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
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.
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!
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
The country's foreign exchange reserves increased by $932.8 million to $393.718 billion in the week to 30 November, mainly due to a rise in foreign currency assets, according to RBI data.
Rupee may touch 76 levels against dollar in next 3 months with global crude prices remaining elevated: UBS
Rupee has already crossed the 74 mark owing to the continued strengthening of the dollar, lack of foreign flows and higher crude oil prices.
Indo-Japan currency swap accord: Prime Minister Narendra Modi’s move will boost forex reserves, support rupee
The swap facility with Japan is definitely a big positive for the forex market and a positive step in firming up the rupee and should be read well by the participants
Narendra Modi came to power as a middle class icon but almost at the end of his current term serving the bottom of the pyramid defines his core politics
This is the second consecutive week of major fall in the reserves which indicates that the RBI has been selling the greenback to fight the fall in rupee, which had crossed the 73-mark earlier this week. The local unit closed at 71.84 on Friday.
Here are seven charts that show us how Indian currency's unabated fall having an impact on various macroeconomic indicators.
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.