Page 19 - Forex Reserves

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 ...