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Latest Articles in forex reserves

India's Forex Reserves Up By $2.04 Bn To $639.51 Bn

The reserves had surged by $8.895 billion to a lifetime high of $642.453 billion in the week ended September 3.

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Forex Reserves Down By USD 1.47 Billion To USD 639.64 Billion

The foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

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Forex Reserves Rise $8.895 Bn To Record High Of $642.453 Bn

the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

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Forex Reserves Zoom To Record High Of USD 612.73 Bn

Foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

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Forex Reserves Rise By USD 5 Bn To Lifetime High Of USD 609 Bn

The foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

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We Always Worry About How Rating Agencies Will React To A Large Stimulus--Omkar Goswami, Chairman, CERG Advisory

Omkar Goswami, noted economist & Chairman, CERG Advisory tells BW Businessworld’s Manish Kumar Jha that Indian economy must find its way into global trade. He says that while South-East Asian and East Asian countries were creating world-class exporting capacities and related infrastructure, we focused on import substitution. As we still do, for what else is ‘Atmanirbhar Bharat’, he asks. Excerpts of the interaction

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Forex Reserves Surge USD 5.27 Bn To Lifetime High Of USD 598.16 Bn

The rise in the reserves, for the week ended May 28, was mainly on account of an increase in foreign currency assets (FCAs), a major component of the overall reserves.

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Forex Reserves Near Record High, Jump USD 563 Mn To USD 590.028 Bn

FCAs jumped by USD 377 billion to USD 546.87 billion in the reporting week, as per weekly data by the Reserve Bank of India (RBI).

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Forex Reserves Surge By USD 3.91 Bn To USD 588.02 Bn

The forex kitty had touched a lifetime high of USD 590.185 billion in the week ended January 29, 2021

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Forex Reserves Rise USD 1.701 Bn To USD 584.107 Bn

Gold reserves increased by USD 615 million to USD 35.969 billion in the reporting week, according to the RBI data.

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Forex Reserves Drop By USD 2.415 Bn To USD 576.869 Bn

The gold reserves dropped by USD 884 million to USD 34.023 billion in the reporting week, as per the central bank data.

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Forex Reserves Up By USD 169 Mn To USD 583.865 Bn

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

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Rupee Hits Near 6-Month High On Foreign Inflows, RBI Absence

The partially convertible rupee rose to a high of 73.28 per dollar, its strongest since March 5. It was trading at 73.34/35 at 0645 GMT compared to its close of 73.83 on Thursday.

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Forex Reserve: Why It's Important For Economy

Forex Reserves are outside resources in the form gold, SDRs (special drawing rights of the IMF) and foreign cash resources collected by India and constrained by the Reserve Bank of India.

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India's Balance Of Payments Position Improves To $433.7 Billion

The Survey notes that India's merchandise trade balance improved from 2009-14 to 2014-19 on the back of the decline in crude prices.

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