News for 'Forex Reserves Rise'

Forex reserves hit lifetime high, rise $2.8 bn to $592.89 bn

Forex reserves hit lifetime high, rise $2.8 bn to $592.89 bn

Rediff.com28 May 2021

The country's foreign exchange reserves rose by $2.865 billion to a record high of $592.894 billion for the week ended May 21, boosted by gold and currency assets, RBI data showed on Friday. The previous all-time high for the forex kitty was $590.185 billion for the week ended January 29, 2021. For the previous week ended May 14, the reserves had increased by $563 million to reach $590.028 billion.

India's forex reserves cross half-a-trillion dollar mark for first time

India's forex reserves cross half-a-trillion dollar mark for first time

Rediff.com12 Jun 2020

The reserves rose to $501.70 billion helped by a whopping rise in foreign currency assets, the latest data from the Reserve Bank of India.

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.

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 kitty jumps $12.59 bn to hit record high of $704.88 bn

Forex kitty jumps $12.59 bn to hit record high of $704.88 bn

Rediff.com4 Oct 2024

India's forex reserves jumped by $12.59 billion to a new all-time high of $704.88 billion for the week ended September 27, the Reserve Bank said on Friday. The overall kitty had swelled by $2.84 billion to $692.3 billion in the previous reporting week. The $12.588 billion would be one of the highest weekly rises ever and this is the first time the reserves have crossed the $700 billion mark.

Forex reserves up $588 million

Forex reserves up $588 million

Rediff.com10 May 2003

India's foreign exchange reserves continued to rise to record levels with fresh inflows of $588 million to touch $77.598 billion during the week ended May 2.

Sebi chief slams repeated outages at exchanges

Sebi chief slams repeated outages at exchanges

Rediff.com4 Nov 2025

Days after an outage at MCX, Sebi chairman Tuhin Kanta Pandey on Tuesday expressed his displeasure over "repeated" instances of breakdowns at exchanges.

Forex reserves cross $121 bn

Forex reserves cross $121 bn

Rediff.com24 Jul 2004

India's foreign exchange reserves further rose by $328 million to cross the $121 billion mark for the week ended July 16.

Forex reserves up @ $141 bn

Forex reserves up @ $141 bn

Rediff.com9 Apr 2005

India's foreign exchange reserves grew by $297 million to $141.20 billion for the week ended April one 2005,

Forex reserves cross $91 bn

Forex reserves cross $91 bn

Rediff.com25 Oct 2003

After registering a rise of over $2 billion in the previous week, India's foreign exchange reserves increased by $962 million to cross the $91 billion mark in the week ended October 17.

'Strong Reforms, Not Panic, Will Help Ride Out Rupee's Weakness'

'Strong Reforms, Not Panic, Will Help Ride Out Rupee's Weakness'

Rediff.com5 Dec 2025

'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.'

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 cross $78 billion

Forex reserves cross $78 billion

Rediff.com17 May 2003

India's foreign exchange reserves continued to scale new heights and crossed the $78-billion mark following record inflows during the week ending May 9.

Forex reserves cross $75 billion

Forex reserves cross $75 billion

Rediff.com22 Feb 2003

The foreign exchange reserves during the week ending February 14 rose by $616 million mainly due to foreign investments and export remittances at $75,283 million, according to Reserve Bank of India

Forex reserves cross $80 billion

Forex reserves cross $80 billion

Rediff.com31 May 2003

Foreign exchange reserves rose by $1.591 billion to touch $80.816 billion in the reporting week.

Forex reserves cross $127 bn

Forex reserves cross $127 bn

Rediff.com4 Dec 2004

Heavy investment inflows and revaluation of currencies led to a surge in the country's foreign exchange by a record $1.82 billion during the week ending November 26, 2004.

Forex reserves up $869 million

Forex reserves up $869 million

Rediff.com12 Jul 2003

After recording a decline in the previous week, India's foreign exchange reserves jumped by $869 million at $82.774 billion during the week ended July 4.\n\n\n\n

Trade deficit: Enough forex reserve to easily finance 59% of India's imports

Trade deficit: Enough forex reserve to easily finance 59% of India's imports

Rediff.com22 Jul 2013

The trade deficit makes up an important part of the current account deficit, which had touched an all-time high of 4.8 per cent in 2012-13.

'Don't Put Significant Portion Of Portfolio In Gold, Silver'

'Don't Put Significant Portion Of Portfolio In Gold, Silver'

Rediff.com14 Oct 2025

'For most investors, I recommend a low double-digit allocation (10 to 12 per cent) to gold and silver combined.'

Forex kitty rises by $1.78 billion to $573.78 billion

Forex kitty rises by $1.78 billion to $573.78 billion

Rediff.com27 Jan 2023

India's forex reserves increased by $1.78 billion to $573.78 billion in the week ended January 20, the Reserve Bank of India said on Friday. This is the second consecutive week of a rise in the kitty after the $10.42 billion jump to $572 billion during the preceding week. In October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

Rediff.com3 Dec 2025

The rupee breached 90-levels against the greenback for the first time on Wednesday, falling 6 paise to 90.02 in early trade, as banks kept buying US dollars at higher levels and FII outflows continued.

