Page 19 - Forex Reserves

Forex reserves hit record high

The country's forex reserves increased by USD 989.5 million to an all-time high of USD 367.76 billion on the back of a healthy increase in core currency assets, the Reserve Bank said today. The total reserves had declined marginally by USD 392.6 million to USD 366.77 billion in the previous reporting week. The reserves had touched an all-time high of USD 367.16 billion previously. Foreign currency assets (FCAs), a major component of the overall reserves, swelled by USD 952.2 million to USD 342.23 billion for the week ended September 2, RBI said today. FCAs, expressed in dollar terms, include the effect of appreciation/depreciation of non-US currencies such as euro, pound and yen held in the reserves. Gold reserves rose USD 58.1 million to USD 21.64 billion at the end of the reporting week, it said. The country's special drawing rights with IMF fell USD 8 million to USD 1.48 billion while the reserve position in IMF was down by USD 12.8 million to USD 2.39 billion, RBI said.

Forex reserves dip $392.6 million

Last week, reserves had increased by a healthy $1.346 billion to touch a record high of $367.169 billion

Forex reserves at record $365.5 billion

The increase was led almost entirely by foreign currency assets as the central bank intervened in the market to accumulate dollars

Forex reserves up $1.40 bn to $363.35 bn

Gold reserves remained unchanged at $20.576 billion

Forex reserves down by $1.228 bn to $361.943 bn

Last week, the reserves had surged by $2.374 billion to $363.171 billion

Forex reserves touch life-time high of $363.8 bn

In the previous week, the reserves had declined $231 million to $363.2 billion

Forex reserves down by $231 mn to $363.23 bn

FCAs decreased by $243 million to $338.979 billion in the reporting week, RBI data showed

Forex reserves at all-time high

The reserves had earlier touched a record high of $363.12 billion in the week to April 29

India's forex reserves down marginally

The reserves stood at $361.02 billion as on May 13, against $361.99 billion as on May 6

Forex reserves at record high of $360.25 billion

Foreign currency assets rose by $341.4 million to $336.187 billion in the week under review, an RBI release said

Forex reserves surge to record high of $360 bn

India's foreign exchange reserves surged by a whopping USD 4.2 billion to touch a record high of USD 359.759 billion in the week ended April 1, mainly on account of rise in foreign currency assets, the Reserve Bank said today. Reserves had marginally declined by USD 387.5 million to USD 355.559 billion in the week. In the week ended March 18, the reserves had increased by USD 2.539 billion to touch a life-time high of USD 355.947 billion. Foreign currency assets (FCAs), a major component of overall reserves, increased by USD 3.539 billion to USD 335.686 billion in the week under review, RBI said in a release. FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies, such as the euro, pound and the yen, held in the reserves. Gold reserves increased by USD 789.6 million to USD 20.115 billion. India's special drawing rights with the International Monetary Fund (IMF) increased by USD 13.9 million to USD 1.501 billion, while the ...