in the week ended January 29, 2021. In the reporting week ended April 2, 2021, the decline in the reserves was mainly on account of a fall in foreign currency assets (FCA), a major component of the overall reserves. FCA declined by USD 1.515 billion to USD 536.438 billion, weekly data by the Reserve Bank of India (RBI) showed. 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 dropped by USD 884 million to USD 34.023 billion in the reporting week, as per the central bank data. The special drawing right

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

India's foreign exchange reserves decline by $469 mn to $574.82 bn

India's foreign exchange reserves declined $469 million during the week ended November 27

Robust foreign inflows, fundraising by banks help rupee fight August curse

ICICI Bank Ltd., Axis Bank Ltd. and mortgage lender HDFC Ltd. have raised a combined Rs 350 billion ($4.7 billion) this month

Raiding RBI war chest, asking people to deposit gold needless distractions

Using the central bank's gold to raise resources is no substitute for bolstering the sovereign's credibility with investors

India's forex reserves near $500 bn, but RBI won't let rupee rise: Experts

Analysts say the central bank is enhancing reserves to guard against a likely downgrade in India's credit rating or to ensure a bigger transfer of surplus to the revenue-starved government

Foreign exchange reserves surge by $4.2 bn to $485.31 bn, says RBI

The gold reserves rose by $13 million to $32.291 billion in the reporting week

Forex reserves fall by $12 bn to $499 bn; rupee hits all-time low: RBI data

The reserves had touched a life-time high of $487.23 billion in the week to March 6, after it rose by $5.69 billion

Rupee dives below 73 mark, hits 16-month low on forex outflows, crude surge

Forex traders said the rupee which started the day on a positive note witnessed heavy volatility during the session as uncertainty over the economic impact of coronavirus spooked investors.

India's forex reserves touch life-time high of $462.16 billion: RBI

In the previous week, the reserves had increased by USD 58 million to USD 461.21 billion

24x7 Forex market ops: Some NDF volume to move onshore, say experts

The cause for concern for the RBI in this regard is that it has no control over the NDF market, whereas, the onshore market is under direct supervision of the regulator

India's forex reserves surge $3.68 bn to touch record high of $461.16 bn

In the previous week, the reserves had risen by $2.52 billion to $454.948 billion

After swelling, India's forex reserves climb $456 mn to record $455 bn

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

Forex reserves soar $2.3 bn to touch all-time high of $453 bn: RBI data

During the reporting week, gold reserves increased by $ 430 million to $ 27.078 billion

India's forex reserves rise by $1.8 bn to a new lifetime high of $442.5 bn

The overall kitty had expanded by $1.04 billion to $440.751 billion in the previous reporting week

India's foreign exchange reserves at new life-time high of $430.57 bn

The country's gold reserves surged by $1.591 billion to $26.754 billion

Forex reserves hit lifetime high of $426 bn, thanks to currency swaps

The present level is highest since April 13, 2018, when the reserves were at $426.08 billion