India Forex Reserve

India's forex reserves fall by $4.47 billion as gold reserves decrease

RBI data shows declines in gold and foreign currency assets, pulling reserves down to $688 billion

India's forex reserves fall $4.47 bn to $688.1 bn on gold valuation drop

India's forex reserves declined USD 4.472 billion to USD 688.104 billion during the week ended November 21 due to a steep decrease in the value of gold reserves, the RBI said on Friday. The overall reserves had increased by USD 5.543 billion to USD 692.576 billion in the previous reporting week. For the week ended November 21, foreign currency assets, a major component of the reserves, decreased by USD 1.69 billion to USD 560.6 billion, the data released showed. Expressed in dollar terms, the foreign currency assets include the effects of appreciation or depreciation of non-US units, such as the euro, pound, and yen, held in the foreign exchange reserves. Value of the gold reserves decreased by USD 2.675 billion to USD 104.182 billion during the week, the RBI said. The Special Drawing Rights (SDRs) also decreased by USD 84 million to USD 18.566 billion, the apex bank said. India's reserve position with the IMF also fell by USD 23 million to USD 4.757 billion in the reporting week

India's foreign exchange reserves jump $5.54 billion to $692.57 billion

India's forex reserves jumped USD 5.543 billion to USD 692.576 billion during the week ended November 14 due to a steep increase in the value of gold reserves, the RBI said on Friday. The overall reserves had dropped by USD 2.699 billion to USD 687.034 billion in the previous reporting week. For the week ended November 14, foreign currency assets, a major component of the reserves, increased by USD 152 million to USD 562.29 billion, the data released on Friday showed. 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. Value of the gold reserves jumped by USD 5.327 billion to USD 106.857 billion during the week, the RBI said. The Special Drawing Rights (SDRs) grew by USD 56 million to USD 18.65 billion, the apex bank said. India's reserve position with the IMF increased by USD 8 million to USD 4.779 billion in the reporting week, the apex bank

India's forex reserves fall by $2.7 bn to $687 bn in early November

India's foreign exchange reserves dropped by another USD 2.699 billion to USD 687.034 billion during the week ended November 7, the RBI said on Friday. The forex kitty has been on a declining trend for the past few weeks, and had decreased by USD 5.623 billion to USD 689.733 billion in the previous reporting week. For the week ended November 7, foreign currency assets, a major component of the reserves, decreased by USD 2.454 billion to USD 562.137 billion, the data released on Friday showed. 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. Value of the gold reserves declined by USD 195 million to USD 101.531 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down by USD 51 million to USD 18.594 billion, the apex bank said. India's reserve position with the IMF was unchanged at USD 4.772 billion in the reporting we

India's foreign exchange reserves rise past $700 bn as gold reserves rise

On the other hand, foreign currency assets decreased by $1.6 billion to $570 billion during the reported week due to increased intervention by the RBI via dollar sales

India's foreign exchange reserves decrease by $2.1 bn to $697.7 bn

The reserves had hit a record high of $705 billion in September 2024

India's forex reserves rise $4.7 bn to $703 bn, close to record high

Foreign exchange reserves climbed for the second straight week, led by gains in foreign currency assets and gold holdings, bringing the total near the $705 billion record

India's forex reserves rise by $4.7 billion to reach $702.97 billion

India's forex reserves jumped USD 4.698 billion to USD 702.966 billion for the week ended September 12, the Reserve Bank of India said on Friday. In the previous reporting week, the overall reserves had increased USD 4.038 billion to USD 698.268 billion. The overall reserves had jumped USD 3.51 billion to USD 694.23 billion. For the week ended September 5, foreign currency assets, a major component of the reserves, increased USD 2.537 billion to USD 587.014 billion, the data released on Friday showed. 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. The gold reserves increased USD 2.12 billion to USD 92.419 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were up by USD 32 million to USD 18.773 billion, the apex bank said. India's reserve position with the IMF was up by USD 9 million at USD 4.76 billion in the report

