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
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
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.
RBI quashes reports of it selling gold reserves; central bank says it has not sold any gold or traded in it
The media reports cited RBI's Weekly Statistical Supplement (WSS) data according to which it bought gold worth $5.1 billion and sold about $1.15 billion of its gold reserves
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
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 once again crossed $400 bn mark in previous week, after they rose $1.208 bn to $400.741 bn
The reserves had touched a record high of $371.279 billion after it increased by $3.513 billion in the previous week
Gold reserves remain unchanged at $21.58 billion
In the previous week, the reserves had increased by $3.27 billion to hit an all-time high of $363.46 billion
The reserves previously had touched a high of $355.46 billion in the week ended 19 June last year
FCAs, a major component of overall reserves, increased by $1.584 billion to $326.631 billion in the reporting period
slight fall in the Forex reserves can be attributed to the dollar selling by Reserve Bank of India (RBI) to stabilise the rupee value
Forex reserves stood at $351.73 billion for the week ended November 6
The fall in global gold prices is an opportunity for the RBI to buy gold for its reserves. The same logic that applied in 2009, when it bought gold from the IMF, applies now.