Page 4 - Foreign Exchange Reserves
India's foreign reserves jump to a five-month high of $607 billion
The total reserves rose due to the increase in foreign currency assets, which rose by $3 billion in the week
 "India's foreign reserves jump to a five-month high of $607 billion")
MPC review: RBI's foreign exchange risk move may not hit rupee for now
Rupee may not see any immediate impact: Market players
 "MPC review: RBI's foreign exchange risk move may not hit rupee for now")
RBI deploys 81.43% of foreign currency assets in overseas securities
The share of money kept in deposits with other central banks and the Bank for International Settlement (BIS) declined to 13.49 per cent at the end of September from 14.82 per cent at the end of March
 "RBI deploys 81.43% of foreign currency assets in overseas securities")
Large banks preparing for maturity of RBI's $5 billion forex swap
The $5 billion dollar/rupee swap that the Reserve Bank of India undertook in April 2022 will mature on Monday, meaning $5 billion can potentially be taken out of the banking system
 "Large banks preparing for maturity of RBI's $5 billion forex swap")
RBI's $5 billion USD/INR swap expiry fuels dollar shortage concern
The Reserve Bank of India (RBI) had conducted a $5 billion sell/buy dollar/rupee swap last year. Under this swap, the RBI sold $5 billion to banks on April 28, 2022
 "RBI's $5 billion USD/INR swap expiry fuels dollar shortage concern")
Reserve Bank of India net-purchased $3.5 bn foreign currency in July
The rupee depreciated by 0.3 per cent in July. In June, the RBI had recorded a net purchase of $4.5 billion in the spot market
 "Reserve Bank of India net-purchased $3.5 bn foreign currency in July")
India's foreign exchange reserves fall to near 2-month low of $595 billion
The local currency depreciated by 0.31 per cent in the last week, hitting an all-time low closing level of 83.15 against the dollar on August 17
 "India's foreign exchange reserves fall to near 2-month low of $595 billion")
India's forex kitty swells to $609 billion, rises to nearly 16-month high
The total reserves rose by $36 billion on a year-on-year (YOY) basis. In the first six months of 2023, foreign exchange reserves have increased by around $33 billion
 "India's forex kitty swells to $609 billion, rises to nearly 16-month high")
Won't implement Glyphosate curb till further order: Govt to Delhi HC
Glyphosate usage saw a manifold rise, once Ht BT cotton started getting illegally cultivated in India
 "Won't implement Glyphosate curb till further order: Govt to Delhi HC")
RBI buys $7.37 billion in spot foreign exchange market in May: Bulletin
The Indian rupee depreciated by over 1% against the dollar in May
 "RBI buys $7.37 billion in spot foreign exchange market in May: Bulletin")
Foreign exchange reserves rise $1.2 billion to $596 billion: RBI data
The overall reserve had increased by $1.8 billion to $595 billion in the previous reporting week
India's forex reserves rise by $1.85 billion to $595.05 billion: RBI
India's foreign exchange reserves rose by USD 1.853 billion to USD 595.051 billion in the week ended on June 30, the Reserve Bank of India said on Friday. The overall reserve had dropped by USD 2.901 billion to USD 593.198 billion in the previous reporting week. In October 2021, the country's forex reserve had reached an all-time high of USD 645 billion. The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments. For the week ended on June 30, the foreign currency assets, a major component of the reserves, increased by USD 2.539 billion to USD 527.979 billion, according to the Weekly Statistical Supplement released by the RBI on Friday. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. Gold reserves dropped by USD 472 million to USD 43.832 billion, the RBI ...
 "India's forex reserves rise by $1.85 billion to $595.05 billion: RBI")
India's forex reserves edge towards $600 billion, hit near 1-year high
That is an increase of $3.55 billion from the previous week
India's foreign exchange reserves decline by $2.1 billion to $584.2 billion
Gold reserves dropped by Rs 24 million to Rs 46.151 billion, the RBI said
At $584.25 billion, forex reserves ease from over nine-month highs
Reserves had gone up by a total of nearly $8 billion in the prior two weeks
 "At $584.25 billion, forex reserves ease from over nine-month highs")
RBI's wider NDF access may require foreign exposure proof, say bankers
An IFSC Banking Unit or "IBU" is a bank permitted by the Reserve Bank of India to operate from an International Financial Services Centre (IFSC)
 "RBI's wider NDF access may require foreign exposure proof, say bankers")
India's forex reserves up $1.65 bn to $586.4 bn, shows RBI data
But the country's foreign exchange reserves were lower by $ 17.28 billion compared to a level a year ago
 "India's forex reserves up $1.65 bn to $586.4 bn, shows RBI data")
India's forex reserves up $6.3 bn to $585 bn, highest in nine months
The surge was mainly on account of a $4.74 billion accretion to currency reserves that took them to $514.4 billion, shows RBI data
 "India's forex reserves up $6.3 bn to $585 bn, highest in nine months")
Foreign exchange reserves at $578.45 bn, snaps 2-week rise, shows RBI data
A comfortable level of foreign exchange reserves will further bolster macroeconomic stability, RBI Governor Shaktikanta Das said while announcing the bank's monetary policy decision on Thursday.
 "Foreign exchange reserves at $578.45 bn, snaps 2-week rise, shows RBI data")
At $578.78 bn, India's forex reserves rise to over eight-month high
That is an increase of $5.98 billion from the previous week