News for '-fcas'

Gold most stable asset during geopolitical tensions: RBI staff study

Gold most stable asset during geopolitical tensions: RBI staff study

Rediff.com1 Jan 2026

Gold has emerged as the most stable asset during episodes of geopolitical stress, and crude oil has been more sensitive than others when it comes to regional conflicts and sanctions, according to a report in the Reserve Bank of India's (RBI's) monthly bulletin. Silver and the United States Treasury have showed moderate reactions.

Forex reserves drop $4.85 bn to $532.66 bn

Forex reserves drop $4.85 bn to $532.66 bn

Rediff.com7 Oct 2022

India's forex reserves dropped by $4.85 billion to $532.66 billion as on September 30, the Reserve Bank said on Friday. The reserves, which have been dipping as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments, had declined by over $8.13 billion to $537.52 billion in the previous reporting week. In October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex reserves down by $2.23 bn to $550.87 bn

Forex reserves down by $2.23 bn to $550.87 bn

Rediff.com16 Sep 2022

The country's foreign exchange reserves declined by $2.23 billion to stand at $550.87 billion for the week ended September 9, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the reserves had dropped by $7.94 billion to $553.11 billion. The fall in the reserves during the reporting week was on account of a dip in the foreign currency assets (FCAs), a major component of the overall reserves, according to the Weekly Statistical Supplement released by the RBI.

Forex reserves fall $7.54 bn to $572.71 bn

Forex reserves fall $7.54 bn to $572.71 bn

Rediff.com22 Jul 2022

The country's foreign exchange reserves declined by $7.541 billion to $572.712 billion in the week ended July 15 as the Reserve Bank continued to intervene in the market to curb the fall of the rupee. In the previous week ended July 8, the reserves shrunk by $8.06 billion to $580.25 billion, the Reserve Bank of India (RBI) data showed on Friday. On Friday, the rupee fell by 5 paise to close at 79.90 against the US dollar.

Forex reserves rise $204 mn to $532.87 bn

Forex reserves rise $204 mn to $532.87 bn

Rediff.com14 Oct 2022

India's forex reserves rose by $204 million to $532.87 billion for the week ended October 7 on an increase in the value of gold holdings, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had dropped by $4.85 billion to $532.66 billion. The reserves had been falling for many weeks now as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.

Forex reserves rise by $2.73 bn to $593.32 bn

Forex reserves rise by $2.73 bn to $593.32 bn

Rediff.com1 Jul 2022

The country's foreign exchange reserves increased by $2.73 billion to $593.32 billion for the week ended June 24 on the back of a surge in the core currency assets, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had declined by $5.87 billion to $590.59 billion. In the week ended June 24, the forex reserves swelled due to an increase in Foreign Currency Assets (FCAs), a major component of the overall reserves, and also in gold reserves, RBI said.

Forex reserves rise $4.23 bn to $597.51 bn

Forex reserves rise $4.23 bn to $597.51 bn

Rediff.com27 May 2022

India's forex reserves increased by $4.23 billion to $597.51 billion for the week ended May 20 on the back of a high accretion of core currency assets, according to RBI data. The country's foreign exchange reserves had declined by $2.68 billion to $593.28 billion in the previous reporting week ended May 13. During the reporting week, the rise in the reserves was mainly on account of an increase in Foreign Currency Assets (FCA), a major component of the overall reserves, and gold reserves, as per weekly data released by Reserve Bank of India (RBI) on Friday.

Forex reserves down by $4.53 bn to $629.75 bn

Forex reserves down by $4.53 bn to $629.75 bn

Rediff.com4 Feb 2022

The country's foreign exchange reserves declined by $4.53 billion to stand at $629.75 billion in the week ended January 28, RBI data showed on Friday. In the previous week ended January 21, the reserves had decreased by $678 million to $634.29 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

Forex reserves dip by $160 mn to $635.67 bn

Forex reserves dip by $160 mn to $635.67 bn

Rediff.com24 Dec 2021

The country's foreign exchange reserves declined by $160 million to stand at $635.667 billion in the week to December 17, RBI data showed on Friday. In the previous week ended December 10, the reserves had decreased by $77 million to $635.828 billion. It touched a lifetime high of $642.453 billion in the week ended September 3, 2021.

Forex reserves down by $1.17 bn to $637.48 bn

Forex reserves down by $1.17 bn to $637.48 bn

Rediff.com8 Oct 2021

The country's foreign exchange reserves dipped by $1.17 billion to stand at $637.48 billion in the week ended October 1, RBI data showed on Friday. In the previous week ended September 24, 2021, the reserves had declined by $997 million to $638.65 billion. The reserves had surged by $8.90 billion to a lifetime high of $642.45 billion in the week ended September 3, 2021.

