News for 'Forex Reserves Drop'

India's forex reserves fall to $317.3 billion

India's forex reserves fall to $317.3 billion

Rediff.com12 Sep 2014

India's foreign exchange reserves dipped by $1.327 billion to $317.313 billion in the week ended September 5 on a slide in the currency assets and gold stockpile, the Reserve Bank said.

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 down by $2.03 bn to $617.648 bn

Forex reserves down by $2.03 bn to $617.648 bn

Rediff.com1 Apr 2022

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.

Rupee closes at record low of 94.05 against US dollar

Rupee closes at record low of 94.05 against US dollar

Rediff.com25 Mar 2026

The Indian rupee weakened against the US dollar due to sustained foreign fund outflows and uncertainties in West Asia, although lower crude oil prices and a positive opening in domestic equity markets limited the losses.

Forex kitty declines by $2.16 billion to $584.25 billion

Forex kitty declines by $2.16 billion to $584.25 billion

Rediff.com28 Apr 2023

India's forex reserves dropped by $2.164 billion to $584.248 billion for the week ended April 21, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had risen by $1.657 billion to $586.412 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Rupee recovers 55 paise from all-time low to close at 90.38/USD

Rupee recovers 55 paise from all-time low to close at 90.38/USD

Rediff.com17 Dec 2025

The rupee recovered 55 paise from its all-time low level to close at 90.38 against the US dollar after a volatile trade on Wednesday, amid suspected aggressive central bank intervention.

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.

India's forex kitty declines by $1.32 bn to $593.75 bn

India's forex kitty declines by $1.32 bn to $593.75 bn

Rediff.com16 Jun 2023

India's forex reserves dropped by $1.32 billion to $593.75 billion for the week ended June 9, the Reserve Bank of India said on Friday. The overall reserves had jumped by $5.93 billion to $595.07 billion for the previous reporting week. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Quite possible that rates will remain low in the near to medium term, says RBI Governor

"Quite possible that rates will remain low in the near to medium term," says RBI Governor

Rediff.com9 Apr 2026

"It is quite possible that the rates will remain low in the near to medium term, but that will depend on how conditions evolve," said RBI Governor Sanjay Malhotra.

Forex reserves fall $8.06 bn to $580.25 bn

Forex reserves fall $8.06 bn to $580.25 bn

Rediff.com15 Jul 2022

The country's foreign exchange reserves declined by a massive $8.062 billion to $580.252 billion in the week ended July 8, according to RBI data. In the previous week ended July 1, the reserves had dropped by $5.01 billion to $588.31 billion. During the reporting week ended July 8, the decrease in the reserves was on account of a fall in the Foreign Currency Assets (FCA), a major component of the overall reserves, and in the gold reserves, RBI said.

Forex reserves continue to move down; fall by another $1.4 billion

Forex reserves continue to move down; fall by another $1.4 billion

Rediff.com4 Oct 2014

Raghuram Rajan has described the fall in reserves as dip in valuation with appreciation of dollar against other currencies

Forex reserves cross $104 billion

Forex reserves cross $104 billion

Rediff.com31 Jan 2004

After recording a drop in the previous week, India's foreign exchange reserves went up by over $1 billion to cross the $104-billion mark for the week ended January 23.

Forex reserves decline $763 mn to $640.11 bn

Forex reserves decline $763 mn to $640.11 bn

Rediff.com19 Nov 2021

The country's foreign exchange reserves declined by $763 million to $640.11 billion in the week ended November 12, RBI data showed. In the previous week ended November 5, the reserves had decreased by $1.14 billion to $640.87 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

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 down by $306 mn at $601.06 bn

Forex reserves down by $306 mn at $601.06 bn

Rediff.com10 Jun 2022

After rising for two consecutive weeks, the country's foreign exchange reserves declined by $306 million to $601.06 billion in the week ended June 3, according to RBI data. In the previous week, the reserves had increased by $3.85 billion to $601.36 billion. It had risen by $4.23 billion to $597.51 billion in the week ended May 20.

Forex reserves down $3.27 bn to $600.42 bn

Forex reserves down $3.27 bn to $600.42 bn

Rediff.com29 Apr 2022

The country's foreign exchange reserves decreased by $3.27 billion to $600.42 billion in the week ended April 22, RBI data showed. In the previous week, the reserves had declined by $311 million to $603.69 billion. During the reporting week, the fall in the reserves was on the account of a decline in the Foreign Currency Assets (FCA), a major component of the overall reserves, and gold reserves, Reserve Bank of India's (RBI) weekly data released on Friday showed.

Forex reserves down by $430 mn

Forex reserves down by $430 mn

Rediff.com28 Aug 2004

India's foreign exchange reserves fell further by $430 million at $118.89 billion during the week ended August 20 after witnessing a marginal dip of $14 million a week earlier.

Forex reserves shrink $4.5 billion

Forex reserves shrink $4.5 billion

Rediff.com31 Jan 2009

According to data released by the Reserve Bank of India on Friday, foreign currency assets dropped by $4.54 billion to $238.30 billion during the week. Gold and special drawings rights have remained unchanged in the reserve. During the week, the reserve position in the International Monetary Fund dropped by $15 million to $828 million.

Forex reserves rise by $987 mn

Forex reserves rise by $987 mn

Rediff.com22 Apr 2006

Foreign exchange reserves increased $987 million to $155.196 billion for the week ended April 14, 2006, according to the weekly supplement released by the RBI on Friday.\n\n

Forex reserves fall to $141 bn

Forex reserves fall to $141 bn

Rediff.com2 Apr 2005

Foreign exchange reserves declined $1.223 billion to $140.907 billion for the week ended March 25, 2005 when compared with $142.13 billion in the previous week, according to the weekly supplement released by the RBI on Saturday.

