Forex reserves

Forex reserves drop marginally to $337.79 bn

After rising for consecutive weeks, India's foreign exchange reserves marginally declined by USD 286.3 million to USD 337.793 billion in the week to March 6 despite a rise in foreign currency assets (FCAs).

Mar 13, 2015, 20:48 PM IST

Forex reserves to scale pass $380 bn this year: Barclays

British brokerage Barclays has said it sees the Reserve Bank continuing to shore up the forex reserves, which have been hitting new highs for many months, to the tune of USD 50 billion to take the overall kitty to over USD 380 billion by December.

Mar 12, 2015, 22:10 PM IST

Forex reserves jump $16.4 bn in first 9 months of FY'15: RBI

India's foreign exchange reserves increased by USD 16.4 billion in nominal terms during the first nine months of the current fiscal.

Mar 10, 2015, 23:37 PM IST

RBI buys $12.2 billion from markets in January

The Reserve Bank bought a record USD 12.137 billion (net) in January from the spot market to contain rupee volatility and to increase forex reserves.

Mar 10, 2015, 21:31 PM IST

Forex reserves hit new high at over USD 338 bn

Foreign exchange reserves rallied to a new life-time high at USD 338.079 billion, an increase of USD 3.886 billion in the week to February 27, on account of higher foreign currency assets.

Mar 08, 2015, 11:54 AM IST

Forex reserves continue to jump, hit new high at $334.2 bn

The foreign exchange reserves have touched a new life-time high at USD 334.193 billion, up USD 1.023 billion, in the week to February 20, on account of higher foreign currency assets, the Reserve Bank said Friday.

Feb 27, 2015, 18:05 PM IST

Forex reserves hit new record high at USD 333 billion

India's foreign exchange reserves have hit a fresh high, rising by USD 2.956 billion to USD 333.169 billion in the week to February 13, helped by a healthy increase in foreign currency assets.

Feb 21, 2015, 17:24 PM IST

India's forex reserves reach $330 billion

India`s foreign exchange reserves rose to around $330 billion Feb 6, up from $327.8 billion a week before, the Reserve Bank of India (RBI) said Friday.

Feb 13, 2015, 21:53 PM IST

India's forex reserves down $97.9 million to $322 billion

Special drawing rights decreased by USD 61.4 million to USD 4.047 billion.

Jan 30, 2015, 22:59 PM IST

FM Jaitley for tax reforms and quick decisions to ensure stability

Ahead of the Budget, Finance Minister Arun Jaitley on Tuesday underlined the need for tax reforms and quick decision making to ensure stability in policy regime.

Jan 27, 2015, 20:48 PM IST

India’s Forex reserves down $1.64 billion

According to the RBI’s weekly statistical supplement, foreign currency assets, the biggest component of the Forex reserves, plunged $867.4 million at $289.95 billion in the week under review.

Dec 13, 2014, 15:47 PM IST

Forex reserves decline to $314.6 billion

The country's gold reserves, too, dropped by USD 753.2 million to USD 18.985 billion.

Dec 12, 2014, 19:47 PM IST

India forex reserves up $1.432 billion to $316.311 billion

The country's reserves surged by USD 1.432 billion to USD 316.311 billion in the week to November 28 due to rise in foreign currency assets, RBI data showed Friday.

Dec 05, 2014, 21:11 PM IST

India's forex reserves down $672 million

According to the RBI`s weekly statistical supplement, foreign currency assets, the biggest component of the forex reserves, declined $664.3 million at $289.39 billion in the week under review.

Nov 29, 2014, 14:29 PM IST

India forex reserves up $495.5 mn to $314.77 bn

FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as the euro, pound and yen held in reserves.

Oct 31, 2014, 20:06 PM IST

Unearthing black money can add $30 bn to FX reserves: BofA

The unearthing of capital flight of "black" money Indians have allegedly stashed away in Swiss banks could add USD 30 billion to the country's forex reserves, says a Bank of America Merrill Lynch report.

Oct 29, 2014, 14:49 PM IST

India forex reserves up $1.309 bn to $312.737 billion

After falling for five straight weeks, the country's reserves rose by whopping USD 1.309 billion to USD 312.737 billion in the week to October 10, on account of rise in foreign currency assets, according to data released by the RBI Friday.

Oct 17, 2014, 21:46 PM IST

Forex reserves continue to fall; down by another $1.4 bn

Falling for the fourth week in a row, India's foreign exchange reserves went down by USD 1.415 billion to USD 314.181 billion in the week to September 26 on account of a hefty drop in non-US currency assets.

Oct 03, 2014, 18:34 PM IST

India's forex reserves down $1.61 bn

The reserves had fell by $1.32 billion to $317.31 billion for the week ended September 5.

Sep 20, 2014, 11:14 AM IST

Forex reserves up by $60.5 million to $318.64 billion

The country's foreign exchange reserves surged by USD 60.5 million to USD 318.64 billion for the week ended August 29, as foreign currency assets rose, the Reserve Bank of India (RBI) said on Friday.

Sep 05, 2014, 19:47 PM IST