Forex Reserves Hit 11-Week Low Of $561.26 Billion
The reserves stood at $566.95 billion in the week to Feb. 10. (File)Mumbai: India’s foreign exchange reserves fell for the third straight week to hit an eleven-week low of $561.27…
Forex Reserves Show Biggest Weekly Decline In 11 Months, Fall To $566.9 Billion
Last week, the rupee fell 0.8% against the U.S. dollar. (File)Mumbai: India’s foreign exchange reserves fell 8.3% in the week to Feb. 10, logging its biggest decline in more than…
Forex Reserves Fall To $575.27 Billion, Snap 3-Week Rise
In the week to Jan. 27, the reserves stood at $576.76 billion. (File)Mumbai: India’s foreign exchange reserves fell for the first time in four weeks and stood at $575.27 billion…
Foreign Exchange Reserves Rise To 5-Month High Of $572 Billion
RBI has, in the past, said that changes in reserves also stem from valuation gains or losses. (File)Mumbai: Foreign exchange reserves rose to $572 billion in the week through Jan.…
Forex Reserves Rise Likely Fuelled By Softer Dollar, Forward Book Changes
India’s forex reserves rose to $531.1 billion in the week through Oct 28.(Representational))Mumbai: The big jump in India’s foreign exchange reserves in the last week of October was likely fuelled…
Forex Reserves Likely To Fall A Further $15 Billion By End-2022: Report
Reserves of more than $500 billion are generally seen by most economists as adequate for India.Bengaluru: India’s fast-depleting foreign exchange reserves are likely to drop more than was predicted just…
RBI’s 2013 Playbook To Rebuild FX Reserves Unlikely To Work: Report
RBI’s 2013 playbook to rebuild FX reserves unlikely to work: ReportMUMBAI: The Indian central bank’s 2013 playbook to buffer the domestic currency against steep declines and rebuild foreign exchange reserves…
Global Forex Reserves Shrink By $1 Trillion In Record Decline
World currency reserves shrink by $1 trillion in record drawdownGlobal foreign-currency reserves are falling at the fastest pace on record, as central banks from India to the Czech Republic intervene…
67% Of Decline In Forex Reserves Due To Valuation Changes: RBI Governor
It was also the eighth straight week when the reserves declined.Mumbai: Reserve Bank Governor Shaktikanta Das on Friday said 67 per cent of the decline in the foreign exchange reserves…
Forex Reserves Set To Shrink Further, Stir Memories Of 2008 Crisis: Report
Forex reserves set to shrink further, stir memories of 2008 crisis: ReportBENGALURU: India’s depleted foreign exchange reserves are likely to drop further, falling to their lowest level in over two…