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Latest Articles in forex reserves
India's Forex Reserves Almost Touch $600 Bn, Hit One-year High
India's foreign currency assets, the biggest component of the forex reserves, rose by USD 3.577 billion to USD 529.598 billion
Read MoreIndia's Forex Reserves Rise $4.5 Bn To $588.78 Bn
India's foreign currency assets, the biggest component of the forex reserves, rose by USD 4.996 billion to USD 519.485 billion
Read MoreIndia’s Forex Reserves Fall By $2.1 Bn To $584.2 Bn
India’s foreign currency reserves reached an all-time high of USD 645 billion in October 2021
Read MoreForex Reserves Rise For 4 Weeks In A Row, Reach 9-month High
Over the previous reporting week, total reserves increased by USD 6.306 billion to USD 584.755 billion and after a fourth week of gains, the index has achieved its highest level since July 2022
Read MoreIndia’s Forex Reserves At 9-month High, Reaches $584.75 Bn
Although the forex kitty has reached a nine-month high, the reserves have actually been dropping as the RBI deploys it to defend rupee amid pressures caused on the global front
Read MoreForeign Currency Reserves Rise To 6-Week High Of $572.8 Bin
The central bank intervenes in the spot and forwards markets to prevent the rupee's exchange rate from spiking against the dollar
Read MoreForex Reserves Drops $325 Mn To $561 Bn
This is a third consecutive week of decline in overall forex reserves
Read MoreIndia’s Forex Reserves Drop By $1.5 Bn to $575.3 Bn As Of Feb 3
Country’s foreign currency assets a major component of the reserves, declined by USD 1.323 billion to USD 507.695 billion
Read MoreIndia's Forex Reserves Continue To Rise For Three Weeks
India's foreign currency assets, the biggest component of the forex reserves, rose by USD 2.660 billion to USD 509.018 billion
Read MorePakistan’s Forex Reserves Dip To $ 4.34 Bn, Left With Three Weeks Of Import Cover
Pakistan is expecting to receive money in post-flood financial support from the international community and raised more than USD 10 billion at a donor conference held in Geneva on 10 January even though Pakistan Prime Minister Shehbaz Sharif had originally raised a demand of USD 16 billion from global donors, as per the Financial Post report
Read MoreIndia's Forex Reserves Surge Over $10 Bn To Hit Five-month High
The forex reserves had been intermittently falling for months now, barring the latest jump, largely because of the RBI's intervention in the market to defend the depreciating rupee against a surging US dollar
Read MoreIndia’s Forex Reserves Decline For Second Straight Week
For the week ended 16 December 2022, the country's reserves were at USD 563.50 billion
Read MoreIMF Approves $3 Bn Loan To Egypt Amid High Inflation, Forex Shortages
Approval of the USD 3 billion loans allows for an immediate disbursement of approximately USD 347 million to Egypt, which will help meet the balance of payments needed and provide support to the budget
Read MoreForex Reserves Rise For 2nd Consecutive Week, Reaches $547.25 Bn
During the week, India’s Foreign Currency Assets (FCA), major component of overall reserves, grew by USD 1.76 billion to USD 484.28 billion
Read MoreIndia’s Forex Reserves Rose By $6.56 Bn To Break Two Week Long Dip
The foreign exchange reserves rose to USD 531.08 billion in the week ending Oct. 28, augmented by increase in foreign currency assets and gold reserves
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