Forex reserves drop by $2.47 bn to $616.89 bn

Forex reserves drop by $2.47 bn to $616.89 bn

Rediff.com27 Aug 2021

The country's foreign exchange reserves declined by $2.47 billion to reach $616.895 billion in the week ended August 20, RBI data showed on Friday. In the previous week ended August 13, 2021, the reserves had declined by $2.099 billion to $619.365 billion. The forex kitty had touched a lifetime high of $621.464 billion in the week ended August 6, 2021.

Forex reserves down by $997 mn to $638.65 bn

Forex reserves down by $997 mn to $638.65 bn

Rediff.com1 Oct 2021

The country's foreign exchange reserves declined by $997 million to reach $638.646 billion in the week ended September 24, RBI data showed on Friday. In the previous week ended September 17, 2021, the reserves had tumbled by $1.47 billion to $639.642 billion. The forex kitty had surged by $8.895 billion to a lifetime high of $642.453 billion in the week ended September 3, 2021.

Forex reserves rise by $889 mn to lifetime high of $621.464 bn

Forex reserves rise by $889 mn to lifetime high of $621.464 bn

Rediff.com13 Aug 2021

The country's foreign exchange reserves increased by $889 million to a lifetime high of $621.464 billion in the week ended August 6, 2021, RBI data showed on Friday. In the previous week ended July 30, 2021, the reserves had surged by $9.427 billion to reach $620.576 billion. In the reporting week, the increase in the forex kitty was due to a rise in foreign currency assets (FCAs), a major component of the overall reserves, as per weekly data by the Reserve Bank of India (RBI).

Forex reserves down by $1.581 bn to $611.149 bn

Forex reserves down by $1.581 bn to $611.149 bn

Rediff.com30 Jul 2021

The country's foreign exchange reserves declined by $1.581 billion to stand at $611.149 billion for the week ended July 23, RBI data showed on Friday. The reserves had reached a lifetime high of $612.730 billion after rising by $835 million in the previous week ended July 16, 2021. In the reporting week, the drop in the reserves was mainly due to a fall in foreign currency assets (FCAs), a major component of the overall reserves, as per weekly data by the Reserve Bank of India (RBI).

Forex reserves down by $1.47 bn to $639.64 bn

Forex reserves down by $1.47 bn to $639.64 bn

Rediff.com24 Sep 2021

The country's foreign exchange reserves declined by $1.47 billion to $639.64 billion in the week ended September 17, RBI data showed on Friday. In the previous week ended September 10, 2021, the reserves had dipped by $1.34 billion to $641.11 billion. The reserves had surged by $8.89 billion to a lifetime high of $642.45 billion in the week ended September 3, 2021.

Forex reserves dip by $5.87 bn to $590.59 bn

Forex reserves dip by $5.87 bn to $590.59 bn

Rediff.com24 Jun 2022

The country's foreign exchange reserves declined by $5.87 billion to $590.59 billion in the week ended on June 17, the RBI data showed. In the previous week ended on June 10, the reserves had dropped by $4.6 billion to $596.46 billion. In the reporting week, the forex reserves fell due to a dip in foreign current assets (FCAs), a major component of the overall reserves, and also in gold reserves, the data showed.

IFSC relaxation may boost trade in foreign stocks at the GIFT City

IFSC relaxation may boost trade in foreign stocks at the GIFT City

Rediff.com8 May 2023

The Reserve Bank of India's (RBI's) decision on Wednesday to relax restrictions on banks operating in the International Financial Services Centre (IFSC) related to the repatriation of idle funds in foreign currency accounts (FCA) could give a fillip to trading in foreign stocks at the GIFT City.

Forex reserves down by $6.24 bn to $583.95 bn

Forex reserves down by $6.24 bn to $583.95 bn

Rediff.com12 Feb 2021

The country's foreign exchange reserves declined by a massive $6.24 billion to reach $583.945 billion in the week ended February 5, RBI data showed on Friday. In the previous week, the reserves had touched a record high of $590.185 billion after rising by $4.852 billion. In the reporting week ended February 5, the decline in the forex kitty was mainly on account of a fall in foreign currency assets (FCAs), a major component of the overall reserves.

