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India's Forex Reserves Drop By $1.9 Billion, Hit Near 6-Month Low

ABP News

India's foreign exchange reserves decreased by $1.9 billion to $653 billion in the week ending December 13, marking a six-month low, according to the latest data from the Reserve Bank of India. India's foreign exchange reserves had reached a record high of $705 billion in the week ending September 27. However, reserves have declined by $52 billion in the current …

India Foreign Exchange Billion Rupee Reserve Reserves

4 days, 12 hours ago

India's forex reserves drop USD 1.98 billion to USD 652.86 billion

India TV News

India's forex reserves dropped by USD 1.988 billion to USD 652.869 billion for the week ended December 13, the Reserve Bank of India said on Friday. In the previous reporting week, the overall reserves had dropped by USD 3.235 billion to USD 654.857 billion. For the week ended December 13, foreign currency assets, a major component of the reserves, decreased …

India Billion Usd Reserves Forex Reserve

1 week, 1 day ago

Recent fall in forex reserves is not sharpest decline: MoS Finance in Lok Sabha

Live Mint

New Delhi, December 16 : The government on Monday clarified that the recent decline in India's foreign exchange reserves is not the highest decline in the country's history. Minister of State for Finance, Pankaj Chaudhary, stated in a written reply in the Lok Sabha that the reserves declined by 2.63 per cent during the week ending November 15, 2024, compared …

India Indian Decline Rupee Reserves

1 week, 4 days ago

Forex reserves fall by $3.23 billion; Rupee gains 10 paise

New Indian Express

MUMBAI: With the rupee hitting a new low of 84.88 to the dollar last week, the Reserve Bank of India continued selling the greenback, resulting in a further decline in forex reserves by $3.23 billion, bringing them to $654.86 billion for the week ending December 6. According to the weekly statistical supplement released by the central bank on Friday, foreign …

Billion Low Rupee Reserve 10 Paise Paise Forex

2 weeks, 2 days ago

India’s Forex Reserves rebound after 8 weeks of decline amid global uncertainty

Live Mint

India's foreign exchange reserves have seen a resurgence after an eight-week decline that pushed them to multi-month lows. According to data released by the Reserve Bank of India earlier this week, reserves increased by USD 1.51 billion, reaching USD 658.091 billion for the week ending November 29. This recovery follows a sustained dip from September's all-time high of USD 704.89 …

India Crore Billion Rbi Usd Reserve Forex

2 weeks, 4 days ago

Forex reserves jump $1.51 bn to $658.091 bn

Deccan Chronicle

Mumbai: India's forex reserves increased by USD 1.51 billion to USD 658.091 billion for the week ended November 29, the RBI said on Friday. For the week ended November 29, foreign currency assets, a major component of the reserves, increased by USD 2.061 billion to USD 568.852 billion, the data released on Friday showed. Gold reserves decreased by USD 595 …

Billion Usd Forex Reserves Reserves Increased

2 weeks, 4 days ago

After 7 weeks of losses, forex kitty adds $1.5 billion; rupee gains on RBI action

New Indian Express

MUMBAI: For the first time in eight weeks, India's forex reserves have increased by a modest $1.51 billion, reaching $658.091 billion for the week ending November 29, after a loss of over $50 billion in the previous seven weeks. According to the weekly statistical supplement issued by the Reserve Bank Friday, the forex kitty made the first recovery in eight …

Billion Rupee Reserve Reserves

India’s forex reserves hit 5-month low of $656 billion, drop by $47 billion in 7 weeks; Rupee crashes to 8-month low

Live Mint

India's foreign exchange reserves extended losses for the eighth consecutive week to hit a five-month low after dropping by $47 billion cumulatively in the last seven weeks. The forex reserves dropped by $1.31 billion to $656.582 billion for the week ended November 22, Reserve Bank of India data showed on Friday. Forex traders said dollar demand from importers for meeting …

India Trump Billion Cent Foreign Rbi Low

3 weeks, 4 days ago

India's forex reserves drop USD 1.31 billion to USD 656.58 billion as of November 22: RBI

India TV News

India's forex reserves dropped USD 1.31 billion to USD 656.58 billion for the week ended November 22, the Reserve Bank of India said. For the week ended November 22, foreign currency assets -- a major component of the reserves -- decreased USD 3.043 billion to USD 566.791 billion, the data, which was released on Friday, showed. India's reserve position with …

India Billion Rbi Usd Forex Reserves

1 month ago

India’s forex reserves hit steepest weekly drop on record at over four month low to $657.8 billion; Here’s why

