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Forex Reserves

India's Forex Kitty Jumps By $12.8 Billion To $572.8 Billion

For the week ended March 17, the foreign currency assets, a major component of the reserves, increased by $10.485 billion to $505.348 billion

24 March 2023

IMF Giving ‘Tough Time’ During Talks For Loan Restoration: Pakistan Prime Minister

Pakistan's central bank said on Friday that its foreign exchange reserves have dropped by 16.1 per cent to USD 3.09 billion at the end of the last fiscal week, the lowest in nearly 10 years

03 February 2023

India's Foreign Exchange Reserves Decline $691 Million To $562.81 Billion

The overall reserves had dropped by $571 million to $563.499 billion in the previous reporting week, snapping a five-week trend of an increase in the kitty

30 December 2022

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

India's Forex Reserves Drop By $5.68 Billion To $561.26 Billion

India's forex kitty had reached an all-time high of $645 billion in October 2021

24 February 2023

Reserve Bank of India

Forex Reserves Zoom By $10.417 Billion To $572 Billion

In the previous reporting week, the overall reserves had dropped by USD 1.268 billion to USD 561.583 billion

20 January 2023

Forex Reserves Swell By $2.91 Billion To $564.06 Billion

Forex Reserves Swell By $2.91 Billion To $564.06 Billion As Of December 9

Foreign currency assets (FCA), a major component of the overall reserves, increased by USD 3.141 billion to USD 500.125 billion during the week to December 9

16 December 2022

Rupee Falls 65 Paise To Close At 82.73 Against US Dollar

In the previous session on Friday, the rupee settled at 82.08 against the US dollar

06 February 2023

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Foreign exchange reserves of Pakistan's central bank SBP have fallen to its four-year low of USD 6.72 billion in the week

Pakistan's Foreign Exchange Reserves Fall To Four-Year Low Of $6.72 Billion

According to the State Bank of Pakistan (SBP), the forex reserves have declined by USD 784 million in the week ended on December 2

09 December 2022

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09 December 2022
Foreign Exchange Kitty Soars $11 Billion To $561.16 Billion

Foreign Exchange Kitty Soars $11 Billion To $561.16 Billion

This is the fourth consecutive week of rise in the reserves. In the previous reporting week, the overall reserves had grown by $2.9 billion to $550.14 billion


11 November 2022
Forex Kitty Drops By $1.09 Billion To $529.9 Billion

Forex Kitty Drops By $1.09 Billion To $529.9 Billion

In the previous reporting week, the reserves had swelled by $6.561 billion to reach $531.081 billion, making it the biggest weekly jump in a year


27 October 2022
Kharge Demands Answers From PM, FM On Declining Forex Reserves, Falling Rupee

Kharge Demands Answers From PM, FM On Declining Forex Reserves, Falling Rupee

Alleging that India's forex store dipped faster than its peers, Kharge claimed that there was a decline of USD 85 billion in the forex reserves in the first...


14 October 2022
Forex Reserves Rise $204 Million To $532.8 Billion

Forex Reserves Rise $204 Million To $532.8 Billion

In the previous reporting week, the overall reserves had dropped by $4.8 billion to $532.6 billion


08 October 2022
India’s Forex Reserves Record Lowest Level Since July 2020

India’s Forex Reserves Record Lowest Level Since July 2020

This is the ninth straight weekly drop and the lowest since July 24, 2020. The decline was due to a dip in foreign currency assets which decreased to $472.81...


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27 September 2022
India Has Fairly Large Forex Reserve To Deal With Current Situation: Economic Affairs Secretary

India Has Fairly Large Forex Reserve To Deal With Current Situation: Economic Affairs Secretary

After hitting a record low at 81.67 against dollar on Monday, the rupee recovered on Tuesday and closed at 81.58 against the greenback


24 September 2022
AvaTrade Review [ZA]: Is This Forex & CFD Trading App Safe? Urgent South Africa Customer Update!

AvaTrade Review [ZA]: Is This Forex & CFD Trading App Safe? Urgent South Africa Customer Update!

AvaTrade is a reputable global brand best known for providing FX and CFD traders with an excellent range of trading platforms and outstanding training content....


23 September 2022
Forex Reserves Down $5.2 Billion To $545.6 Billion

Forex Reserves Down $5.2 Billion To $545.6 Billion

The reserves, which have been dipping as the central bank deploys the kitty to defend the rupee amid a pressure caused majorly by global developments, had...


29 July 2022
Foreign Exchange Reserves Fall $1.15 Billion To $572 Billion

Foreign Exchange Reserves Fall $1.15 Billion To $572 Billion

The reserves has been declining amid continuing volatility in the rupee which has also significantly depreciated against the US dollar


17 July 2022
FPIs Remain In Selling Mode; Take Out Rs 7,400 Crore From Equities In July So Far

FPIs Remain In Selling Mode; Take Out Rs 7,400 Crore From Equities In July So Far

FPIs withdrew a net Rs 50,203 crore from equities in June. This was the highest net outflow since March 2020, when they had pulled out Rs 61,973 crore


15 July 2022
Forex Reserves Fall $8 Billion to $580.2 Billion

Forex Reserves Fall $8 Billion to $580.2 Billion

In the previous week ended July 1, the reserves had dropped by $5.008 billion to $588.314 billion


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08 July 2022
Forex Reserves Dip $5.008 Billion To $588.314 Billion

Forex Reserves Dip $5.008 Billion To $588.314 Billion

During the reporting week ended July 1, the fall in the foreign exchange reserves was due to a dip in Foreign Currency Assets (FCA), a major component of the...


07 July 2022
Rupee Dips 19 Paise To 79.13 Against US Dollar

Rupee Dips 19 Paise To 79.13 Against US Dollar

At the interbank foreign exchange market, the local currency opened at 79.05 and finally ended at 79.13, down 19 paise over its previous close


04 July 2022
Rupee ends flat at 78.94 against US dollar

Rupee ends flat at 78.94 against US dollar

At the interbank forex market, the local unit opened at 78.97 against the greenback and fell to an intra-day low of 79.06. It finally settled at 78.94,...


30 June 2022
Rupee Rebounds From Its Record Low; Gains 5 Paise To Close At 78.98 Against US Dollar

Rupee Rebounds From Its Record Low; Gains 5 Paise To Close At 78.98 Against US Dollar

At the interbank forex market, the local unit opened at 78.92 against the greenback and witnessed an intra-day high of 78.90 and a low of 78.99


22 June 2022
Foreign Exchange Reserves Up By $30.3 Billion In FY22: RBI Data

Foreign Exchange Reserves Up By $30.3 Billion In FY22: RBI Data

On a balance of payments basis, excluding valuation effects, foreign exchange reserves increased by $47.5 billion during 2021-22 as compared with $87.3 billion...


17 June 2022
Forex Reserves Down By $4.5 Billion To $596.4 Billion

Forex Reserves Down By $4.5 Billion To $596.4 Billion

In the previous week, the reserves had decreased by $306 million to $601.057 billion


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