Forex reserves
Now that India is world’s 5th largest forex reserve holder, here’s what it means for rupee going ahead
Forex reserves are assets in the form of gold, special drawing rights (SDRs), foreign currency assets (FCA) and reserve positions in the IMF, which are held by the nation's central bank.
Forex reserves hit record high in week to June 3: RBI
India's foreign exchange reserves hit a record high at $363.46 billion for the week ended June 3, mostly due to the central bank taking delivery of its forward-dollar...
India’s foreign exchange reserves rises by $1.52 bn to $363 bn
India's foreign exchange reserves increased by $1.52 billion to $363.12 billion as on April 29, 2016, the Reserve Bank of India (RBI) has said.
Forex reserves surge to record high at $356 bn
Previous high was $355.5 bn recorded in June 2015
Forex reserves drop $1.9 bn to $351.73 bn
Foreign exchange reserves dipped $1.9 billion as on November 6, from a week ago, to $351.73 billion, according to data from the Reserve Bank of India.
Forex reserves fall for second straight week
India’s foreign exchange reserves fell for the second straight week, reflecting the Reserve Bank of India’s intervention in the exchange market in the wake of the global turmoil since mid-August.
Despite outflow, forex reserves up at $355 bn
Last week, forex reserves rose by $919.7 million but the rupee depreciated by 0.78%, data from the RBI showed.
Forex exchange reserves up by $ 920.6 mn to $ 355.35 bn
Country's foreign exchange reserves rose by USD 920.6 million to USD 355.353 billion in the week to August 21, on account of higher foreign currency assets.
Additional $60 bn forex needed to fight volatilities: HSBC
Foreign brokerage HSBC said the country needs at least $60 billion more in reserves to fight a sustained period of global volatilities.
