Forex reserves at record high, sniff at $360 billion

Forex reserves at record high, sniff at $360 billion

The foreign exchange reserves touched a new life-time high of USD 359.917 billion after they surged by USD 157.4 million in the week ended April 8, helped by rise in foreign currency assets, the Reserve Bank said on Friday.

Gold perched near three-mth high ahead of US jobs, eyes best week in four

Gold, trading near its highest since October on Friday, is on track to score its strongest weekly gain in a month as the U.S. dollar is pressured by growing doubts that the Federal Reserve can stick to its interest rate hike campaign.

Forex reserves down $1.72 billion to $347.20 billion

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.

Forex reserves down by $149.7 million to $352.365 billion

Forex reserves down by $149.7 million to $352.365 billion

Country's foreign exchange reserves declined by USD 149.7 million to USD 352.365 billion in the week to November 20, due to fall in foreign currency assets, according to RBI data.

Forex reserves up $827.4 million to $350.8 billion

Forex reserves up $827.4 million to $350.8 billion

The gold reserves increased by USD 116.5 million to USD 18.151 billion in the reporting week.

 

Forex reserves up $631.5 million to $352.02 billion

Forex reserves up $631.5 million to $352.02 billion

Country's foreign exchange reserves rose by USD 631.5 million to USD 352.02 billion in the week to September 18 due to rise in foreign currency assets, according to RBI data.

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.

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.

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.

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.

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.

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.

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.

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.

Forex 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.

Forex reserves fall by $2.59 billion to $340.41 billion

After rising for three consecutive weeks, the country's foreign exchange reserves declined by USD 2.592 billion to USD 340.412 billion in the week to April 10 as foreign currency assets declined, the Reserve Bank said.

Forex kitty continues to rise, scales new high at $341.4 billion

The foreign exchange reserves continued their upward momentum and scaled a new life time high at USD 341.378 billion, rising by USD 1.386 billion for the week ended March 27, the Reserve Bank data showed Friday.

Forex reserves hit new high at over USD 338 bn

Foreign exchange reserves rallied to a new life-time high at USD 338.079 billion, an increase of USD 3.886 billion in the week to February 27, on account of higher foreign currency assets.

Forex reserves hit all-time high at $322.14 billion

India's foreign exchange reserves jumped by a massive USD 2.66 billion to touch all-time high of USD 322.135 billion in the week ended January 16, on account of surge in foreign currency assets, RBI said Friday.

RBI against broad-basing CRR to include forex, gold

The RBI is against broad-basing CRR, the portion of total bank deposits kept with the Reserve Bank, to include forex and gold reserves as it would entail an additional burden on the lenders.