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News
Forex Reserve
Forex Reserve News
Forex Reserve
10 May 2024
India’s Forex Reserves Surge By $3.7 Bn To Touch $641.6 Bn Mark
RBI Governor Shaktikanta Das on Friday referred to the record foreign exchange reserves as a reflection of the strength of the Indian economy.
India forex reserve
02 Feb 2024
Forex Reserves Increase USD 591 Mn To USD 616.7 Bn
Gold reserves increased USD 269 million to USD 47.481 billion during the week, the RBI said.
Forex Reserve
16 Jun 2023
India's Forex Reserves Declined USD 1.32 Bn Last Week To USD 593.75 Bn
The forex reserves had fallen largely because of the RBI's intervention in the market to defend the depreciating rupee against a surging US dollar.
Forex Reserve
17 Dec 2022
India's forex reserves up for 5th consecutive week
On December 9, India's Forex Reserve increases by USD 2.91 billion. Current India's Forex Reserve is USD 564.07 billion. Gold reserves during the latest week declined by USD 296 million to USD 40.729 billion.
Forex Reserve
05 Nov 2022
Explained: What is forex reserve and why is it so important for countries?
Forex reserve helps countries overcome economic instability It helps maintain stability of domestic currency It calms investors in times of wars or unrest
Mallikarjun Kharge
27 Oct 2022
'Would PM Modi say anything on this?': Kharge on falling rupee
Mallikarjun Kharge claimed that there was a decline of USD 85 billion in the forex reserves in the first half of the fiscal and alleged that India's forex store dipped faster than its peers
Forex Reserve
08 Oct 2022
India's Forex Reserve falls to the lowest level in the last two year
India's Forex reserves falls to $532 billion on September 30. RBI uses its as a buffer to defend rupee against global market volatility. This is the lowest level of India`s forex reserves since July 24, 2020.
Forex Reserve
07 Jan 2022
India's forex reserves decline by over $1.4 billion
Forex reserves comprise of foreign currency assets, gold reserves, SDRs, and the country`s reserve position with the IMF. On a weekly basis, FCAs edged lower by $1.480 billion to $569.889 billion. The value of the country's gold reserves inched up by $14 million to $39.405 billion.
RBI
13 Jun 2020
India's forex reserves jump $8.22 bn, crosses $500 bn mark for first time
India's foreign reserves crossed the $500 billion mark on Friday for the first time after registering a massive surge of $8.22 billion in the week ended June 5 aided by higher foreign inflows.
RBI
08 Jun 2018
India's Forex reserve down by USD 593 million, says RBI
The overall forex reserves declined to USD 412.23 billion from USD 412.82 billion reported for the week ended May 25, according to RBI.
Rupee Vs dollar
08 Sep 2017
Forex kitty swells by $3.57 billion, closes in on $400 bn-mark
In the previous week, the reserves had increased by USD 1.148 billion to USD 394.55 billion.
Rupee Vs dollar
01 Sep 2017
Forex kitty rises to record $394.55 billion
Gold reserves remained unchanged at USD 19.943 billion.
FCNR payments
22 Oct 2016
FCNR payments, strong US dollar deplete India's forex reserves
A strengthened US dollar and FCNR B (Foreign Currency Non Resident Bank) payments, drained $1.50 billion from India`s foreign exchange (Forex) kitty, experts said on Saturday.
India economy
22 Aug 2015
Ability to withstand challenging global trends strong: Jaitley
He emphasised that macroeconomic indicators like inflation, forex reserve, capital investment in infrastructure and revenue collection are all positive.
Indian companies
29 Dec 2014
RBI eases norms for Indian companies investing abroad
Earlier, the fund raising for the purpose of overseas investment by Indian companies were subject to various limitations.
India
13 Jun 2014
India's forex reserves rise to $312.5 bn
In the previous week, total reserves dropped by USD 273.8 million to USD 312.382 billion.
Forex
06 Jun 2014
India's forex reserves fall $273.8 mn to $312 bn
The gold reserves remained unchanged at USD 20.965 billion in the reporting week.
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