News for 'Forex Reserves Fall'

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 drop by $520 mn

Forex reserves drop by $520 mn

Rediff.com28 May 2005

India's forex reserves fell for the fourth week in a row by $520 million to $139 billion for the week ended May 20, 2005.

Forex reserves rise to $343 billion

Forex reserves rise to $343 billion

Rediff.com24 Apr 2015

India's foreign exchange reserves surged by a healthy $2.788 billion to $343.2 billion in the week to April 17.

Forex reserves decline $4 bn to $603.93 bn

Forex reserves decline $4 bn to $603.93 bn

Rediff.com25 Jun 2021

Sliding from a lifetime high, India's forex reserves declined by $4.148 billion to reach $603.933 billion for the week ended June 18 due to a fall in gold and currency assets, RBI data showed on Friday. The forex kitty had surged by $3.074 billion to a record high of $608.081 billion in the previous reporting week. The foreign currency assets (FCA), a major component of the overall reserves, declined by $1.918 billion to $561.540 billion for the reporting week, as per data by the Reserve Bank of India (RBI).

RBI: Forex market interventions are temporary, not structural shifts

RBI: Forex market interventions are temporary, not structural shifts

Rediff.com9 Apr 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that recent regulatory measures to address foreign exchange market volatility, such as capping banks' net open positions, are temporary and aligned with current market conditions, not signalling any structural shift in policy.

India's forex reserves fall to $278.67 bn

India's forex reserves fall to $278.67 bn

Rediff.com27 Feb 2010

The country's foreign exchange reserves fell by $528 million for the week ended February 19 to $278.672 billion compared to $279.2 billion in the previous week. Foreign Currency Assets (FCA), during the week, declined to $254.203 billion from $254.7 billion a week ago, the RBI said in its weekly report.

Forex reserves down by $1.1 billion

Forex reserves down by $1.1 billion

Rediff.com27 Aug 2005

After rising continuously for the past three weeks, India's foreign exchange reserves fell by $1.1 billion for the week ended August 19, 2005.

Forex reserves drop by $3.4 billion

Forex reserves drop by $3.4 billion

Rediff.com14 May 2010

India's foreign exchange reserves fell by a significant $3.4 billion to $276.238 billion for the week ended May 7, as against $279.633 billion in the previous week, RBI data showed.

Forex reserves fall by $1.2 bn to $143 bn

Forex reserves fall by $1.2 bn to $143 bn

Rediff.com1 Oct 2005

India's foreign exchange reserves fell by $1.2 billion during the week-ended September 23, 2005.

India's forex reserves down by $676 mn

India's forex reserves down by $676 mn

Rediff.com2 Jul 2005

India's foreign exchange reserves declined by $676 million for the week-ended June 24, 2005 due to revaluation of international currencies including US dollar.

FinMin not in favour of exhausting forex reserves to defend rupee

FinMin not in favour of exhausting forex reserves to defend rupee

Rediff.com6 Oct 2022

Amid fast-depleting forex reserves, the Finance Ministry on Wednesday signalled that it was not in favour of selling the dollar to defend any particular level of the rupee. "Let it (rupee) reach whatever levels it has to reach. We can't fritter away reserves on defending some artificial, imaginary rate of exchange," a senior finance ministry official told Business Standard. Forex reserves declined to a near two-year low of $545.65 billion as on September 16, down $85.88 billion from the level that existed on February 25, a day after Russia invaded Ukraine.

Forex reserves down $1.14 bn to $640.87 bn

Forex reserves down $1.14 bn to $640.87 bn

Rediff.com12 Nov 2021

India's forex reserves decreased by $1.145 billion to $640.874 billion for the week ended on November 5 on a fall in currency and gold assets, the Reserve Bank said on Friday. The overall reserves had increased by $1.919 billion to $642.019 billion for the previous reporting week. Foreign currency assets, a major part of the overall reserves, decreased by $881 million to $577.581 billion for the reporting week, the RBI said in the weekly data.

Rupee falls 31 paisa/$, but sees best week sinse Jan '23

Rupee falls 31 paisa/$, but sees best week sinse Jan '23

Rediff.com6 Feb 2026

The rupee declined 31 paise to settle at 90.65 against the US dollar on Friday, weighed down by geopolitical uncertainties over the US-Iran talks, and a sharp rise in global crude oil prices.

India's forex reserves slip to $293.97 bn

India's forex reserves slip to $293.97 bn

Rediff.com28 Sep 2012

The foreign exchange reserves fell by $502.4 million to $293.97 billion due to fall in the currency assets, according to Reserve Bank data released on Friday.

Forex reserves set to top $655 bn by Mar

Forex reserves set to top $655 bn by Mar

Rediff.com23 Aug 2021

As the central bank continues to increase forex reserves by running down the forward book which totalled $42 billion as of end-July, signalling its strong resolve to build a bigger reserve cushion to aid its expansionary, unorthodox monetary policy, the reserves are set to top the $655-billion-mark by March, according to a report. The forex kitty declined by $2.10 billion to $619.36 billion for the week to August 13 due to a fall in the core currency assets and gold, showed the latest RBI data. The reserves had risen to a lifetime high of $621.46 billion in the previous reporting week ending August 6.

India's forex reserves dip by $1.16 bn

India's forex reserves dip by $1.16 bn

Rediff.com11 Jun 2005

Hit by the revaluation of international currencies, India's foreign exchange reserves dipped by a massive $1.16 billion for the week ended June 3, 2005.

Rupee Falls as Investors Await RBI Decision and Monitor US-Iran Standoff

Rupee Falls as Investors Await RBI Decision and Monitor US-Iran Standoff

Rediff.com7 Apr 2026

The Indian rupee weakened against the US dollar due to geopolitical tensions surrounding the Strait of Hormuz and ahead of the Reserve Bank of India's monetary policy review.

