India's Forex Reserve Touches Fresh Record High Of USD 692.3 Billion
This buffer of foreign exchange reserves helps insulate domestic economic activity from global shocks.
Sep 27, 2024, 18:56 PM IST
India's Forex Reserves Are On The Rise; Gained USD 66 Billion In 2024
According to the latest data from the RBI released this week, India's foreign currency assets (FCA), the largest component of forex reserves, were at USD 604,144 points.
Sep 15, 2024, 19:33 PM IST
India's Forex Reserves Touch Fresh High Of USD 675 Billion, Rose Over USD 50 Billion So Far In 2024
In the calendar year 2023, the RBI added about USD 58 billion to its foreign exchange kitty.
Aug 09, 2024, 20:06 PM IST
India's Forex Reserves At Historic High Of $675 Billion: RBI Chief
The RBI chief further stated that buoyancy in services exports and strong remittance receipts are expected to keep CAD within a sustainable level in Q1:2024-25.
Aug 08, 2024, 17:48 PM IST
India’s Forex Reserves Surge To Lifetime High Of $670.86 Bn
A strong Forex kitty enables the RBI to intervene in the spot and forward currency markets by releasing more dollars to prevent the rupee from going into a free fall.
Jul 26, 2024, 19:02 PM IST
India's Forex Reserves Hit Record USD 666.85 Billion, Driven By Surging Gold And Foreign Currency Assets
According to a recent RBI report, India's foreign exchange reserves are now sufficient to cover over 11 months of projected imports.
Jul 20, 2024, 09:45 AM IST
India’s Forex Reserves Surge By $3.7 Bn To Touch $641.6 Bn Mark
RBI Governor Shaktikanta Das on Friday referred to the record foreign exchange reserves as a reflection of the strength of the Indian economy.
May 10, 2024, 19:04 PM IST
Forex Reserves Increase USD 591 Mn To USD 616.7 Bn
Gold reserves increased USD 269 million to USD 47.481 billion during the week, the RBI said.
Feb 02, 2024, 18:05 PM IST
India's Forex Reserves Declined USD 1.32 Bn Last Week To USD 593.75 Bn
The forex reserves had fallen largely because of the RBI's intervention in the market to defend the depreciating rupee against a surging US dollar.
Jun 16, 2023, 20:00 PM IST
India's forex reserves up for 5th consecutive week
However, gold reserves during the latest week declined by USD 296 million to USD 40.729 billion.
Dec 17, 2022, 18:42 PM IST
Explained: What is forex reserve and why is it so important for countries?
Forex reserve or foreign currency reserves include cash (foreign currency) and other assets like gold that are held by the central banks of any country or other financial institutions.
Nov 05, 2022, 14:12 PM IST
'Would PM Modi say anything on this?': Kharge on falling rupee, declining forex reserves
Mallikarjun Kharge claimed that there was a decline of USD 85 billion in the forex reserves in the first half of the fiscal and alleged that India's forex store dipped faster than its peers
Oct 27, 2022, 19:35 PM IST
India's Forex Reserve falls to the lowest level in the last two year
This is the lowest level of India`s forex reserves since July 24, 2020.
Oct 08, 2022, 17:33 PM IST
India's forex reserves decline by over $1.4 billion
The Reserve Bank of India’s forex reserves decreased to $633.614 billion from $635.080 billion.
Jan 07, 2022, 22:12 PM IST
India's forex reserves jump $8.22 billion, crosses $500 billion mark for the first time
India's foreign reserves crossed the $500 billion mark on Friday for the first time after registering a massive surge of $8.22 billion in the week ended June 5 aided by higher foreign inflows.
Jun 13, 2020, 09:56 AM IST
India's Forex reserve down by USD 593 million, says RBI
The overall forex reserves declined to USD 412.23 billion from USD 412.82 billion reported for the week ended May 25, according to RBI.
Jun 08, 2018, 21:44 PM IST
Forex kitty swells by $3.57 billion, closes in on $400 bn-mark
In the previous week, the reserves had increased by USD 1.148 billion to USD 394.55 billion.
Sep 08, 2017, 20:01 PM IST
Forex kitty rises to record $394.55 billion
Gold reserves remained unchanged at USD 19.943 billion.
Sep 01, 2017, 20:22 PM IST
FCNR payments, strong US dollar deplete India's forex reserves
A strengthened US dollar and FCNR B (Foreign Currency Non Resident Bank) payments, drained $1.50 billion from India`s foreign exchange (Forex) kitty, experts said on Saturday.
Oct 22, 2016, 17:43 PM IST
Ability to withstand challenging global trends strong: Jaitley
He emphasised that macroeconomic indicators like inflation, forex reserve, capital investment in infrastructure and revenue collection are all positive.
Aug 22, 2015, 14:57 PM IST
