Rupee and reserves to remain restless: Experts
The US Fed will decided on whether or not to raise interest rates in its Federal Open Market Committee (FOMC) slated for September 16-17.
Sep 12, 2015, 18:15 PM IST
Forex reserves continues to shrink, declines by close to $3 bn again
In the previous reporting week, the reserves had fallen sharply by USD 3.433 billion to USD 351.920 billion.
Sep 11, 2015, 18:14 PM IST
China's foreign trade declines, record drop of forex reserves
China Tuesday said its foreign trade in August decreased 9.7 percent year on year to about USD 320.8 billion amid rising concerns over the record drop of USD 93.9 billion in the Communist giant's foreign exchange reserves last month.
Sep 08, 2015, 17:04 PM IST
Rupee tumbles to fresh 2-year low of 66.82 against US dollar
The rupee plunged by 36 paise to close at 2-year low of 66.82 against the American currency today on persistent dollar demand from banks and importers due to sustained foreign capital outflows amidst sharp fall in equity markets.
Sep 07, 2015, 19:40 PM IST
China forex reserves decline on currency efforts: Bloomberg
China's foreign exchange reserves fell by a record USD 93.9 billion last month, reports said, as Beijing sold dollars to support its own currency following jitters over a sudden devaluation.
Sep 07, 2015, 17:25 PM IST
$354-bn forex reserves too small to fight a crisis: Kaushik Basu
World Bank chief economist Kaushik Basu Wednesday said the USD 354 billion of forex war-chest is not sufficient to fight a crisis and advocated accumulation of more currency assets as the right strategy.
Aug 26, 2015, 23:02 PM IST
Currency volatility: How it will affect global growth
Faced with falling exports and deflation risks, it suited much of Asia to let their currencies drift lower, until China`s abrupt devaluation triggered a tide of volatility that is upsetting not just their currency management but also their growth strategies.
Aug 26, 2015, 09:33 AM IST
Raghuram Rajan says ready to use FX reserves as Sensex tumbles
Reserve Bank of India Governor Raghuram Rajan said he was ready to deploy foreign exchange reserves to curb volatility in the currency as turmoil in global markets sent domestic shares down more than 4 percent and the rupee to its lowest since late 2013.
Aug 24, 2015, 16:42 PM IST
Raghuram Rajan reassures markets as China woes spread like wildfire
Rajan said the country has USD 380 billion in forex reserves to be used as and when the need arises. He also said he sees oil prices remaining at low levels at for a year or two.
Aug 24, 2015, 11:30 AM IST
Forex reserves jump $1 billion to $354 billion after 2 weeks of dips
After declining for two straight weeks, the foreign exchange reserves rose by a healthy USD 1.086 billion to touch USD 354.433 billion for the week to August 14, led by an increase in foreign currency assets.
Aug 21, 2015, 20:50 PM IST
Forex reserves down $113.5 million at $353.34 billion
The country's foreign exchange reserves declined by USD 113.5 million to USD 353.347 billion in the week to August 7 on account of a fall in foreign currency assets (FCAs), a key constituent.
Aug 14, 2015, 18:04 PM IST
Gold reserves plunge, forex kitty dips to $353.46 bn
India's gold reserves fell sharply by USD 824.2 million as the metal's prices weakened globally, but gains in currency assets limited the dip in overall forex reserves, which were down USD 187.6 million at USD 353.46 billion for the week ended July 31.
Aug 07, 2015, 20:25 PM IST
Forex reserves up $322 million: RBI
After four consecutive weeks of decline, India`s foreign exchange reserves grew by USD 322 million in the week ended July 24.
Aug 01, 2015, 15:23 PM IST
Forex reserves down by $156.9 million to $354.360 billion
The country's foreign exchange reserves declined marginally by USD 156.9 million to USD 354.360 billion in the week to July 10, due to fall in foreign currency assets, according to the RBI weekly data.
Jul 17, 2015, 20:44 PM IST
India's forex reserves jump Rs 1.57 bn to Rs 354.29 bn
The country's foreign exchange reserves rose by USD 1.57 billion to USD 354.29 billion for the week ended June 12 on a surge in core currency assets, the Reserve Bank said on Friday.
Jun 19, 2015, 22:03 PM IST
Forex reserves rise to $352.71 bn
In the previous week, the reserves had increased by USD 917.5 million to USD 352.474 billion. The forex kitty had touched a record high of USD 352.876 billion in the week to May 15.
Jun 12, 2015, 18:19 PM IST
Forex reserves up by $917.5 million to $352.474 billion
Country's foreign exchange reserves rose by USD 917.5 million to touch USD 352.474 billion in the week to May 29, helped by surge in foreign currency assets, according to RBI data.
Jun 05, 2015, 20:30 PM IST
Forex reserves hit new record high of $353.8 billion
Country's foreign exchange reserves surged by USD 1.745 billion to touch a record high of USD 353.876 billion in the week to May 15, helped by the increase in foreign currency assets, according to RBI data.
May 22, 2015, 20:55 PM IST
Forex reserves at life-time high
Country's foreign exchange reserves increased by USD 262.4 million to touch a new life-time high of USD 352.131 billion in the week to May 8 on account of rise in foreign currency assets, RBI said.
May 15, 2015, 23:56 PM IST
Forex kitty swells by $7.3 bn to hit new record of $352 bn
The forex reserves continued to scale new highs, expanding by a whopping USD 7.26 billion to hit a new all-time high of USD 351.87 billion for the week ended May 1, the Reserve Bank said on Friday.
May 08, 2015, 19:06 PM IST