India's forex reserves dip to $136.9 billion

India's forex reserves dip to $136.9 billion

Rediff.com16 Jul 2005

India's foreign exchange reserves fell for the third week in a row by $544 million for the week ended July eight, 2005.

Banks urge RBI to revisit forex cap, flag MTM losses

Banks urge RBI to revisit forex cap, flag MTM losses

Rediff.com30 Mar 2026

Indian banks are urging the Reserve Bank of India (RBI) to reconsider its new $100 million cap on net open foreign-exchange positions, warning that the directive could lead to significant mark-to-market (MTM) losses and force an accelerated unwinding of trades, potentially impacting FY26 earnings.

India's forex reserves up at $280.19 bn

India's forex reserves up at $280.19 bn

Rediff.com20 Jul 2013

The country's foreign exchange reserves rose by $21.1 million to $280.19 billion, the Reserve Bank said.

'We Need Petrol More Than Gold Right Now'

'We Need Petrol More Than Gold Right Now'

Rediff.com11 May 2026

'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'

Rupee falls 28 paise to 93.44 amid US-Iran talks uncertainty

Rupee falls 28 paise to 93.44 amid US-Iran talks uncertainty

Rediff.com21 Apr 2026

The Indian rupee depreciated by 28 paise to settle at 93.44 against the US dollar, influenced by ongoing uncertainties surrounding West Asia peace negotiations, volatile crude oil prices, and the Reserve Bank of India's recent adjustments to non-deliverable forward market regulations.

FPIs Withdraw Rs 62,800 Crore from Indian Equities in First Fortnight of June

FPIs Withdraw Rs 62,800 Crore from Indian Equities in First Fortnight of June

Rediff.com14 Jun 2026

Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.

'95-96 To A Dollar Is Not A Healthy Sign At All'

'95-96 To A Dollar Is Not A Healthy Sign At All'

Rediff.com20 May 2026

'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'

Why FPIs pulled out Rs 43,000 cr in first week of June

Why FPIs pulled out Rs 43,000 cr in first week of June

Rediff.com7 Jun 2026

Foreign Portfolio Investors (FPIs) have withdrawn nearly Rs 43,000 crore from Indian equities in the first week of June, contributing to a total outflow of Rs 2.67 lakh crore in 2026, driven by a global shift towards technology and AI-linked opportunities and persistent rupee depreciation.

Forex reserves at three-year low

Forex reserves at three-year low

Rediff.com13 Jul 2013

The fall in reserves was due to a sharp fall in foreign currency assets.

Why rupee is among the most vulnerable Asian currencies

Why rupee is among the most vulnerable Asian currencies

Rediff.com23 May 2026

The Indian rupee is highly vulnerable among Asian currencies, with Barclays and MUFG warning of a potential depreciation towards 100/$ if the West Asia conflict persists, driven by widening current account deficits and elevated crude oil prices.

Rupee Rebounds 50 Paise from All-Time Low to Settle at 96.36/$

Rupee Rebounds 50 Paise from All-Time Low to Settle at 96.36/$

Rediff.com21 May 2026

The Indian rupee rebounded 50 paise from its all-time closing low to settle at 96.36 against the US dollar, driven by retreating crude oil prices, signs of easing geopolitical friction, and likely central bank intervention.

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

Rediff.com18 May 2026

'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.'

Rupee crashes to record low of 95.81/USD on crude oil, inflation worries

Rupee crashes to record low of 95.81/USD on crude oil, inflation worries

Rediff.com15 May 2026

The Indian rupee plummeted to a new all-time closing low of 95.81 against the US dollar, driven by surging crude oil prices, persistent inflation concerns, and a strengthening dollar index.

Forex reserves down $2.82 b to $287.85 bn

Forex reserves down $2.82 b to $287.85 bn

Rediff.com28 Jun 2013

The total reserves had gone up by $982 million in the previous reporting week.

Rupee breaches 93/dollar for the first time, down 19 paise

Rupee breaches 93/dollar for the first time, down 19 paise

Rediff.com20 Mar 2026

The Indian rupee weakened to a record intra-day low against the US dollar due to a strengthening greenback, continuous foreign capital outflows, and elevated global crude oil prices amidst the West Asia conflict.

'Biggest Single Danger Is If Remittances Come Down'

'Biggest Single Danger Is If Remittances Come Down'

Rediff.com13 May 2026

'At the first sign of real trouble, that money will move. There will be a run.'

Rupee loses 10% vs USD over a year, FX reserves fall to near 2-yr low

Rupee loses 10% vs USD over a year, FX reserves fall to near 2-yr low

Rediff.com27 Sep 2022

The rupee has depreciated 9.7 per cent against the US dollar over a year and with the RBI stemming the rupee's weakness through dollar sales, its reserves have dropped to their lowest levels since October, 2020. The fall in reserves has widespread implications.

Iran Crisis: 'No Nation More Exposed Than India'

Iran Crisis: 'No Nation More Exposed Than India'

Rediff.com27 Mar 2026

'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.'

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.

Rupee ends up 53 paise to 89.67/USD

Rupee ends up 53 paise to 89.67/USD

Rediff.com19 Dec 2025

The rupee appreciated 53 paise to close at 89.67 against the US dollar on Friday, supported by corporate dollar inflows and easing crude oil prices. Forex traders said a positive trend in domestic equities and Brent crude oil prices hovering near $59 per barrel supported the domestic unit at lower levels.

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 down $3 bn to $561 bn

Forex reserves down $3 bn to $561 bn

Rediff.com2 Sep 2022

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.

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).