India's Forex Reserves Rose By USD 58 Billion Cumulatively In 2023
In 2022, India's forex kitty slumped USD 71 billion cumulatively. Gold reserves during the week, however, declined by USD 102 million to USD 474.74 billion.
Jan 01, 2024, 09:50 AM ISTIndia's Forex Reserves Rise To 4-Month High Of $606.9 Billion
This was the highest gain since the week concluding on July 14.
Dec 15, 2023, 20:01 PM ISTIndia's current account deficit at 4-year high, widens sharply to 2.4% in April-June quarter
The widening of the CAD on a year-on-year basis was primarily on account of a higher trade deficit which stood at USD 41.2 billion, brought about by a larger increase in merchandise imports relative to exports.
Sep 15, 2017, 18:14 PM ISTIndia's forex reserves fall by $2.38 billion to $360.606 billion
India's foreign exchange reserves declined by USD 2.380 billion to USD 360.606 billion in the week to December 16 on account of fall in foreign currency assets, the Reserve Bank said Friday.
Dec 23, 2016, 20:14 PM IST
Forex reserves dip $392.6 million to $366.77 billion
After reaching a life-time high, country's foreign exchange reserves marginally declined by USD 392.6 million to USD 366.77 billion in the week to August 26 on account of fall in foreign currency assets, RBI said.
Sep 02, 2016, 18:51 PM IST
Forex reserves down $1.72 billion to $347.20 billion
Continuing their downtrend, India's foreign exchange reserves declined by a whopping USD 1.726 billion to USD 347.207 billion in the week to January 15 on account of fall in foreign currency assets (FCAs), according to the Reserve Bank.
Jan 23, 2016, 21:04 PM ISTForex 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 ISTForex 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 ISTForex 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 ISTForex 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 ISTForex 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 ISTForex reserves rise to $343 billion
After falling last week, the country's foreign exchange reserves surged by a healthy USD 2.788 billion to USD 343.2 billion in the week to April 17 as foreign currency assets (FCAs) rose, the Reserve Bank said.
Apr 24, 2015, 18:16 PM ISTExcessively strong rupee undesirable: Raghuram Rajan
RBI Governor Raghuram Rajan on Wednesday said that the "excessively strong rupee" is undesirable as it triggers disinflationary pressures.
Mar 04, 2015, 17:27 PM IST