The value of the gold reserves increased $78.2 million to $22.764 billion
The gold reserves remained stable at $19.335 billion.
India's forex reserves increased for the second consecutive week, touching $584.554 billion as of February 26, up by $689 million, the Reserve Bank said on Friday. The overall reserves had increased by $169 million to $583.865 billion in the previous reporting week. The reserves, which have been steadily increasing over the last few months, had touched an all-time high at $590.185 billion for the week ended January 29 this year.
The country's foreign exchange reserves surged by $5.066 billion to touch a record high of $608.999 billion in the week ended June 25, 2021, RBI data showed. In the previous week ended June 18, the reserves had declined by $4.418 billion to $603.933 billion. During the week under review, the increase in the forex reserves was on account of a rise in foreign currency assets (FCA), a major component of the overall reserves, Reserve Bank of India's (RBI) weekly data showed.
The country's forex reserves increased by $305 million to $654.27 billion during the week ended March 14, the RBI said on Friday. In the previous reporting week, the overall reserves rose by $15.27 billion to $653.97 billion and registered the sharpest weekly rise in two years.
India's gold reserves were also up by $297.7 million to $19.33 billion
The country's forex reserves jumped by $4.53 billion to $658.8 billion during the week ended March 21, the RBI said on Friday. In the previous reporting week, the overall reserves had increased by $305 million to $654.27 billion.
Foreign currency assets, a major component of the overall reserves, fell by $490 million to $441.458 billion in the reporting week.
India's foreign exchange reserves dropped by $6.05 billion to $593.48 billion during the week ended May 19, RBI said on Friday. The drop in the kitty has snapped two consecutive weeks of increases. In the previous reporting week, the overall reserves had increased by $3.5 billion to take the overall quantum just shy of $600 billion.
The country's foreign exchange reserves increased by $1.883 billion to touch a record high of $611.895 billion in the week ended July 9, RBI data showed on Friday. In the previous week ended July 2, the reserves had surged by $1.013 billion to $610.012 billion. In the reporting week ended July 9, the increase in forex reserves was on account of the rise in foreign currency assets (FCA), a major component of the overall reserves, the Reserve Bank of India's (RBI) weekly data showed.
India's forex reserves jumped by $7.65 billion to $638.26 billion in the week ended February 7, the RBI said on Friday. This is the third consecutive week of a jump in the kitty, which had increased by $1.05 billion to $630.61 billion for the week ended January 31.
The total reserves had gone up by $982 million in the previous reporting week.
India's forex kitty jumped $6.596 billion to $665.396 billion during the week ended March 28, the RBI said on Friday. In the previous reporting week, the overall reserves rose by $4.53 billion to $658.8 billion, the RBI said on Friday.
India's forex reserves dropped by $5.69 billion to $634.58 billion in the week ended January 3, the Reserve Bank of India said on Friday. In the previous reporting week, the overall kitty had declined by $4.11 billion to $640.28 billion.
After rising for five consecutive weeks, India's forex kitty dropped $571 million to $563.5 billion for the week ended December 16, according to RBI data released on Friday. In the previous reporting week, the overall reserves had swelled $2.91 billion to $564.06 billion, making it the fifth straight week of an increase in the kitty after a protracted decline. In October 2021, the country's foreign exchange kitty had reached an all-time high of $645 billion.
'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'
India's forex reserves dropped by $6.46 billion to $675.65 billion for the week ended November 8, the RBI said on Friday. In the previous reporting week, the forex reserves had dropped by $2.67 billion to $682.13 billion.
The country's foreign exchange reserves declined by $5.01 billion to $588.31 billion in the week ended July 1, according to RBI data released on Friday. In the previous week ended June 24, the reserves had increased by $2.73 billion to $593.32 billion. During the reporting week ended July 1, the fall in the foreign exchange reserves was due to a dip in Foreign Currency Assets (FCA), a major component of the overall reserves, and also in the gold reserves.
In the sharpest jump in over two years, the country's foreign exchange reserves increased by $15.27 billion to $653.97 billion during the week ended March 7, the RBI has said. The overall reserves had dropped by $1.78 billion to $638.7 billion in the previous week.
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.
The rupee ended at 59.18 compared with previous close of 59.33 to the dollar.
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 foreign exchange reserves declined for the second consecutive week, ending $1.78 billion down at $635.91 billion for the week ended December 3, RBI data showed on Friday. In the previous week, the reserves had slid by $2.71 million to $637.68 billion. In the reporting week ended December 3, the dip in the forex kitty was mainly on account of a decline in foreign currency assets (FCA), a major component of the overall reserves.
The country's foreign exchange reserves increased by $2.19 billion to $631.95 billion in the week ended February 4, RBI data showed. In the previous week ended January 28, the reserves had declined by $4.53 billion to $629.76 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 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.
The country's foreign exchange reserves declined by $678 million to $634.29 billion in the week ended January 21, according to RBI data. In the previous week ended January 14, the reserves had increased by $2.23 billion to $634.96 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.
The country's foreign exchange reserves declined by $3.01 billion to $561.05 billion in the week ended August 26, the Reserve Bank of India (RBI) data showed. In the previous week ended August 19, the reserves had dipped by $6.69 billion to $564.05 billion. The fall in the reserves during the reporting week ended August 26 was on account of a dip in the foreign currency assets (FCA), a major component of the overall reserves, and the gold reserves, according to the Weekly Statistical Supplement released by the RBI on Friday.
'At the first sign of real trouble, that money will move. There will be a run.'
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.
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).
Continuing their downward trajectory for the third consecutive week, the country's foreign exchange reserves declined by $2.03 billion to stand at $617.648 billion in the week ended March 25, RBI data showed on Friday. In the week ended March 18, the forex kitty had declined by $2.60 billion to $619.68 billion. It had plunged by $9.65 billion to $622.27 billion in the week ended March 11.
'We are profoundly energy-dependent on the Gulf. That dependency must now be redirected towards the United States, because we require American permission to procure oil.' 'We additionally require Iranian permission to acquire oil from that source. So India now has to seek two separate permissions merely to secure its energy supply.' 'Should we be compelled to source from America, or from Venezuela -- which is, in effect, American-controlled supply -- that will inevitably carry a price premium, an elevated shipping cost, and a considerably extended delivery timeline, given the distances involved.'
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.
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.
Gold reserves were down by $1.441 billion in the reporting week to $35.999 billion.
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.
The country's foreign exchange reserves declined $897 million to $572.98 billion in the week ended August 5, according to the Reserve Bank of India (RBI). In the previous week ended July 29, the reserves had risen $2.31 billion to $573.87 billion. In the week ended August 5, the fall in the foreign exchange reserves was due to a dip in the Foreign Currency Assets (FCA), a major component of the overall reserves, as per the Weekly Statistical Supplement released by RBI on Friday.
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.
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.
India's forex reserves declined by $2.67 billion to $682.13 billion for the week ended November 1, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped by $3.46 billion to $684.805 billion.
