Forex Reserves
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All Stories for Forex Reserves
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
Trendingdesk •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
Sanju Verma •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