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Tuesday, May 17, 2022

Forex reserves

FOREX RESERVES NEWS

‘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.

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

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 decline by $678 mn amid drop in foreign currency assets

January 30, 2022 8:44 am

🔴 During the reporting week ended January 21, the dip in the reserves was on account of a drop in the FCA, a major component of the overall reserves, as per the Reserve Bank of India’s (RBI) weekly data released on Friday.

Forex reserves stem decline, down for third straight week

December 19, 2021 2:04 am

During the reporting week, the dip in the foreign exchange — or forex — kitty was on account of a decline in foreign currency assets (FCA), a vital component of the overall reserves.

Forex reserves fall for second week in a row, down $763 mn

November 21, 2021 1:19 am

In the preceding week ended November 5, the reserves decreased by $1.145 billion to $640.874 billion. They had touched a lifetime high of $642.453 billion in the week ended September 3.

Fall in currency, gold assets pulls down forex reserves by $1.1 billion

November 14, 2021 1:04 am

In the preceding week ended October 29, the foreign exchange — or forex — reserves had reported a strong growth of $1.919 billion to reach $642.019 billion, in touching distance of the record level of $642.453 billion seen in the week ended September 3.

Reserves overcome slump, rise $2.03 billion to hit $639.5 billion

October 17, 2021 3:59 am

In the previous week ended October 1, the foreign exchange — forex — reserves had slid by $1.169 billion to $637.477 billion. The forex kitty had surged by $8.895 billion to a life time high of $642.453 billion in the week ended September 3.

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