Sat, Jun 15, 2024
In the calendar year 2023, the RBI added about USD 58 billion to its foreign exchange kitty.
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Sat, May 25, 2024
India's foreign exchange reserves, which reached an all-time high are sufficient to cover around 11 months of projected imports.
Fri, May 10, 2024
India's foreign exchange reserves had touched a lifetime high of $648.562 billion in April after which they had declined for three weeks in a row by $10.6 billion.
Fri, Apr 26, 2024
India's forex reserves can now cover around 11 months of imports.
Fri, Apr 12, 2024
Gold reserves also witnessed a substantial increase, rising by USD 2.398 billion to USD 54.558 billion during the same period, as reported by the RBI.
Fri, Apr 05, 2024
RBI Governor Shaktikanta Das on Friday referred to the record foreign exchange reserves as a reflection of the strength of the Indian economy.
Sat, Mar 16, 2024
During the latest week, India's foreign currency assets (FCA), the biggest component of the forex reserves, rose by USD 8.21 billion to USD 562.352 billion, the central bank's weekly statistical data showed.
Fri, Feb 02, 2024
In the previous reporting week, the overall reserves had dropped from USD 2.795 billion to USD 616.143 billion
Fri, Jun 23, 2023
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.
Fri, Apr 28, 2023
The reserves have been declining as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments.
Fri, Apr 21, 2023
For the week ended April 14, the foreign currency assets, a major component of the reserves, increased by USD 2.204 billion to USD 516.635 billion.
Thu, Mar 30, 2023
As pointed out by economists, adequate forex reserves not only help countries fight or overcome economic instability, they also help maintain the stability of the domestic currency.
Fri, Nov 04, 2022
India's forex reserves increased by USD 6.561 billion to reach USD 531.081 billion for the week ended October 28, the RBI said on Friday. The overall reserves, which have been on a declining spree, had dropped by USD 3.847 billion to USD 524.52 billion in the previous reporting week.
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