India's forex reserves rise by $4 billion to reach $698.27 billion

India's forex reserves jumped USD 4.038 billion to USD 698.268 billion during the week ended September 5 on the back of a sizeable increase in value of gold reserves, the RBI data said on Friday. In the previous reporting week, the overall reserves had jumped by USD 3.51 billion to USD 694.23 billion. For the week ended September 5, foreign currency assets, a major component of the reserves, increased by USD 540 million to USD 584.477 billion, the data showed. 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. The gold reserves increased by USD 3.53 billion to USD 90.299 billion during the week, the data said. The Special Drawing Rights (SDRs) were down by USD 34 million to USD 18.742 billion, the apex bank said. India's reserve position with the IMF was up by USD 2 million at USD 4.751 billion in the reporting week, the Reserve Bank data show

India's forex reserves jump by $3.51 billion to $694.23 billion

India's forex reserves jumped by USD 3.51 billion to USD 694.23 billion for the week ended August 29, the RBI said on Friday. The overall reserves had dropped by USD 4.386 billion to USD 690.72 billion in the previous reporting week. For the week ended August 29, foreign currency assets, a major component of the reserves, increased by USD 1.686 billion to USD 583.937 billion, the latest data showed. 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. The gold reserves increased by USD 1.766 billion to USD 86.769 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were up by USD 40 million to USD 18.775 billion, the apex bank said. India's reserve position with the IMF was also up by USD 18 million at USD 4.749 billion in the reporting week, the RBI data showed.

India cuts US Treasury exposure, strengthens gold share in forex reserves

India is cutting its US Treasury holdings while adding more gold to its reserves; RBI data shows the shift is part of a global trend to diversify forex reserves and reduce risks from the dollar

India's forex to rise despite RBI support, swap maturity, say economists

A $5 billion dollar/rupee swap by the RBI matured that week, with bankers saying the central bank delivered the swap, a move that is a drain on reserves

India's forex reserves rise by $2.7 bn to reach $698.1 bn in July

India's forex reserves rose by USD 2.703 billion to USD 698.192 billion during the week ended July 25, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped USD 1.183 billion to USD 695.489 billion. For the week ended July 25, foreign currency assets, a major component of the reserves, increased by USD 1.316 billion to USD 588.926 billion, the data showed. 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. The gold reserves grew by USD 1.206 billion to USD 85.704 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were up by USD 126 million to USD 18.809 billion, the apex bank said. India's reserve position with the IMF was higher by USD 55 million at USD 4.753 billion in the reporting week, the RBI data showed.

India's forex reserves fall by $3 billion to $696.67 billion in July

India's forex reserves dropped by USD 3.064 billion to USD 696.672 billion during the week ended July 11, the RBI said on Friday. In the previous reporting week, the overall kitty had declined by USD 3.049 billion to USD 699.736 billion. The reserves had touched an all-time high of USD 704.885 billion in end-September 2024. During the week ended July 11, foreign currency assets, a major component of the reserves, dropped by USD 2.477 billion to USD 588.81 billion, the data released on Friday showed. 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 declined by USD 498 million to USD 84.348 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down by USD 66 million to USD 18.802 billion, the apex bank said. India's reserve position with the IMF declined by USD 24 million to USD 4.711 billion in the repor

India's forex reserves rise by $5.17 billion to $696.65 billion: RBI

India's forex reserves increased by USD 5.17 billion to USD 696.65 billion for the week ended June 6, the RBI said on Friday. The overall reserves had dropped by USD 1.237 billion to USD 691.485 billion for the week ended May 30. Forex reserves had touched an all-time high of USD 704.885 billion in end-September 2024. For the week ended June 6, foreign currency assets, a major component of the reserves, rose by USD 3.47 billion to USD 587.68 billion, the data released on Friday showed. 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. The gold reserves were up by USD 1.58 billion to USD 85.88 billion during the week, the RBI said. The Special Drawing Rights (SDRs) also rose by USD 102 million to USD 18.67 billion, the apex bank said. India's reserve position with the IMF also inched up by USD 14 million at USD 4.4 billion in the reporting we

