Forex Update: India’s Foreign Exchange Reserves Fall $2 Billion to $646.67 Billion

India’s foreign currency assets — a major component of the reserves — decreased by $1.51 billion to $567.499 billion. Gold reserves fall $482 million to $56.713 billion during the week ended May 24, special drawing rights were down by $33 million to $18.135 billion After rising for three consecutive weeks, India’s forex reserves fell $2.027 … Read more

Forex Update: India’s Forex Reserves Hit All-Time High of $642.63 Billion

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

Forex Update: India’s Foreign Exchange Reserves Jump $6.55 Billion To $625 Billion

India’s forex reserves had reached an all-time high of $645 billion in October 2021. Gold reserves increase $569 million to $48.417 billion during the week ended March 1; special drawing rights however fall $17 million to $18.18 billion Continuing the gaining streak, India’s forex reserves surged $6.55 billion to $625.626 billion during the week ended … Read more

Forex Update: India’s Foreign Exchange Reserves Rise $591 Million to $616.7 Billion

India’s forex reserves had reached an all-time high of $645 billion in October 2021. Gold reserves increase $269 million to $47.481 billion during the week ended January 26, special drawing rights rise $27 million to $18.248 billion India’s forex reserves increased $591 million to $616.733 billion for the week ended January 26, according to the … Read more