Page 2 of Forex reserves

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

Govt studying impact of financial sanctions on Russia: Anantha Nageswaran

V Anantha Nageswaran, India’s Chief Economic Advisor responded to the questions that seem to bother all. He says: “We have some…

Updated: March 3, 2022 10:34 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

Forex reserves surge by $3.91 billion to $588.02 billion

In the previous week ended April 23, the reserves had risen by $1.701 billion to $584.107 billion.

May 7, 2021 19:49 IST

rupee, exchange rate, rupee against dollar

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…

June 13, 2020 17:06 IST

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…

June 10, 2016 18:52 IST

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…

May 7, 2016 20:20 IST

Forex reserves surge to record high at $356 bn

Previous high was $355.5 bn recorded in June 2015

March 26, 2016 00:45 IST

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…

November 14, 2015 00:08 IST

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…

September 12, 2015 00:25 IST

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.

Updated: August 29, 2015 06:12 IST

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…

August 28, 2015 19:30 IST

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…

June 26, 2015 16:19 IST

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