"forex-reserves"

India has weathered economic storms before. The question is whether it will meet this one with the same seriousness

The Indian government’s policy response appears reactive rather than preventive, as higher gold import duties may fuel smuggling and increase reliance on recycled gold

Pakistan plans to repay the remaining USD 1.5 billion of a USD 3.5 billion loan to the United Arab Emirates by April 23, aided by International Monetary Fund inflows and Saudi Arabia support, helping stabilise foreign exchange reserves

A State Bank of India report urged the Reserve Bank of India to use forex reserves to stabilise the rupee amid West Asia tensions. It flagged volatility, suggested market interventions, and proposed measures to manage foreign exchange demand

India’s diversified oil imports from over 40 countries and strategic reserves covering more than 70 days of demand have strengthened its ability to handle global energy shocks caused by the Iran conflict, a senior government official said.

The Indian rupee fell 6 paise to 86.17 against the US dollar in early trade Monday amid rising crude prices and geopolitical tensions. FII outflows also weighed on the rupee, despite gains in equities and rising forex reserves.

The forex reserves rose $1.05 billion to reach $630.607 billion for the week ended January 31, according to the Reserve Bank of India (RBI) data. Meanwhile, gold reserves went up by $1.242 billion to $70.893 billion during the week

Sitharaman rejects criticism that rupee has seen all-round weakness, says Indian currency least volatile against the US dollar among its Asian and global peers

For the week ended March 1, the foreign currency assets, a major component of the reserves, increased by USD 6.043 billion to USD 554.231 billion, the data said.

For the week ending February 23, the foreign currency assets, a major component of the reserves, increased by USD 2.405 billion to USD 548.188 billion.

India's forex reserves dropped for the third consecutive week, declining by USD 2.417 billion to USD 601.453 billion as of August 4

India's forex reserves dropped by USD 3.165 billion to USD 603.87 billion for the week ended July 28, the RBI said on Friday

India's foreign exchange reserves jumped USD 1.229 billion to USD 596.28 billion in the week ended July 7

India's forex reserves dropped USD 2.901 billion to USD 593.198 billion in the week ended June 23

India's forex reserves dropped by USD 4.339 billion to USD 589.138 billion for the week ended May 26

SBP said that its foreign exchange reserves have decreased by $354 million to $4.2 billion as of the week ended March 24

With country's focus riveted on Adani, none noticed an important development. India's Forex reserves hit an 11-week low, rupee traded in a thin range of 82.56 to 82.89 and exports declined.

Various factors such as inflation, interest rates, quantum of public debt and current account deficit influence the dollar-rupee exchange rate to a great extent.

The fall in the reserves was mainly attributed to fall in foreign currency assets (FCA).

Mumbai: India’s foreign exchange (forex) reserves rose by $2.315 billion to $573.875 billion for the week ended July 29 on the back of robust capital inflows in the equities markets and strengthening of rupee from the record low, the Reserve Bank of India (RBI) data showed. The country’s forex reserves have risen for the first […]