Live Mint

India's foreign exchange reserves fell to a more-than-four-month low last week, marking the sharpest weekly fall on record, dragged by a stronger US dollar following the US election verdict. It also indicated the Reserve Bank of India likely sold dollars in the market to support the local currency and limit its further decline after it dropped to a record low …

India Currency Billion Foreign Rbi Low Rupee

1 month, 1 week ago

India’s forex reserves fall for sixth straight week to hit 3-month low of $675.6 billion, down $29 billion from peak

Live Mint

India's foreign exchange reserves dropped for a sixth consecutive week to a near 3-month low of $675.65 billion as of Nov. 8, data from the Reserve Bank of India showed on Friday. In the previous reporting week, the forex reserves had dropped by USD 2.675 billion to USD 682.13 billion. For the week ended November 8, foreign currency assets, a …

India Billion Foreign Rbi Usd Reserves Foreign Currency Assets

1 month, 2 weeks ago

Forex reserves dip for fifth week to over two-month low, rupee slides to record low

New Indian Express

MUMBAI: The foreign exchange reserves continued to fall for the fifth consecutive week to an over two-month low of $682.13 billion for the week ending November 1, dropping by $2.7 billion as the central bank continued to defend the unit which has been under continuous assault by the dollar. Since the peak it climbed in the week to September 27, …

Billion Low Forex

1 month, 2 weeks ago

India’s forex reserves drop for fifth week amid RBI’s possible intervention to support rupee

India TV News

India’s foreign exchange reserves fell for the fifth consecutive week, falling $2.675 billion to $682.130 billion in the week ended November 1, according to RBI data. The record reserves of $704.885 billion are slowly dwindling, likely due to RBI intervention to support the rupee. Reserve levels falling after all-time highs Recent reserve declines that peaked last month included $3.7 billion, …

India Foreign Exchange Billion Rbi Rupee Making

2 months, 2 weeks ago

India's Forex Reserves Soar to $704.885 Billion, Breaking Record Milestone

Live Mint

India's foreign exchange reserves have reached a new milestone, crossing the $700 billion mark for the first time. This surge has been driven by valuation gains and dollar purchases made by the RBI. India is now only the fourth economy in the world to reach this significant milestone, joining China, Japan, and Switzerland.

3 months, 1 week ago

India's forex reserve gained $66 billion in 2024, may cover year of projected imports

India TV News

India's foreign exchange reserves have been increased by $66 billion this year as it continue to rise for months, hitting several all-time highs. In contrast, India's foreign exchange reserves saw a decline of $ 71 billion in 2022. Forex reserves, or foreign exchange reserves, are assets held by a nation's central bank or monetary authority. Foreign exchange reserves are generally …

India Billion Rbi Reserve Foreign Exchange Reserves Forex Reserves

4 months ago

Rupee rises 11 paise to 83.84 against U.S. dollar in early trade

The Hindu

The Indian rupee appreciated 11 paise to 83.84 against the U.S. dollar in early trade on Monday, mirroring a positive momentum in domestic equities and fresh foreign fund inflows. “The rupee emerged as the least volatile among its peer currencies, a testament to the RBI’s decisive actions, which were further reflected in the nearly $5 billion dip in India’s Forex …

India Billion Rupee 11 Paise Forex Pabari

4 months, 1 week ago

India's forex reserves drop by $4.8 billion to $670.11 billion

Hindustan Times

India's forex reserves dropped by USD 4.8 billion to USD 670.119 billion for the week ended August 9, the Reserve Bank of India said on Friday. India's forex reserves dropped by USD 4.8 billion to USD 670.119 billion for the week ended August 9 In the previous reporting week, the kitty jumped by USD 7.533 billion to an all-time high …

India Billion Usd Reserves

4 months, 3 weeks ago

Ethiopia currency slides as central bank eases forex curbs

Hindustan Times

Ethiopia's central bank announced on Monday that it was easing curbs on its foreign exchange regime, a move which saw the value of the local currency slide by about 30 percent. Ethiopia currency slides as central bank eases forex curbs The major reform was unveiled as the deeply indebted country awaits a multi-billion dollar deal on crucial funding from the …

Central Bank Bank Currency Nbe Curbs Ethiopia

4 months, 4 weeks ago

Forex kitty crosses USD 670 billion, but rupee falls by two paise

New Indian Express

MUMBAI: The nation’s forex reserves have touched a new all-time high of $670.86 billion for the week ending July 19, adding $4 billion from the previous week, as foreign funds continue to flow in the country after the government bond inclusion into a global debt index last month. According to the weekly statistical supplement issued by the Reserve Bank Friday, …