Forex reserves fall by $806 mn

Forex reserves fall by $806 mn

Rediff.com12 Feb 2005

Driven largely by revaluation of international currencies, foreign exchange reserves fell by $806 million during the week ended February 4, 2005 taking the total reserves to $128.91 billion.

India's forex kitty jumps by $816 mn to $653.71 bn

India's forex kitty jumps by $816 mn to $653.71 bn

Rediff.com28 Jun 2024

India's forex reserves jumped by $816 million to $653.71 billion for the week ended June 21, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped by $2.92 billion to $652.89 billion.

Forex reserves rise to $319.39 billion

Forex reserves rise to $319.39 billion

Rediff.com22 Aug 2014

After falling for two consecutive weeks, foreign exchange reserves marginally rose to $319.39 billion, up by $43.3 million, for the week, driven by an increase in foreign currency assets.

India's forex reserves down at $347.20 billion

India's forex reserves down at $347.20 billion

Rediff.com22 Jan 2016

The reserves had dropped by $1.434 billion to $348.934 billion.

Forex kitty drops by $1.09 bn to $529.99 bn

Forex kitty drops by $1.09 bn to $529.99 bn

Rediff.com11 Nov 2022

India's foreign exchange reserves dropped by $1.087 billion to stand at $529.99 billion for the week ended November 4 on a sharp decline in gold reserves, the Reserve Bank said on Friday. In the previous reporting week, the reserves had swelled by $6.561 billion to reach $531.08 billion, making it the biggest weekly jump in a year. In October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex reserves down by $2.713 mn to $637.687 bn

Forex reserves down by $2.713 mn to $637.687 bn

Rediff.com3 Dec 2021

The country's foreign exchange reserves declined by $2.71 billion to $637.69 billion in the week to November 26, RBI data showed. In the previous week ended November 19, the reserves had increased by $289 million to $640.40 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

India's forex reserves decline to $314.6 billion

India's forex reserves decline to $314.6 billion

Rediff.com12 Dec 2014

India's foreign exchange reserves have dropped by a massive $1.649 billion to $314.661 billion in the week to December 5, led by a fall in foreign currency assets.

India's forex reserves fall to $ 318.57 bn

India's forex reserves fall to $ 318.57 bn

Rediff.com29 Aug 2014

The country's foreign exchange reserves declined by $810.7 million to $318.579 billion for the week ended August 22, on account of drop in foreign currency assets.

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 up at $129.3 billion

Forex reserves up at $129.3 billion

Rediff.com22 Jan 2005

India's foreign exchange reserve rose by $266 million during the week ending January 14, 2005, after a drop over $2 billion a week earlier.

India's forex reserves up at $253 billion

India's forex reserves up at $253 billion

Rediff.com1 May 2009

India's foreign exchange reserves rose by $631 million for the week ended April 24 to $253.091 billion from $252.460 billion in the previous week.

Forex reserves slip to $118.31 billion

Forex reserves slip to $118.31 billion

Rediff.com7 Aug 2004

For the second week in a row, India's foreign exchange reserves fell by a whopping $1.25 billion to $118.31 billion for the week ended July 30.

India's forex kitty drops $1.49 bn to $575.27 bn

India's forex kitty drops $1.49 bn to $575.27 bn

Rediff.com10 Feb 2023

India's foreign exchange reserves dropped by $1.49 billion to reach $575.27 billion as of February 3, snapping a three-week rising trend, RBI data showed on Friday. In the previous reporting week, the overall reserves had jumped by $3.03 billion to $576.76 billion. In October 2021, the country's forex kitty had reached an all-time high of $645 billion.

India's forex reserves up at $179.052 bn

India's forex reserves up at $179.052 bn

Rediff.com3 Feb 2007

Foreign exchange reserves increased $924 million to $179.052 billion during the week ended January 26, according to the weekly supplement released by the Reserve Bank of India on Friday.

Forex reserves down by $2.94 bn to $535.25 bn

Forex reserves down by $2.94 bn to $535.25 bn

Rediff.com22 Aug 2020

The foreign exchange kitty had crossed the half-a-trillion mark for the first time in the week ended June 5, 2020, after it had swelled by $8.223 billion to stand at $501.703 billion.

Forex reserves fall by $3 bn to $277 bn

Forex reserves fall by $3 bn to $277 bn

Rediff.com10 Aug 2013

In the week ending July 26 foreign exchange reserves had recorded a rise of $960.2 million to $ 280.16 billion

India's forex reserves dips to $143.096 bn

India's forex reserves dips to $143.096 bn

Rediff.com29 Oct 2005

Foreign exchange reserves declined by $339 million to $143.096 billion for the week ended October 21 from $143.435 billion in the previous week, according to the weekly supplement released by the RBI.

Forex reserve up $60.5 mn to $319 bn

Forex reserve up $60.5 mn to $319 bn

Rediff.com6 Sep 2014

The foreign currency assets rose by $75 million to $291.39 billion

China's forex reserves set to touch $1 trillion

China's forex reserves set to touch $1 trillion

Rediff.com30 Oct 2006

China's foreign exchange reserves look set to create a new record at $1 trillion at the end of this month or early November, posing new problems how to best manage it, economists said.

Forex kitty drops $867 million to $593.04 billion

Forex kitty drops $867 million to $593.04 billion

Rediff.com22 Sep 2023

India's foreign exchange reserves declined $867 million to $593.04 billion in the week ended September 15, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves dropped $4.99 billion to $593.90 billion. In October 2021, the country's reserves had touched an all-time high of $645 billion.