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Forex reserves below Chinese level not comfortable: Rajan

Last Updated: Thursday, April 03, 2014, 19:21

Reserve Bank Governor Raghuram Rajan has said unless foreign exchange reserves rise to the level of the Chinese, the economy cannot be said to be insulated from external shocks.

India's forex reserves inch towards $300 billion mark

Last Updated: Friday, March 21, 2014, 19:28

The reserves had jumped by USD 1.09 billion to USD 295.45 billion in the previous reporting week.

Forex reserves rise $954.6 mn to $294.3 bn

Last Updated: Friday, March 07, 2014, 18:41

The country's foreign exchange reserves rose by USD 954.6 million to USD 294.36 billion on account of gains in the value of gold reserves, the Reserve Bank said on Friday.

China's forex reserves surge to a new high in 2013

Last Updated: Wednesday, January 15, 2014, 17:48

China's foreign exchange reserves, already the world's largest, touched a whopping USD 3.82 trillion in 2013, the central bank said Wednesday.

India's forex reserves drop $2.5 bn to $293 bn

Last Updated: Friday, January 10, 2014, 20:59

India's foreign exchange reserves declined by USD 2.599 billion to USD 293.11 billion in the week ended January 3 on account of a fall in foreign currency assets, RBI said today.

Forex reserves continue to rise, jump $1.51 bn to $279 bn

Last Updated: Friday, October 18, 2013, 18:37

The gold reserves remained unchanged at USD 21.765 billion in the week ended October 11, according to RBI data.

India's foreign exchange reserves rise by $544.7 mn

Last Updated: Saturday, September 21, 2013, 19:22

The forex reserves had declined by USD 685.1 million in the previous week.

'India may have draw $9 bn from forex kitty to finance CAD'

Last Updated: Friday, September 13, 2013, 18:08

India may have to draw about USD USD 9 billion from its foreign exchange reserves to finance current account deficit this year, PMEAC Chairman C Rangarajan said on Friday, while pitching for promoting foreign investment and exports to deal with problem in the long run.

Balance of payment problems hamper rupee rescue

Last Updated: Monday, August 12, 2013, 09:35

India has USD 280 billion of foreign exchange reserves. That is only enough to cover seven months of import bills, by far the lowest of the BRICs, the four major emerging market economies.

India's forex reserves down $1.7 billion

Last Updated: Saturday, May 25, 2013, 23:27

The SDRs had fallen by $31.9 million to $4.32 billion during the previous week, while reserves with the IMF went down by $16.4 million to $2.22 billion.

Forex reserves slump by $2.06 billion

Last Updated: Friday, May 10, 2013, 21:28

The foreign exchange reserves had gone up by USD 1.61 billion to USD 296.37 billion in the previous week.

Forex reserves down by $580 mn to $295.7 bn

Last Updated: Friday, January 25, 2013, 21:02

The total reserves had stood at USD 296.252 billion in the previous reporting week.