Foreign Currency-assets

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Foreign Currency-assets - Total results - 18
Forex reserves surge by $5.69 billion to reach record $487.23 bn in week ended 6 March
Business

Forex reserves surge by $5.69 billion to reach record $487.23 bn in week ended 6 March

The country's foreign exchange surged by $5.69 billion to reach an all-time high of $487.23 billion in the week to 6 March following an increase in foreign currency assets, according to the RBI data

India's forex reserves soar to record $473 billion in week ended to 7 February, reveals RBI data
Business

India's forex reserves soar to record $473 billion in week ended to 7 February, reveals RBI data

The country's foreign exchange reserves rose by $1.701 billion to a lifetime high of $473 billion in the week to February 7 on account of increase in foreign currency assets, according to RBI data

India's forex reserves touch record $461.16 bn, surge $3.7 bn in week ended 3 January: RBI data
Business

India's forex reserves touch record $461.16 bn, surge $3.7 bn in week ended 3 January: RBI data

The country's foreign exchange reserves touched a record high of $461.157 billion, after it surged by $3.689 billion in the week to 3 January, according to the RBI data

Forex reserves soar $2.3 bn to touch all-time high of $453 bn driven by increase in foreign currency assets
Business

Forex reserves soar $2.3 bn to touch all-time high of $453 bn driven by increase in foreign currency assets

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and the yen held in forex reserves.

Union Budget 2019: Foreign exchange reserves help govt influence monetary policy, act as first line of defence against economic slump
Business

Union Budget 2019: Foreign exchange reserves help govt influence monetary policy, act as first line of defence against economic slump

The foreign exchange reserves not only include banknotes but also deposits, bonds, treasury bills and other government securities.

Forex reserves down by $2.11 bn to $398.12 bn in the week ended 8 February: RBI data
Business

Forex reserves down by $2.11 bn to $398.12 bn in the week ended 8 February: RBI data

The country's foreign exchange reserves declined by $2.119 billion to $398.122 billion in the week to 8 February, due to fall in foreign currency assets, according to the RBI data

Reserve Bank of India net-seller of dollars in November, unwinding $644 mn on net basis
Business

Reserve Bank of India net-seller of dollars in November, unwinding $644 mn on net basis

The rupee had a better run in the past fiscal, while it was one of the worst among its emerging market peers this fiscal year, which explains the reasons for Reserve Bank of India's intervention in the forex market

Forex exchange reserves down by $1.444 billion to $392.078 billion; gold reserves remain unchanged
Business

Forex exchange reserves down by $1.444 billion to $392.078 billion; gold reserves remain unchanged

Expressed in US dollars, foreign currency assets include the effect of appreciation or depreciation of non-US currencies such as the euro, the pound and the yen held in the reserves.

Forex reserves drop $1.19 bn to $400.10 bn in a week owing to decline in foreign currency assets, gold cache
Business

Forex reserves drop $1.19 bn to $400.10 bn in a week owing to decline in foreign currency assets, gold cache

The decline in the country's forex reserves in the past few weeks is on account of the Reserve Bank of India selling US dollars to contain depreciation in the rupee, which touched a lifetime low of 72.11 against the greenback in intra-day trade on Thursday.

Foreign exchange reserves jump by $1.2 bn to $401.94 bn on increase in foreign currency assets
Business

Foreign exchange reserves jump by $1.2 bn to $401.94 bn on increase in foreign currency assets

Foreign exchange reserves once again crossed $400 bn mark in previous week, after they rose $1.208 bn to $400.741 bn

Forex reserves dips by $1.68 bn to $369.6 bn in week to Sep 16
Business

Forex reserves dips by $1.68 bn to $369.6 bn in week to Sep 16

The reserves had touched a record high of $371.279 billion after it increased by $3.513 billion in the previous week

Forex reserves at record high, sniff at USD 360 bn
Business

Forex reserves at record high, sniff at USD 360 bn

The foreign exchange reserves touched a new life-time high of USD 359.917 billion after they surged by USD 157.4 million in the week ended April 8, helped by rise in foreign currency assets, the Reserve Bank said today. In the previous week, reserves had increased by a whopping USD 4.2 billion to touch USD 359.759 billion.

Forex reserves hit all-time high of $355.947 bn in week ended 18 March
Business

Forex reserves hit all-time high of $355.947 bn in week ended 18 March

The reserves previously had touched a high of $355.46 billion in the week ended 19 June last year

Forex reserves rises by $1.589 bn to $349.152 bn last week
Business

Forex reserves rises by $1.589 bn to $349.152 bn last week

FCAs, a major component of overall reserves, increased by $1.584 billion to $326.631 billion in the reporting period

US rate hike: RBI prepared to deal with volatility in markets
Economy

US rate hike: RBI prepared to deal with volatility in markets

The Federal Open Market Committee, the Fed's policy arm, is expected to take a call on interest rate or could give signal on the interest rate in its post-meeting statement later tonight.

Foreign exchange reserves touch all-time high of $327.88 billion
Business

Foreign exchange reserves touch all-time high of $327.88 billion

foreign exchange reserves surged by $5.84 billion to touch a fresh life-time high of $327.88 billion in the week to January 30, the Reserve Bank today.

India's forex reserves surge $179 mn to $293 bn
Economy

India's forex reserves surge $179 mn to $293 bn

Foreign currency assets (FCAs), which form a major part of the overall reserves, swelled by $190.3 million to $267.14 billion for the week under review, RBI said.