foreign currency assets News

Forex Reserves Climb for Fifth Consecutive Week Amid Global Dollar Decline

Forex reserves in India have risen for the fifth consecutive week, reaching $676.3 billion amid a global decline in the dollar value. The increase is attributed to RBI's dollar pur...

India's Forex Reserves Experience Record Surge: A $15.26 Billion Leap in Two Years

India's foreign exchange reserves surged by USD 15.26 billion, the largest increase in over two years, reaching USD 653.966 billion. This significant boost is attributed to a USD 1...

India's Forex Reserves Hit 11-Month Low: A $639 Billion Wake-Up Call

India's foreign exchange reserves have decreased to $639 billion, marking an 11-month low. The RBI's intervention to stabilize the Rupee and the composition of the reserves are key...

India's Forex Reserves Witness a Sharp Decline: A $1.8 Billion Drop to $639 Billion

India's forex reserves decreased by $1.8 billion to $638.7 billion as of February 28, with foreign currency assets and gold reserves seeing significant reductions. The SDRs, howeve...

India's Forex Reserves Skyrocket: A $7 Billion Leap to Surpass $638 Billion Milestone

India's foreign exchange reserves have seen a significant increase of $7.654 billion, reaching $638.261 billion by February 7. This marks the third consecutive week of growth, driv...

India's Forex Reserves Witness Third Monthly Decline Amidst Market Volatility

India's foreign exchange reserves have declined for the third consecutive month, with a $4.112 billion drop in the week ending December 27, 2024. The RBI's intervention in currency...