Forex Reserves
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India's forex reserves drop USD 1.98 billion to USD 652.86 billion
Business | December 20, 2024 18:12 ISTRBI said gold reserves increased by USD 1.121 billion to USD 68.056 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down by USD 35 million to USD 17.997 billion.
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India's forex reserves fall to USD 675.653 billion as of November 8, says RBI
Business | November 15, 2024 17:54 ISTThe fall is attributed to a dip in foreign currency assets, which form the largest component of the reserves. These assets saw a reduction in valuation as the dollar strengthened against major global currencies.
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India’s forex reserves drop for fifth week amid RBI’s possible intervention to support rupee
Business | November 08, 2024 18:53 ISTIndia’s foreign exchange reserves declined for the fifth consecutive week, dipping by $2.675 billion to $682.130 billion. This trend may indicate RBI’s market intervention to support the rupee amid currency volatility. Discover how reserve changes impact India’s economy and stability.
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India's forex reserves drop by $ 10.746 bn to $690.43 bn for week ending on October 11
Business | October 18, 2024 17:50 ISTIn the previous reporting week, the reserves had dropped by USD 3.709 billion to USD 701.176 billion, as per the RBI data.
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India's forex reserves drop $3.709 billion to $701.176 billion for week ended October 4: RBI
Business | October 11, 2024 17:30 ISTIndia's forex reserves dropped $3.709 billion to $701.176 billion for week ended October 4.
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India's forex reserve gained $66 billion in 2024, may cover year of projected imports
Business | September 15, 2024 15:57 ISTSo far this year's gains exceed India's cumulative foreign exchange rise in 2023. The rise in foreign exchange reserves, which saw a $71 billion dip in 2022, is significant in preventing the effects of global economic headwinds on the domestic economy.
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India's foreign exchange reserves jump by USD 7.023 billion to USD 681.688 billion
Business | August 31, 2024 17:50 ISTThe apex bank said that gold reserves increased by USD 893 million to USD 60.997 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were up by USD 118 million to USD 18.459 billion.
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India's foreign exchange reserves jump by USD 4.546 billion to USD 674.664 billion
Business | August 23, 2024 21:40 ISTBusiness news: Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
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India's forex reserves surge to record high of $666.85 billion as of July 12
Business | July 19, 2024 17:55 ISTWith increased reserves, India is better positioned to manage currency volatility and maintain economic stability amidst global uncertainties. This growth in reserves also reflects the success of India's economic policies and reforms aimed at attracting foreign investments and boosting exports.
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India's foreign exchange reserves jump by USD 816 million to USD 653.71 billion
Business | June 28, 2024 17:44 ISTThe apex bank said gold reserves increased by USD 988 million to USD 56.956 billion during the week. The Special Drawing Rights were down by USD 57 million to USD 18.049 billion.
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Indian forex reserve reaches all-time high with $648.7 billion for the week ending May 17: RBI
Business | May 24, 2024 18:13 ISTFollowing three weeks of successive increase, the Indian foreign exchange reserve registers all time high growth. Earlier in the week ending on April 5, the highest ever forex reserve was achieved with USD 648.562.
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India's foreign exchange reserves jump USD 3.7 billion
Business | May 11, 2024 12:30 ISTForex reserves are assets that are held by a nation's central bank or monetary authority. It's generally held in reserve currencies, usually US Dollar and, to a lesser degree, Euro, Japanese Yen, and Pound Sterling.
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India's forex reserves jump USD 2.98 billion to hit fresh peak of USD 648.56 billion: RBI
Business | April 12, 2024 17:53 ISTIndia's forex reserves jumped to hit a fresh peak of USD 648.56 billion, RBI said on Friday.
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India's foreign exchange reserves jump USD 2.95 billion to new all-time high of USD 645.58 billion
Business | April 05, 2024 18:02 ISTBusiness news: According to the Reserve Bank of India, Gold reserves increased USD 673 million to USD 52.16 billion during the week. The Special Drawing Rights were down USD 73 million to USD 18.145 billion, the apex bank added.
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India's foreign exchange reserves rise by USD 140 million to hit fresh peak of USD 642.63 billion
Business | March 30, 2024 11:51 ISTBusiness news: RBI said the gold reserves increased by USD 347 million to USD 51.487 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down by USD 57 million to USD 18.219 billion.
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India's foreign exchange reserves hit all-time high at USD 642.49 billion
Business | March 23, 2024 8:50 ISTBusiness news: Gold reserves during the week rose from USD 425 million to USD 51.140 billion. In the calendar year 2023, the RBI added about USD 58 billion to its foreign exchange kitty.
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India's foreign exchange reserves decline by USD 2.8 billion
Business | January 27, 2024 9:44 ISTBusiness news: Forex reserves or foreign exchange reserves (FX reserves), are assets that are held by a nation's central bank or monetary authority.
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India's forex reserves jump USD 9.112 billion to USD 615.971 billion
Business | December 22, 2023 18:28 ISTExpressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound, and yen held in the foreign exchange reserves. Gold reserves were up USD 446 million to USD 47.577 billion during the week, the RBI said.
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India's forex reserves drop USD 3.79 billion to USD 586.91 billion: Know the reason
India | October 06, 2023 19:57 ISTThe reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.
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India's foreign exchange reserves rise USD 4.5 billion to USD 588.78 billion
Business | May 06, 2023 14:55 ISTBusiness news: In October 2021, the country's foreign exchange reserves touched an all-time high of about USD 645 billion. Much of the decline can be attributed to RBI's recent intervention and a rise in the cost of imported goods.
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