Forex Reserves News - Latest Updates & Headlines
Services trade surplus, robust forex to keep India's current account in safe zone: Crisil
New Delhi, March 19: The surplus in services trade and robust flow of remittances in India provide a cushion and should keep the current account in the safe zone, a new Crisil report has said.
India's forex reserves see sharpest rise in 2 years
New Delhi, March 16: After the $10 billion forex swap undertaken by the central bank on February 28, when it bought dollars against rupee to inject liquidity in the system, the country's foreign exchange reserves saw a huge $15.267 billion spike during the week ended March 7.
India's forex reserves soar USD 15.3 billion, highest weekly jump in over 3 years
New Delhi, March 16: India's foreign exchange reserves had their highest weekly gains in over three years in the week ending March 7.
India forex reserves drop USD 1.8 billion to USD 639 billion in latest week
New Delhi, March 9: India's foreign exchange reserves slumped in the week that ended on February 28, as per latest RBI data.
India forex reserves snap three-week gains; decline USD 2.5 billion in latest week
New Delhi, February 23: India's foreign exchange reserves slumped in the week that ended on February 14, reversing the gains it had extended in the past three weeks.
India's forex reserves surge for 3rd straight week
Mumbai, Feb 15: India's foreign exchange reserves increased by $7.6 billion to stood at $638 billion as of February 7, according to latest data by the Reserve Bank of India (RBI).
India's forex reserves rise for third consecutive week
New Delhi, February 14: India's foreign exchange reserves extended their gains for the third straight week, after having slumped for about four months.
India's forex reserves rise for second consecutive week
New Delhi, February 8: India's foreign exchange reserves extended their gains for the second straight week, after having slumped for about four months.
Slump in India's forex reserves continues, hits 10-month low at USD 625.87 bn
Mumbai, January 19: India's foreign exchange reserves (Forex) continue to decline, extending their slump for the sixth consecutive week, standing at USD 625.87 billion as of January 10, according to the weekly data released by the Reserve Bank of India (RBI).
India's forex kitty at $634.59 billion, gold reserves rise by $824 million
Mumbai, Jan 10: : India's foreign exchange reserves fell by $5.7 billion to $634.59 billion for the week ended January 3, data released by the Reserve Bank of India (RBI) on Friday showed.
India's forex reserves continue to fall, kitty now stands 10% below peak
New Delhi, January 5: India's foreign exchange reserves continue to decline, extending downhill journey for three months now.