Page 17 - Forex Reserves

Forex reserves climb to record $541.431 bn, gold reserves down by $64 mn

In the reporting week, the forex kitty rose mainly on the back of a jump in foreign currency assets (FCAs), a major component of the overall reserves

Managing markets

Bond and currency markets would increase policy difficulties

Forex reserves surge to $537.548 bn, gold reserves down at $37.26 bn

The country's reserve position with the IMF also increased by $6 million to $4.634 billion during the reporting week

After rising for weeks, forex reserves down by $2.94 bn to $535.25 bn

After rising for the past few weeks, the country's foreign exchange reserves declined by $2.939 billion to $535.252 billion for the week ended August 14, RBI data showed

Forex reserves climb to record $538.191 bn, gold reserves up at $39.785 bn

In the previous week ended July 31, the reserves had increased by $11.938 billion to reach $534.568 billion

RBI signs documents to extend $400 mn currency swap facility to Sri Lanka

The currency swap arrangement will remain available till November 2022, the Indian mission said in a press release

India's forex reserves climb $ 3.1 bn to record high of $516.362 bn

Gold reserves were up by $712 million to $34.729 billion, as per the central bank data

India's forex reserves decline by over $2 bn; SDR value dips by $6 mn

India's foreign exchange reserves fell by $2.078 billion during the week ended June 19

Financing revival through household gold

The expansion of base money through household gold will have a negative wealth effect on households, besides attracting a hidden tax or seigniorage

Bank of America expects RBI to build $550-billion forex reserves

According to BofA, the 'conservative' level of forex reserves for the RBI works out to be $550 billion.

Forex reserves touch lifetime high on rise in foreign currency assets

In the previous week, the foreign exchange reserves had increased by $ 1.701 billion to $ 473 billion

India's forex reserves rise $4.6 bn to $471.3 bn, gold up at $29 bn

In the sixth bi-monthly monetary policy of 2019-20 announced on Thursday, RBI had said foreign exchange reserves touched a lifetime high of USD 471.4 billion on February 4, 2020.

Rising forex reserves

Large inflows can increase policy challenges

Forex reserves rise $58 million to record high of $461.21 billion: RBI

In the reporting week, the reserves rose despite a decline in foreign currency assets (FCA), which is a major component of the overall reserves.

Forex reserves at record high of $457 bn on gain in foreign currency assets

During the week, gold reserves increased by $260 million to $27.392 billion

Forex reserves hit a new high of $451 billion as of Dec 3: RBI governor

Since the beginning of the current financial year, the forex kitty has gained by $38.8 billion as of December 3, the largest in recent year, the governor added

Forex reserves up by $3.5 bn to a new lifetime high of $446 billion

In the previous week, the reserves had increased by $1.832 billion to $442.583 billion

India's forex reserves rise by $1.8 bn to a new lifetime high of $442.5 bn

The overall kitty had expanded by $1.04 billion to $440.751 billion in the previous reporting week

Forex reserves slid by $388 mn to $428.5 bn in the week ended Sept 20: RBI

The overall reserves had declined by $649 million to $428.960 billion in the previous reporting week

Bank mergers may bring down the curtains for old-world forex brokerages

The flurry of state-run bank mergers will see an era come to an end