Page 8 - India Forex Reserve

Rising dollar strength drags down India's foreign reserve

The value of the country's gold reserves increased by $1.230 billion to $43.241 billion

India's forex reserves slump by another $2.59 bn in week ending March 18

India's foreign exchange (forex) reserves dipped by $2.59 billion in the week ended March 18, recording a sharp drop for the second consecutive week

Gold, asset devaluation pulls India's forex reserve down by $2.597 bn

Reserve Bank of India data showed that India's forex reserves fell to $619.678 billion from $622.275 billion reported for the previous week

India's forex reserves decline 1.53% by $9.65 bn to $622.27 bn

In the previous week ended March 4, the reserves rose $394 million to $631.92 billion

India's forex reserves rise by $394 million to $631.92 billion

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

Forex reserves jump by $2.76 bn to $632.95 bn: RBI data

In the previous reporting week, the overall reserves had declined by USD 1.763 billion to USD 630.19 billion

India's forex reserves down by $1.763 billion to $630.19 billion

The country's foreign exchange reserves declined by $1.763 billion to $630.19 billion in the week ended on February 11, the RBI data showed.

India's forex reserves fall $4.5 billion, worst weekly drop in a year

The country's foreign exchange reserves fell sharply during the week ended January 28, 2022 due to revaluation among foreign currency assets.

India has 4th largest foreign exchange reserves in world: MoS finance

India currently has the fourth largest foreign exchange reserves in the world, Minister of State for Finance Pankaj Chaudhary told Lok Sabha on Monday. As on November 19, 2021, he said the forex reserve stood at USD 640.4 billion. Replying to another question, he said the details of the holders of P-Notes/ offshore derivative instruments (ODIs) as well as beneficial owners of holders of ODIs, identified in terms of Rule 9 of the Prevention of Money laundering (Maintenance of Records) Rules, 2005, are reported to Sebi on a monthly basis by ODI issuing foreign portfolio investors (FPIs). Further, ODIs issuing FPIs are required to maintain with them at all times the KYC documents regarding ODI subscribers and make them available to Sebi on demand, he said. In reply to another question, Chaudhary said the total excise duty, including cesses collected from petroleum products, during past seven financial years (2014-15 to 2020-21) stood at about Rs. 16.7 lakh crore. "The total central .

India's forex exchange reserves increases by $289 mn to $640.40 bn

India's forex exchange reserves increased by $289 million to $640.401 billion for the week ended November 19, the Reserve Bank said on Friday

Foreign exchange reserves down by $1.47 billion to $639.64 billion

The country's foreign exchange reserves declined by $1.47 billion to $639.642 billion in the week ended September 17, RBI data showed on Friday

Portfolio inflows to boost India's forex reserves further: Experts

Healthy portfolio as well as general FDI capital inflows are expected to further boost India's foreign exchange reserves in the coming weeks

India needs forex reserves buffer to beat exchange rate volatility: Rajan

'We need this (foreign exchange) reserve buffer to insulate ourselves because we have no friends,' says former RBI governor

Forex reserves jump $1.193 billion to $582.406 billion: RBI data

The country's foreign exchange reserves rose by USD 1.193 billion to reach USD 582.406 billion in the week ended April 16, RBI data showed on Friday.

India's foreign exchange reserves drop by $2.4 billion to $576.8 billion

The country's foreign exchange reserves declined by USD 2.415 billion to stand at USD 576.869 billion in the week ended April 2, RBI data showed on Friday. In the previous week ended March 26, the reserves had decreased by USD 2.986 billion to USD 579.285 billion. The forex kitty had touched a record high of USD 590.185 billion in the week ended January 29, 2021. In the reporting week ended April 2, 2021, the decline in the reserves was mainly on account of a fall in foreign currency assets (FCA), a major component of the overall reserves. FCA declined by USD 1.515 billion to USD 536.438 billion, weekly data by the Reserve Bank of India (RBI) 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 dropped by USD 884 million to USD 34.023 billion in the reporting week, as per the central bank data. The special drawing right

India's forex reserves decline by $2.98 billion to $579.28 billion

The country's foreign exchange reserves declined by USD 2.986 billion to reach USD 579.285 billion in the week ended March 26, RBI data showed on Friday. In the previous week ended March 19, the forex kitty had increased by USD 233 million to USD 582.271 billion. It had touched a record high of USD 590.185 billion in the week ended January 29, 2021. In the reporting week ended March 26, 2021, the fall in reserves was on account of a decrease in foreign currency assets (FCA), a major component of the overall reserves. FCA declined by USD 3.226 billion to USD 537.953 billion, as per weekly data by the Reserve Bank of India (RBI). 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 276 million to USD 34.907 billion in the reporting week, the RBI data showed. The special drawing rights (SDRs) with the Internationa

India's foreign exchange reserves decline by $469 mn to $574.82 bn

India's foreign exchange reserves declined $469 million during the week ended November 27

Robust foreign inflows, fundraising by banks help rupee fight August curse

ICICI Bank Ltd., Axis Bank Ltd. and mortgage lender HDFC Ltd. have raised a combined Rs 350 billion ($4.7 billion) this month

Raiding RBI war chest, asking people to deposit gold needless distractions

Using the central bank's gold to raise resources is no substitute for bolstering the sovereign's credibility with investors

India's forex reserves near $500 bn, but RBI won't let rupee rise: Experts

Analysts say the central bank is enhancing reserves to guard against a likely downgrade in India's credit rating or to ensure a bigger transfer of surplus to the revenue-starved government