India’s reserve position with the IMF was down by $35 million to $4.352 billion. For the week ended October 4, foreign currency assets, a major component of the reserves, decreased by $3.511 billion to $612.643 billion, showed the RBI data released on Friday. India’s forex reserves dropped by USD 3.709 billion to USD 701.176 billion … Read more
India’s foreign exchange (forex) reserves have hit a fresh all-time high of $670.857 billion, surging $4 billion during the week ended July 19, according to the latest RBI data released on Friday. The overall reserves had jumped $9.699 billion to an all-time high of $666.854 billion in the week ended July 12. The RBI’s gold … Read more
This is the sixth consecutive week of a jump in overall forex reserves in India. Gold reserves rise $673 million to $52.16 billion during the week ended March 29; special drawing rights increase $73 million to $18.145 billion India’s foreign exchange reserves increased $2.951 billion to $645.583 billion for the week ended March 29, according … Read more
The previous peak level was recorded in September 2021 when the country’s foreign exchange reserves reached $642.453 billion. Gold reserves rise $347 million to $51.487 billion during the week ended March 22; special drawing rights (SDRs) were down by $57 million to $18.219 billion India’s forex reserves rose $140 million during the week ended March … Read more