After touching record high, forex reserves slip to $583.70 bn

After touching record high, forex reserves slip to $583.70 bn

Rediff.com19 Feb 2021

The country's foreign exchange reserves fell by $249 million to $583.697 billion in the week ended February 12, RBI data showed on Friday. In the previous week, the reserves had declined by $6.24 billion to stand at $583.945 billion. It had touched a record high of $590.185 billion in the week ended January 29, 2021.

Forex reserves climb $2.518 bn to record $575.29 bn

Forex reserves climb $2.518 bn to record $575.29 bn

Rediff.com27 Nov 2020

The country's foreign exchange reserves rose by $2.518 billion to touch a lifetime high of $575.29 billion in the week ended November 20, RBI data showed on Friday. In the previous week ended November 13, the reserves had surged by $4.277 billion to $572.771 billion. In the reporting week, the increase in the forex kitty was on account of a rise in foreign currency assets (FCAs), a major component of the overall reserves.

Forex reserves surge $7.78 bn to lifetime high of $568.494 bn

Forex reserves surge $7.78 bn to lifetime high of $568.494 bn

Rediff.com13 Nov 2020

The country's foreign exchange reserves jumped by a massive $7.779 billion to touch a lifetime high of $568.494 billion in the week ended November 6, RBI data showed on Friday. In the previous week ended October 30, the reserves had increased by $183 million to $560.715 billion. In the reporting week, the jump in reserves was mainly on account of an increase in foreign current assets (FCAs), a major component of the overall reserves.

Forex reserves surge $5.27 bn to lifetime high of $598.16 bn

Forex reserves surge $5.27 bn to lifetime high of $598.16 bn

Rediff.com4 Jun 2021

The country's foreign exchange reserves surged by $5.271 billion to touch a record high of $598.165 billion in the week ended May 28, RBI data showed on Friday. In the previous week ended May 21, 2021, the reserves had increased by $2.865 billion to $592.894 billion. While announcing the second bi-monthly monetary policy review earlier on Friday, RBI Governor Shaktikanta Das said the country's forex reserves may have crossed $600 billion currently.

India's forex reserves touch all-time high of $555 bn

India's forex reserves touch all-time high of $555 bn

Rediff.com23 Oct 2020

The country's foreign exchange reserves touched a life time high of USD 555.12 billion after it surged by USD 3.615 billion in the week ended October 16, according to RBI data.

Forex reserves drop $3.017 bn to $542.021 bn

Forex reserves drop $3.017 bn to $542.021 bn

Rediff.com2 Oct 2020

Gold reserves were down by $1.441 billion in the reporting week to $35.999 billion.

Forex reserves surge by $2.296 bn to $537.548 bn

Forex reserves surge by $2.296 bn to $537.548 bn

Rediff.com28 Aug 2020

Gold reserves were down by $331 million to $37.264 billion.

Forex reserves down by $878 mn to $632.736 bn

Forex reserves down by $878 mn to $632.736 bn

Rediff.com14 Jan 2022

The country's foreign exchange reserves declined by $878 million to stand at $632.74 billion in the week ended January 7, RBI data showed on Friday. In the previous week ended December 31, the reserves had dropped by $1.47 billion to $633.61 billion. It had touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

India's forex kitty increases by $289 mn to $640.40 bn

India's forex kitty increases by $289 mn to $640.40 bn

Rediff.com26 Nov 2021

India's forex exchange reserves increased by $289 million to $640.401 billion for the week ended November 19, the Reserve Bank said on Friday. The overall reserves had declined by $763 million to $640.11 billion in the previous reporting week. They had touched a life time high of $642.45 billion in the week ended September 3, 2021.

Forex reserves up by $2.23 bn to $634.96 bn

Forex reserves up by $2.23 bn to $634.96 bn

Rediff.com21 Jan 2022

The country's foreign exchange reserves grew by $2.23 billion to $634.96 billion in the week ended January 14, RBI data showed. In the previous week ended January 7, the reserves had declined by $878 million to $632.74 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

Forex reserves rise by $2.04 bn to $639.52 bn

Forex reserves rise by $2.04 bn to $639.52 bn

Rediff.com15 Oct 2021

The country's foreign exchange reserves rose by $2.04 billion to $639.52 billion in the week ended October 8, according to RBI data. In the previous week ended October 1, the reserves had dipped by $1.17 billion to $637.48 billion. The reserves had surged by $8.90 billion to a life time high of $642.45 billion in the week ended September 3.

