Forex Reserves India

Last Updated: March 18, 2023, 12:19 ISTIn October 2021, the forex kitty had reached an all-time high of USD 645 billion.Last week, the rupee stood ground and lost just 10 basis points against the dollar and the currency traded in the…

Last Updated: February 03, 2023, 18:05 ISTThe country's reserve position with the IMF was up by USD 11 million to USD 5.238 billion in the reporting week, the apex bank data showed. For the week ended January 27, the foreign currency…

MUMBAI: India has adequate foreign exchange reserves and its current account deficit is likely to remain at sustainable levels, limiting any risk to the country's sovereign rating from external pressures, Fitch Ratings said on Wednesday.…

MUMBAI: The Reserve Bank of India may have to resort to tried and tested measures to shore up its foreign exchange reserves, including encouraging non-resident Indians to deposit more funds, as it looks to stabilise a steadily declining…

<!-- -->Forex reserves plunge by over $5 billion in the latest weekIndia's foreign exchange reserves fell below $550 billion for the first time in nearly two years, marking the seventh straight week of declines during which period the…

<!-- -->Forex reserves fell for six straight weeks to almost a two-year low.India's forex reserves have nosedived over $80 billion since the Ukraine crisis, with more than $2 billion fall in the latest week as the Reserve Bank of…

<!-- -->Forex reserves fall for the fourth straight week, down to over two year lowForex reserves slumped to over a two-year low, falling by 3 billion in the last week of August as the Reserve Bank of India intervened to defend the…

India’s forex reserves declined to their lowest level since October 2020 to $564 billion. The latest RBI data show that it dropped $6.69 billion in the week to August 19, after falling $2.24 billion in the previous week. Though the foreign…

<!-- -->Foreign exchange reserves decline to $564.053 billionIndia's forex reserves slumped to the lowest in over two years, marking the third straight week of decline as the Reserve Bank of India, true to its word, intervened to keep…

<!-- -->Forex reserves fall by over $2 billion, dipping for the second week in a rowIndia's foreign exchange reserves slumped by over $2 billion in the week ending August 12, as the Reserve Bank of India intervened to shore up the…