Page 5 of Forex Reserve

In a statement, the central bank said it has been closely and continuously monitoring the liquidity conditions in the forex market and has stepped in as needed in all its segments to alleviate dollar tightness with the objective of ensuring orderly market functioning.

RBI liberalises norms to boost forex inflows

The measures include easing norms for FPI investment in debt market, and increasing the External Commercial Borrowing (ECB) limit under…

July 6, 2022 17:08 IST

In the previous week ended on June 10, the reserves had dropped by USD 4.599 billion to USD 596.458 billion.

Forex reserves dip by USD 5.87 bn to USD 590.588 bn

In the reporting week, the forex reserves fell due to a dip in foreign current assets (FCAs), a major component…

June 24, 2022 17:53 IST

During the week ended June 10, the fall in the forex reserves was on account of a dip in Foreign Current Assets (FCAs), a major component of the overall reserves.

Forex reserves down by USD 4.599 bn to USD 596.458 bn

In the previous week, the reserves had decreased by USD 306 million to USD 601.057 billion.

June 17, 2022 19:45 IST

During the reporting week, the rise in forex reserves was due to an increase in the Foreign Currency Assets (FCA) and the gold reserves, according to the Weekly Statistical Supplement released by the Reserve Bank of India (RBI) on Friday.

Forex reserves up by USD 3.854 bn to USD 601.363 bn

In the previous week, the reserves rose by USD 4.230 billion to USD 597.509 billion.

June 3, 2022 19:19 IST

According to an article 'State of the Economy', published in the RBI's Bulletin for May, foreign exchange reserves at USD 596 billion as on May 6 were equivalent to about 10 months of imports projected for 2022-23.

Forex reserves down by USD 2.676 bn to USD 593.279 bn

In the previous week, the reserves had declined by USD 1.774 billion to USD 595.954 billion.

May 20, 2022 20:08 IST

The move by the Central Bank comes amid a severe shortage of foreign currency that has resulted in difficulties in paying for the import of essentials such as fuel, cooking gas, medicine and food, forcing people to stay in long lines to buy the limited stocks. (Representative image)

Forex crisis: Lanka lowers limit of foreign currency people can hold to USD 10,000 from USD 15,000

Under Sri Lanka’s foreign exchange law, currency notes which are held against contravening the rules will be seized, he said.…

May 19, 2022 19:31 IST

In the previous reporting week, the overall reserves had declined by USD 2.695 billion to USD 597.728 billion, falling below the USD 600 billion mark.

India’s forex reserves fall $1.774 billion to $595.954 billion

During the reporting week, the fall in the reserves was on account of a decline in the Foreign Currency Assets…

May 13, 2022 20:00 IST

Share of gold in forex reserves rises to over 7%

“While 453.52 metric tonne of gold is held overseas in safe custody with the Bank of England and the Bank…

May 13, 2022 09:25 IST

Higher forex reserves lower cost of foreign borrowings, hedging cost: RBI article

Since 2019, the RBI has been accumulating forex reserves that peaked at USD 642.453 billion in the week ended September…

April 18, 2022 22:27 IST

“For a trade which is almost 2-3% of your fund, generating that much cash becomes a problem. There is a bigger problem for smaller funds, while larger funds can still manage to do the same,” said an FPI.

New T+1 settlement cycle: FPIs’ forex concerns may be addressed by June-July

According to FPIs, the process becomes difficult for the custodian for confirmation of trades and then to arrange money on…

March 31, 2022 00:15 IST

India’s non-dollar forex assets seen at 30-40% of reserves

While the evolving geopolitical scenario has highlighted the importance of having a diversified base of reserve currencies, India is unlikely…

March 24, 2022 05:40 IST

During the reporting week, the decline in the reserves was due to a fall in the foreign currency assets (FCA), a major component of the overall reserves, the Reserve Bank of India's (RBI) weekly data released on Friday showed.

Forex reserves decline USD 9.65 bn to USD 622.27 bn

In the previous week ended March 4, the reserves rose USD 394 million to USD 631.92 billion. It touched a…

March 18, 2022 19:20 IST

FCA increased by USD 634 million to USD 565.466 billion in the week ended March 4.

Forex reserves rise by USD 394 mn to USD 631.92 bn

In the previous week ended February 25, the reserves had declined by USD 1.425 billion to USD 631.527 billion. It…

March 11, 2022 18:06 IST

During the reporting week, the foreign currency assets (FCA) declined by USD 2.228 billion to USD 564.832 billion.

Forex reserves decline by USD 1.425 bn on a dip in currency assets

The overall reserves had increased by USD 2.762 billion to USD 632.952 billion in the previous reporting week.

March 4, 2022 18:13 IST

In the previous reporting week, the overall reserves had declined by USD 1.763 billion to USD 630.19 billion.

Forex reserves jump by USD 2.76 bn to USD 632.95 bn

During the reporting week, the rise in overall reserves was on account of an increase in the foreign currency assets…

February 25, 2022 19:06 IST

We also posit a $20 billion outflow ($10 billion FYTD) by foreign institutional investors (FPIs) due to extreme risk aversion. We continue to point out that RBI's high FX reserves guard against 1970s/1990-type BoP crises after oil shocks.

Geopolitical risks overdone: RBI’s FX reserves will shield BoP from any oil shock due to rising geopolitical tensions

The govt will have to cut oil taxes to contain inflation at a time when consumption demand is already weak

February 24, 2022 04:45 IST

Forex reserves surge by $9.42 billion to all-time high of $620.57 billion

In the previous week ended July 23, the reserves had declined by $1.581 billion to $611.149 billion.

August 6, 2021 20:21 IST

India’s Forex reserves near record high, jump $563 million to $590.028 billion, says RBI data

During the reporting week ended May 14, 2021, the rise in the forex kitty was mainly on account of an…

May 21, 2021 19:46 IST

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India is making significant progress in its AI journey, with strong digital infrastructure and a growing market. The government’s investment in AI development reflects their determination to become a leader in this field. Collaboration between technology providers, enterprises, and the public sector is crucial for unleashing the full potential of AI.

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