Forex reserves decline $2.10 bn to $619.36 bn

Forex reserves decline $2.10 bn to $619.36 bn

Rediff.com20 Aug 2021

India's foreign exchange reserves decreased by $2.099 billion to stand at $619.365 billion for the week ended August 13 due to a fall in core currency assets and gold, RBI data showed on Friday. The forex kitty had increased by $889 million to a lifetime high of $621.464 billion in the previous reporting week. Foreign currency assets (FCAs), a major component of the overall reserves, decreased by $1.358 billion to $576.374 billion in the reporting week, as per the weekly data by the Reserve Bank of India (RBI).

Forex reserves surge by $9.42 bn to all-time high of $620.57 bn

Forex reserves surge by $9.42 bn to all-time high of $620.57 bn

Rediff.com6 Aug 2021

The country's foreign exchange reserves surged by $9.427 billion to record high of $620.576 billion in the week ended July 30, according to the latest RBI data. In the previous week ended July 23, the reserves had declined by $1.581 billion to $611.149 billion. In the reporting week ended July 30, the rise in the reserves was on the back of an increase in foreign currency assets (FCAs), a major component of the overall reserves, the Reserve Bank of India's (RBI) weekly data released on Friday showed.

Forex reserves at record high of $393.612 billion

Forex reserves at record high of $393.612 billion

Rediff.com18 Aug 2017

Gold reserves remained unchanged at $19.943 billion.

Forex reserves rise $8.895 billion to record high of $642.45 billion

Forex reserves rise $8.895 billion to record high of $642.45 billion

Rediff.com12 Sep 2021

The country's foreign exchange reserves increased by $8.895 billion to reach a record high of $642.453 billion in the week ended September 3, the Reserve Bank of India (RBI) data showed. In the previous week ended August 27, the reserves had surged $16.663 billion to $633.558 billion, mainly due to a rise in special drawing rights (SDR) holdings. International Monetary Fund (IMF) had made an allocation of SDR 12.57 billion to India. For the week ended September 3, the increase was on account of a rise in foreign currency assets (FCAs), a major component of the overall reserves, RBI's weekly data released on Friday showed.

Forex reserves near record high, jump to $590 bn

Forex reserves near record high, jump to $590 bn

Rediff.com21 May 2021

The country's foreign exchange reserves rose by $563 million to reach $590.028 billion in the week ended May 14, RBI data showed on Friday. The reserves had touched a lifetime high of $590.185 billion in the week ended January 29, 2021. In the previous week ended May 7, 2021, the reserves had increased by $1.444 billion to $589.465 billion.

Forex reserves surge $16.66 bn to record high of $633.56 bn

Forex reserves surge $16.66 bn to record high of $633.56 bn

Rediff.com3 Sep 2021

The country's foreign exchange reserves soared by $16.663 billion to touch a lifetime high of $633.56 billion in the week ended August 27, mainly due to an increase in Special Drawing Rights (SDR) holdings, RBI data showed. On Wednesday, RBI had said the International Monetary Fund (IMF) made an allocation of SDR 12.57 billion (equivalent to around $17.86 billion at the latest exchange rate) to India on August 23, 2021. SDR holdings are part of the foreign exchange reserves of a country.

Forex reserves rise by $1.701 bn to $584.107 bn

Forex reserves rise by $1.701 bn to $584.107 bn

Rediff.com30 Apr 2021

The country's foreign exchange reserves increased by $1.701 billion to $584.107 billion in the week ended April 23, 2021, RBI data showed. In the previous week ended April 16, 2021, the reserves had risen by $1.193 billion to $582.406 billion. The reserves had touched a lifetime high of $590.185 billion in the week ended January 29, 2021.

Forex reserves up by $758 mn to lifetime high of $586.082 bn

Forex reserves up by $758 mn to lifetime high of $586.082 bn

Rediff.com15 Jan 2021

The country's foreign exchange reserves rose by $758 million to reach a record high of $586.082 billion in the week ended January 8, RBI data showed on Friday. In the previous week ended January 1, the reserves had increased by $4.483 billion to $585.324 billion.

India's forex reserves up $2.37 bn at $363.17 bn

India's forex reserves up $2.37 bn at $363.17 bn

Rediff.com8 Jul 2016

In the previous week, the reserves had fallen by $3.028 billion to $360.797 billion.

Forex reserves at record high of $361.601 billion

Forex reserves at record high of $361.601 billion

Rediff.com29 Apr 2016

Continuing their rising trend, the country's foreign exchange reserves increased by $1.350 billion to touch a record high of $361.601 billion in the week to April 22.

India's forex reserves touch a life-time high of $363.8 bn

India's forex reserves touch a life-time high of $363.8 bn

Rediff.com24 Jun 2016

Foreign exchange reserves had touched a record of $363.5 billion in the week through June 3, 2016.