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India forex reserve News

20 Jul 2024

India's Forex Reserves Hit Record USD 666.85 Billion

According to a recent RBI report, India's foreign exchange reserves are now sufficient to cover over 11 months of projected imports.

10 May 2024

India’s Forex Reserves Surge By $3.7 Bn To Touch $641.6 Bn Mark

RBI Governor Shaktikanta Das on Friday referred to the record foreign exchange reserves as a reflection of the strength of the Indian economy.

India forex reserve

02 Feb 2024

Forex Reserves Increase USD 591 Mn To USD 616.7 Bn

Gold reserves increased USD 269 million to USD 47.481 billion during the week, the RBI said.

India forex reserve

12 Feb 2023

India's Forex Reserves Decline After Three Weeks Rise

Gold reserves declined by USD 246 million to USD 43.781 billion. At the start of last year -- 2022, the overall forex reserves were at about USD 633 billion.

07 Jan 2022

India's forex reserves decline by over $1.4 billion

Forex reserves comprise of foreign currency assets, gold reserves, SDRs, and the country`s reserve position with the IMF. On a weekly basis, FCAs edged lower by $1.480 billion to $569.889 billion. The value of the country's gold reserves inched up by $14 million to $39.405 billion.

13 Jun 2020

India's forex reserves jump $8.22 bn, crosses $500 bn mark for first time

India's foreign reserves crossed the $500 billion mark on Friday for the first time after registering a massive surge of $8.22 billion in the week ended June 5 aided by higher foreign inflows.

Rupee Vs dollar

08 Sep 2017

Forex kitty swells by $3.57 billion, closes in on $400 bn-mark

In the previous week, the reserves had increased by USD 1.148 billion to USD 394.55 billion.

Rupee Vs dollar

01 Sep 2017

Forex kitty rises to record $394.55 billion

Gold reserves remained unchanged at USD 19.943 billion.

01 Jul 2016

Foreign exchange reserves slide $3 bn amid Brexit turmoil

The country's foreign exchange reserves declined by USD 3.03 billion to USD 360.79 billion for the week ended June 24 amid volatility in the currency market after Brexit referendum in the UK.

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