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Monday, May 23, 2022

foreign exchange


Forex reserves drop $11.17 billion

April 09, 2022 3:55 am

The steep fall in the reserves was because of a decline in the core currency assets, which fell by $10.727 billion to $539.727 billion

Current account deficit widens to 2.7 per cent of GDP in Q3

March 31, 2022 11:42 pm

The current account deficit was 1.2 per cent of GDP in April-December 2021 as against a surplus of 1.7 per cent in April-December 2020 on the back of a sharp increase in the trade deficit, the RBI said on Thursday.

Biggest in nearly 2 years: Forex reserves fall $9.64 bn on RBI’s Re management

March 20, 2022 7:15 am

Rupee has depreciated against USD amid crude price pressure, FPI outflow

Currency assets boost forex reserves to $631.9 bn

March 13, 2022 1:44 am

During the previous week ended February 25, the foreign exchange — or forex — reserves had declined by $1.425 billion to $631.527 billion. In the reporting week, the gain in reserves was fuelled by a rise in the foreign currency assets (FCA).

Over $2-billion rise in currency assets pushes forex reserves to $631.9 billion

February 13, 2022 6:58 am

During the previous week ended January 28, the foreign exchange, or forex, reserves had recorded a decline of $4.531 billion to reach $629.755 billion, according to RBI data

Forex reserves slide for fourth straight week amid decline in currency assets

December 26, 2021 2:21 am

🔴 For the previous week ended December 10, the foreign exchange — or forex — reserves had fallen by $77 million to $635.828 billion.

RBI Watch Foreign Exchange: Reserves rise nearly $2 bn on currency assets, gold; fall shy of all-time high

November 07, 2021 1:08 am

According to the RBI data released on Friday, foreign currency assets (FCA), a vital component of the overall reserves, rose by $1.363 billion to $578.462 billion for the reporting week.

Gains moderate to $835 mn, but forex reserves steady on record high path

July 25, 2021 1:39 am

During the reporting week ended July 16, 2021, the increase in foreign exchange — or forex — reserves was on account of the rise in foreign currency assets (FCA), the weekly RBI data released on Friday showed.

Fuelled by rising currency assets, forex reserves race past $600 bn

June 12, 2021 1:46 am

The reserves surged to a record $605.008 billion in the reporting week, helped by a rise in foreign currency assets (FCA), a major component of the overall reserves, as per weekly data by the Reserve Bank of India (RBI).

Forex reserves fall by USD 4.255 bln to USD 580.299 bln

March 12, 2021 9:00 pm

The FCA dipped by USD 3.002 billion to USD 539.613 billion, the Reserve Bank of India's (RBI) weekly data showed.