India's Forex Reserves cross half trillion dollars for the first time
A strong kitty allows the RBI to timely intervene in forward and spot currency markets.
Rising forex reserves a morale booster, should be used wisely: Anand Mahindra
In a tweet commenting on an article that stated that India's fo...
Forex reserves up by $1.27 billion to $506.84 billion
In the previous week ended June 19, the reserves had dipped by $2.08 billion to $505.57...
Forex reserves closing in on $500-billion mark
Current reserves at $493 billion is enough to fund 17 months of imports.
Forex reserves down by $2.078 billion to $505.566 billion
In the week ended June 12, the reserves had increased by $5.942 billion to touch a record high of $507.644 billion.
Sri Lanka seeks USD 1.1 billion currency swap facility from India amidst depleting forex reserves
Modi discussed the situation arising out of the COVID-19 crisis with Rajapaksa and said that India will continue to support “our close maritime neighbour” in dealing with the pandemic and its economic impact.
Forex reserves surge to all-time high of $493.48 billion
Reserves had risen by $3 bn to an all-time high of $490.044 billion in the previous week.
Foreign exchange reserves up by $64.9 billion in FY20
This increase in reserves includes the valuation effects, the Reserve Bank of India said in a release.
Forex reserves soar to record high of $490.04 billion
In the previous week, the reserves had increased by $1.726 billion to $487.04 billion.
RBI invested $1 billion in US Treasury in April amid swelling forex reserves
India is ranked 12th in the list of nations holding US bonds, surpassing Singapore.
Forex reserves up by $5.94 billion to hit record $507.64 billion
In the reporting week, the foreign currency assets, a major component of the overall reserves, rose by $5.106 billion to $468.737 billion.
Forex reserves rise $1.73 billion to $487.04 billion
Between April 1 and May 15, the foreign exchange reserves have increased by $9.2 billion.
India can consider spending FX reserves on health, says Deutsche
India recently announced that its forex reserves had crossed half a trillion dollars.
Forex reserves surge by $4.235 billion to $485.31 billion
In the previous week, the reserves had increased by $1.622 billion to $481.078 billion.
Forex reserves jump $8.22 billion; cross half-a-trillion mark for first time
In the previous week ended May 29, the reserves had increased by $3.44 billion to $493.48 billion.
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