India’s forex reserves hit 20-month high; jump to $615.971 billion: RBI
1 year ago

India’s forex reserves hit 20-month high; jump to $615.971 billion: RBI

Live Mint  

Amid heavy inflows in Indian debt and equity markets, India's foreign exchange reserves rose for the fifth straight week, reaching an over 20-month high of $615.97 billion as of December 15, according to the data released by the Reserve Bank of India on Friday. The Reserve Bank of India's intervention in forex markets along with valuation changes impact reserves. Foreign exchange reserves also included India's Reserve Tranche position in the International Monetary Fund. This week, the Indian rupee continued to remain under pressure due to rising crude oil price triggered by evolving geopolitical situation and outflow of foreign funds, forex traders told PTI.

History of this topic

India's Forex Reserves Drop By $1.9 Billion, Hit Near 6-Month Low
Trending News
2 days, 19 hours ago
India's forex reserves drop USD 1.98 billion to USD 652.86 billion
4 days, 3 hours ago
Recent fall in forex reserves is not sharpest decline: MoS Finance in Lok Sabha
1 week ago
Indian rupee to face renewed pressure as US yields climb
1 week ago
Forex reserves fall by $3.23 billion; Rupee gains 10 paise
1 week, 4 days ago
Rupee hits record low, RBI intervention counters bearish tilt
1 week, 4 days ago
Rupee falls 7 paise to 84.73 against US dollar in early trade
2 weeks ago
India’s Forex Reserves rebound after 8 weeks of decline amid global uncertainty
2 weeks, 1 day ago
Forex reserves jump $1.51 bn to $658.091 bn
2 weeks, 3 days ago
After 7 weeks of losses, forex kitty adds $1.5 billion; rupee gains on RBI action
2 weeks, 4 days ago
At 78 tonnes, RBI’s Gold Purchases till Oct Second Highest After 2009
2 weeks, 4 days ago
India’s foreign exchange reserves decline for eighth consecutive week
Trending News
3 weeks, 2 days ago
India’s forex reserves hit 5-month low of $656 billion, drop by $47 billion in 7 weeks; Rupee crashes to 8-month low
Trending News
3 weeks, 3 days ago
India's forex reserves drop USD 1.31 billion to USD 656.58 billion as of November 22: RBI
3 weeks, 4 days ago
Rupee rises 7 paise to 84.22 against US dollar in early trade
3 weeks, 6 days ago
India rupee to gauge portfolio flows, bond yields to eye US peers
4 weeks, 1 day ago
India’s forex reserves hit steepest weekly drop on record at over four month low to $657.8 billion; Here’s why
1 month ago
India rupee to lean on central bank help; bonds to track US peers
1 month ago
India’s forex reserves fall for sixth straight week to hit 3-month low of $675.6 billion, down $29 billion from peak
1 month, 1 week ago
Forex reserves dip for fifth week to over two-month low, rupee slides to record low
1 month, 2 weeks ago
India’s forex reserves drop for fifth week amid RBI’s possible intervention to support rupee
1 month, 2 weeks ago
India's Forex Reserves Soar to $704.885 Billion, Breaking Record Milestone
2 months, 2 weeks ago
Stock markets: Sensex falls 91 points, Nifty declines over 27 points to 25,356 in early trade
3 months, 1 week ago
Rupee flat as oil firms' dollar bids offset impact of rise in Asia FX
3 months, 1 week ago
India's forex reserve gained $66 billion in 2024, may cover year of projected imports
3 months, 1 week ago
Rupee rises 6 paise to close at 83.90 against U.S. dollar
3 months, 1 week ago
Rupee trades in narrow range against U.S. dollar in early trade
3 months, 2 weeks ago
Rupee rises 11 paise to 83.84 against U.S. dollar in early trade
4 months ago
India's forex reserves drop by $4.8 billion to $670.11 billion
4 months, 1 week ago
Rupee trades in narrow range against US dollar in early trade
4 months, 1 week ago
Forex kitty crosses USD 670 billion, but rupee falls by two paise
4 months, 4 weeks ago
Forex kitty up by $10 billion to $667 billion
5 months ago
India’s Booming Forex Reserves: Hidden Risks and Economic Concerns
5 months, 2 weeks ago
India's Forex Reserves Jump By $816 Million to $653.71 Billion; Details Here
5 months, 3 weeks ago
India's foreign exchange reserves jump by USD 816 million to USD 653.71 billion
5 months, 3 weeks ago
India's foreign assets increased more than liabilities in 2023-24: RBI data
5 months, 4 weeks ago
Rupee sees range-bound trade against U.S. dollar in morning deals
5 months, 4 weeks ago
India's Forex Reserves Fall $2.92 Billion to $652.9 Billion, Gold Holding Falls $1 Billion
6 months ago
India's forex reserves decline USD 2.922 billion to USD 652.895 billion, retreat from record highs: RBI
6 months ago
India's Forex Reserves Hit All-Time High of $655.8 Billion, Gold Holdings Rise to $57 Billion: RBI Data
6 months, 1 week ago
India's forex reserves touch fresh highs at USD 655.8 billion
6 months, 1 week ago
Forex Update: India's Foreign Exchange Reserves Hit All-Time High of $651.51 Billion
6 months, 2 weeks ago
India's forex reserves hit record high of $651.5 billion as of May 31
6 months, 2 weeks ago
Rupee rises 1 paisa to 83.43 against U.S. dollar in early trade
6 months, 2 weeks ago
Forex Update: India's Foreign Exchange Reserves Fall $2 Billion to $646.67 Billion
6 months, 3 weeks ago
Rupee rises 3 paise to 83.10 against U.S. dollar in early trade
6 months, 3 weeks ago
Welcome bounty: On the RBI’s ₹2.11-lakh-crore transfer to the Union government
6 months, 4 weeks ago
Indian forex reserve reaches all-time high with $648.7 billion for the week ending May 17: RBI
7 months ago
India Sees FX Reserves as Main Tool to Manage Bond Index Inflows
7 months, 1 week ago
India’s forex reserves rise for seventh straight week, jump $2.9 billion to hit all-time high of $648 billion
8 months, 1 week ago

Discover Related