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FOREIGN EXCHANGE RESERVES NEWS

Forex reserves gain for fourth week, hit near-five-month high

April 04, 2025 5:47 pm

In the week to which the reserves data pertains, the rupee gained 0.6% week-on-week, largely on the back of the return of foreign investors to the Indian equity market.

FX reserves hit near 11-month low as rupee slide continues to weigh

January 24, 2025 6:52 pm

The reserves declined by $1.89 billion in the reported week, and have fallen cumulatively by around $32.2 billion in the prior six weeks.

India central bank takes delivery of $5 billion dollar/rupee swap, bankers say

March 11, 2024 11:13 pm

The Reserve Bank of India's dollar/rupee sell-buy swap conducted in March 2022 matured on Monday. The central bank had the option to take delivery of the swap, roll it over entirely, or opt for a partial rollover.

Forex reserves fall $14.15 bn in last one month on valuation impact, RBI intervention

October 15, 2023 12:40 am

From $598.897 billion as of September 1, the foreign exchange reserves have dipped to $584.742 billion, the lowest in more than five months, on October 6, the RBI data showed.

Forex kitty down $15 bn in Feb as RBI steps in to stem rupee fall

February 25, 2023 12:22 am

The valuation loss on account of dollar appreciation against the major currencies also led to erosion in the country’s foreign exchange reserves during the month.

Forex reserves rise for 2nd week in a row

January 28, 2023 2:16 am

"Net FDI flows remain strong and foreign portfolio flows have resumed since July 2022, with intermittent outflows from time to time. The size of forex reserves is comfortable," Shaktikanta Das, Governor, RBI said at an event.

Forex reserves rise $11.02 billion to $561.162 billion

December 10, 2022 4:14 am

Reserves surge due to valuation gains, RBI’s dollar purchases

Forex reserves surge by $14.72 billion

November 19, 2022 12:56 am

The reserves stood at $544.715 billion in the reporting week, RBI data showed on Friday. It had risen by $16.63 billion in the week ended August 27, 2021.

Explained: Making use of forex reserves

July 25, 2022 6:53 am

India’s foreign exchange reserves have dipped $70 bn in 10 months. Before that, India had accumulated these in a most unconventional manner — which it is now deploying to defend the rupee.

‘India builds up forex reserves as China, others eye foreign assets’

April 21, 2022 4:50 am

Global reserves increased steadily from US$ 2 trillion in 1999 to US$ 12 trillion by 2014, but stagnated thereafter. “As a share of global GDP, after rising from 5.5 per cent in 2000 to 15.4 per cent in 2014, they are now below 14 per cent,” Credit Suisse said.

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