Billion Reserve Forex Kitty

5 months ago

Forex kitty up by $10 billion to $667 billion

New Indian Express

MUMBAI: The country’s forex reserves, a key monetary defence against external risks, have rallied by a whopping $10 billion to touch an all-time high of $666.85 billion as of the week ending July 12, boosted by the heavy inflow into government debt after its inclusion into a global debt index from late last month. According to the latest data released …

Billion Forex Kitty

5 months, 2 weeks ago

India’s Booming Forex Reserves: Hidden Risks and Economic Concerns

The Hindu

Published : Jul 08, 2024 11:43 IST - 6 MINS READ Figures on India’s balance of payments in financial year 2023-24, released by the Reserve Bank of India recently, have added to the hype on India’s growth story. India’s current account deficit, or the surplus of current foreign exchange expenditures and outflows over current foreign exchange earnings and receipts, fell …

India Banking Assets Capital Billion Foreign Reserve

5 months, 3 weeks ago

India's Forex Reserves Jump By $816 Million to $653.71 Billion; Details Here

News 18

India’s foreign exchange reserves increased by $816 million to $653.711 billion during the week ended June 21, according to the latest RBI data. According to the latest RBI data released on June 28, India’s gold reserves rose $988 million to $56.956 billion during the week ended June 21, while the special drawing rights fell $57 million to $18.049 billion. For …

India Billion Million Rbi Reserves Forex Reserves

6 months ago

India's Forex Reserves Fall $2.92 Billion to $652.9 Billion, Gold Holding Falls $1 Billion

News 18

After hitting all-time high levels following continuous gains, India’s foreign exchange reserves fell $2.922 billion to $652.895 billion during the week ended June 14, according to the latest data from the Reserve Bank of India. This decline follows a significant increase of $4.307 billion in the previous reporting week, which pushed the reserves to a record high of $655.817 billion …

India Reserves Forex Reserves Billion Gold

6 months ago

India's forex reserves decline USD 2.922 billion to USD 652.895 billion, retreat from record highs: RBI

India TV News

In its latest report, the Reserve Bank of India said that India's foreign exchange reserves witnessed a decline of USD 2.922 billion to reach USD 652.895 billion as of June 14. Specifically, foreign currency assets, a pivotal component of the reserves, decreased by USD 2.097 billion to USD 574.24 billion during the same period, as indicated by the data released …

India Billion Rbi Usd Reserves

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Articles for Forex, search results for reserves

India's Forex Reserves Drop By $1.9 Billion, Hit Near 6-Month Low

India's forex reserves drop USD 1.98 billion to USD 652.86 billion

Recent fall in forex reserves is not sharpest decline: MoS Finance in Lok Sabha

Forex reserves fall by $3.23 billion; Rupee gains 10 paise

India’s Forex Reserves rebound after 8 weeks of decline amid global uncertainty

Forex reserves jump $1.51 bn to $658.091 bn

After 7 weeks of losses, forex kitty adds $1.5 billion; rupee gains on RBI action

India’s forex reserves hit 5-month low of $656 billion, drop by $47 billion in 7 weeks; Rupee crashes to 8-month low

India's forex reserves drop USD 1.31 billion to USD 656.58 billion as of November 22: RBI

India’s forex reserves hit steepest weekly drop on record at over four month low to $657.8 billion; Here’s why

India’s forex reserves fall for sixth straight week to hit 3-month low of $675.6 billion, down $29 billion from peak

Forex reserves dip for fifth week to over two-month low, rupee slides to record low

India’s forex reserves drop for fifth week amid RBI’s possible intervention to support rupee

India's Forex Reserves Soar to $704.885 Billion, Breaking Record Milestone

India's forex reserve gained $66 billion in 2024, may cover year of projected imports

Rupee rises 11 paise to 83.84 against U.S. dollar in early trade

India's forex reserves drop by $4.8 billion to $670.11 billion

Ethiopia currency slides as central bank eases forex curbs

Forex kitty crosses USD 670 billion, but rupee falls by two paise

Forex kitty up by $10 billion to $667 billion

India’s Booming Forex Reserves: Hidden Risks and Economic Concerns

India's Forex Reserves Jump By $816 Million to $653.71 Billion; Details Here

India's Forex Reserves Fall $2.92 Billion to $652.9 Billion, Gold Holding Falls $1 Billion

India's forex reserves decline USD 2.922 billion to USD 652.895 billion, retreat from record highs: RBI