India's forex reserves jump $4.5 bn to $690.61 bn on rise in gold assets

India's forex reserves jumped by USD 4.553 billion to USD 690.617 billion for the week ended May 9 on the back of a steep increase in gold assets, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped by USD 2.065 billion to USD 686.064 billion. The forex reserves had touched an all-time high of USD 704.885 billion in end-September 2024. For the week ended May 9, foreign currency assets, a major component of the reserves, increased by USD 196 million to USD 581.373 billion, the data released on Friday showed. 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 jumped by USD 4.518 billion to USD 86.337 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down by USD 26 million to USD 18.532 billion, the apex bank said. India's reserve position with the IMF was also down by

India's forex reserves dropped by $2 billion to $686 billion: RBI

India's forex reserves dropped USD 2.065 billion to USD 686.064 billion for the week ended May 2, the RBI said on Friday. In the previous reporting week, the overall kitty had increased USD 1.983 billion to USD 688.129 billion. The forex reserves had touched an all-time high of USD 704.885 billion in end-September 2024. For the week ended May 2, foreign currency assets, a major component of the reserves, increased USD 514 million to USD 581.177 billion, the data released on Friday showed. 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 decreased USD 2.545 million to USD 81.82 billion during the week, the RBI said. The special drawing rights were down USD 30 million to USD 18.558 billion, the apex bank said. India's reserve position with the IMF was also down USD 3 million at USD 4.509 billion in the reporting week, the apex b

India's forex reserves rises for seventh straight week to $686.145 bn

India's forex reserves jumped USD 8.31 billion to USD 686.145 billion for the week ended April 18, the RBI said on Friday. This is the seventh consecutive week of a rise in the kitty, which had jumped by USD 1.567 billion to USD 677.835 billion in the previous reporting week ended April 11. The forex reserves had touched an all-time high of USD 704.885 billion in end-September 2024. For the week ended April 18, foreign currency assets, a major component of the reserves, increased by USD 3.516 billion to USD 578.495 billion, the data released on Friday showed. 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 increased by USD 4.575 billion to USD 84.572 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were up by USD 212 million to USD 18.568 billion, the apex bank said. India's reserve position with the IM

India's forex reserves climb for sixth straight week, now at $677.83 bn

India's forex reserves increased by USD 1.567 billion to USD 677.835 billion for the week ended April 11, the Reserve Bank said on Friday. This is the sixth consecutive week of a rise in the kitty. The overall reserves jumped by USD 10.872 billion to USD 676.268 billion in the previous reporting week ended April 4. The forex reserves touched an all-time high of USD 704.885 billion in September 2024. For the week ended April 11, foreign currency assets, a major component of the reserves, rose by USD 892 million to USD 574.98 billion, the data released on Friday showed. 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 surged by USD 638 million to USD 79.997 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down USD 6 million at USD 18.356 billion, the apex bank said. India's reserve position with the

Forex reserves rise for sixth straight week, up $1.56 bn to $677.83 bn

India's forex reserves increased by USD 1.567 billion to USD 677.835 billion for the week ended April 11, the Reserve Bank said on Friday. This is the sixth consecutive week of a rise in the kitty. The overall reserves jumped by USD 10.872 billion to USD 676.268 billion in the previous reporting week ended April 4. The forex reserves touched an all-time high of USD 704.885 billion in September 2024. For the week ended April 11, foreign currency assets, a major component of the reserves, rose by USD 892 million to USD 574.98 billion, the data released on Friday showed. 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 surged by USD 638 million to USD 79.997 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down USD 6 million at USD 18.356 billion, the apex bank said. India's reserve position with the