Tag: Forex reserves

India’s forex reserves increase by USD 689 million to USD 584.55 billion

NEW DELHI: India’s forex reserves increased for the second consecutive week, touching USD 584.554 billion as of February 26, up by USD 689 million, the Reserve Bank said on Friday. The overall reserves had increased by USD 169 million to USD 583.865 billion in the previous reporting week. The reserves, which have been steadily increasing […]

India’s forex reserves rise by over $5 billion

NEW DELHI: India’s foreign exchange reserves rose $5.867 billion during the week ended October 9. According to the Reserve Bank of India’s weekly statistical supplement, the reserves increased to $551.505 billion from $545.638 billion reported for the week ended October 2. India’s forex reserves comprise of foreign currency assets (FCAs), gold reserves, special drawing rights […]

India’s forex reserves decline by over $3 billion

NEW DELHI: India’s foreign exchange reserves plunged by $3.017 billion during the week ended September 25. According to the Reserve Bank of India’s weekly statistical supplement, the reserves decreased to $542.021 billion from $545.038 billion reported for the week ended September 18. India’s forex reserves comprise of foreign currency assets (FCAs), gold reserves, special drawing […]

Forex reserves down by $1.4 billion to $392 billion due to fall in foreign currency assets

NEW DELHI: Continuing its decline, the country’s foreign exchange reserves slumped by $1.444 billion to $392.078 billion in the week to October 26 due to a fall in foreign currency assets, according to Reserve Bank of India (RBI) data. In the previous week, the reserves had declined by $942 million to $393.523 billion. In the […]

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