Forex Reserves
Forex Reserves News
Head-on | India rises in Geopolitical Power Index
Many foreign rankings and indices are arbitrary. They often lack robust methodology. Several are susceptible to bias. It is imperative therefore to construct a credible India-authored ranking template
Pakistan imports threatened as forex reserves hit eight-year low
Pakistan has just $11.4 billion in reserves – enough to pay for just three weeks of imports, traders and economists say
Forex reserves dip by $5.219 to $545.652 billion as of 16 September
The fall in the reserves for the week ended 16 September was on the account of a dip in the Foreign Currency Assets, a major component of the overall reserves, according to the Weekly Statistical Supplement released by the RBI on Friday
75 years of independence: How India became country with 4th largest forex reserves
According to data by the Press Information Bureau, India’s forex reserves grew over 60 times since the 1990s to reach $607 billion by November 2021
India's foreign exchange reserves rise by $2.73 billion after falling for three weeks in row
According to RBI's data, India's foreign currency assets, which are the biggest component of the forex reserves, rose $2.334 billion to $529.216 billion during the week, which ended on 24 June
India's forex reserves see eighth weekly fall, slide below $600 billion
The last time India's forex reserves were below the $600-billion-mark was during the week ended 28 May, 2021
Inflationary surge is a global phenomenon today, but Modi’s India has done much better than others
The BJP government has repaired and reinvigorated the Indian economy, with Prime Minister Narendra Modi taking the lead in combining the best of both — welfarism and unrelenting reforms
Rupee recovers 12 paise to end at 74.96 against US dollar
At the interbank forex market, the local unit opened at 75.05 against the greenback and witnessed an intra-day high of 74.95 and a low of 75.17 during the day trade
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
Economy not in trouble; green shoots visible with country moving towards $5 trillion economy: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the economy is not in trouble and green shoot are visible with the country moving towards a $5 trillion economy
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
Rupee logs 4th straight gains, spurts 27 paise to 70.94 against dollar on softening crude oil prices
In the last four trading sessions, the rupee has gained 99 paise against the US dollar.
Forex reserves swell by $2.520 bn to touch record high $457.46 bn in December after gain in foreign currency assets: RBI
In the previous week, the forex reserves rose to $454.948 billion after increasing by $456 million
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.
CAD inches up to 2.1% at $57.2 bn in FY19, but more than halves in Q4; net services receipts increase 5.8% to $21.3 bn
Overall trade performance was the prime influencer for both the contraction in CAD for the March quarter as well as a widening for the full year.
Forex reserve hits record high of $426.42 bn, surges by $4.2 bn in week to 21 June: RBI data
India's foreign exchange reserve touched a life-time high of $426.42 billion after it surged by $4.215 billion in the week to 21 June, RBI data showed
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.
RBI gets higher demand for second 3-year dollar-rupee swap auction at $18.65 bn against $16.31 bn in maiden auction
RBI introduced the tool, wherein it buys dollars from banks for three years and offer them rupees in return, last month to bridge the liquidity gap
Modinomics underpins need for leader who can deliver political stability, economic development, argues BJP economist
The sheer pace of Modinomics, versus the laxity of Manmohanomics, is evident from the fact that of the 23 IITs in India, in 71 years of independent India, 30 percent were set up in just two years by the Modi dispensation!