Forex reserves jump by $2.76 bn to $632.95 bn

Forex reserves jump by $2.76 bn to $632.95 bn

Rediff.com25 Feb 2022

The country's foreign exchange reserves increased by $2.76 billion to $632.95 billion for the week ended February 18 on a healthy rise in the value of gold reserves and core currency assets, the RBI said on Friday. In the previous reporting week, the overall reserves had declined by $1.76 billion to $630.19 billion. During the reporting week, the rise in overall reserves was on account of an increase in the foreign currency assets (FCA), a major component of the overall reserves, the Reserve Bank of India's (RBI) weekly data released on Friday showed.

Forex reserves up by $171.9 mn to $418.7 bn

Forex reserves up by $171.9 mn to $418.7 bn

Rediff.com10 May 2019

The country's reserve position with the International Monetary Fund also increased by $ 3.6 million to $ 3.344 billion.

India's forex reserves near $144 billion

India's forex reserves near $144 billion

Rediff.com3 Sep 2005

India's foreign exchange reserves resumed their upward journey, rising by usd 623 million during the week ended August 26, 2005.

Forex reserves drop marginally to $338 billion

Forex reserves drop marginally to $338 billion

Rediff.com13 Mar 2015

Gold reserves declined by $346.2 million.

Forex reserves up by $297 mn

Forex reserves up by $297 mn

Rediff.com16 Aug 2003

After a fall last week, India's foreign exchange reserves have recorded a rise again and are nearing the $85 billion mark.

Forex reserves touch new peak at $74.67 billion

Forex reserves touch new peak at $74.67 billion

Rediff.com15 Feb 2003

Robust trade flows and remittances by expatriates helped India's foreign exchange reserves rise for the 15th straight week to a record high, analysts said after the central bank released the latest data on Saturday.

Why Rupee Depreciation Should Not Be Resisted

Why Rupee Depreciation Should Not Be Resisted

Rediff.com4 Dec 2025

'Calibrated depreciation will help rebalance external fundamentals, offset some of the tariff differentials with competitors, improve the competitiveness of domestic substitutes vis-a-vis Chinese imports, and contribute to the easing of financial conditions at a time when the inflation rate is unusually low,' explains Sajjid Z Chinoy, head of Asia Economics at JP Morgan.

Forex reserves up by $343 million

Forex reserves up by $343 million

Rediff.com14 Jun 2003

India's foreign exchange reserves swelled by $343 million to record high of $81.672 billion, during the week ended June 6.\n\n\n\n

Forex reserves fall by $14 mn

Forex reserves fall by $14 mn

Rediff.com21 Aug 2004

India's foreign exchange reserves fell by $14 million during the week ended August 13 after witnessing a rise of $1.01 billion a week earlier.

Forex reserves drop by $142 mn

Forex reserves drop by $142 mn

Rediff.com12 Jun 2004

After recording a rise of over $ 1.24 billion in the previous week, India's foreign exchange reserves declined by $142 million led by a fall in gold reserves for the week ended June 4.

Forex reserves up by $253 mn

Forex reserves up by $253 mn

Rediff.com16 Apr 2005

India's foreign exchange reserves grew marginally by $253 million to $141.45 billion for the week ended April 8, 2005.

India's forex reserves cross $93 bn

India's forex reserves cross $93 bn

Rediff.com15 Nov 2003

India's foreign exchange reserves crossed the $93 billion mark following a further rise of $613 million due to fresh inflows for the week ended November 7.

Forex reserves down by $648 mn

Forex reserves down by $648 mn

Rediff.com7 May 2005

After witnessing a rise in inflows for the past three weeks, India's foreign exchange reserves fell by $648 million to stand at $1,41,898 for the week ended April 22, 2005.

India's forex reserves cross $125 bn

India's forex reserves cross $125 bn

Rediff.com27 Nov 2004

Robust trade and overseas investment inflows along with revaluation of currencies propelled India's foreign exchange reserves to rise further by $1.56 billion to cross $125 billion mark during the week ended November 19.

India's forex kitty drops $2.28 bn to $640.33 bn

India's forex kitty drops $2.28 bn to $640.33 bn

Rediff.com26 Apr 2024

India's forex reserves decreased $2.282 billion to $640.33 billion for the seven days ended April 19 in the second consecutive week of drop in the kitty, the Reserve Bank of India (RBI) said on Friday. The reserves had dropped $5.40 billion to $643.16 billion in the previous reporting week, ending a multi-week trend of an increase, which also saw the overall reserves touching a new all-time high of $$648.56 billion for the week ended April 5.

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.

India's forex reserves cross $70 bn

India's forex reserves cross $70 bn

Rediff.com4 Jan 2003

After recording a massive jump of over $1 billion in the previous week, India's foreign exchange reserves crossed a record high level of $70 billion in the week ended December 27.

Forex reserves surge past $95 bn

Forex reserves surge past $95 bn

Rediff.com29 Nov 2003

India's foreign exchange reserves witnessed a massive jump with a further accretion of 1.710 billion, a record rise in the current fiscal, to surge past the $95 billion mark for the week ended November 21.\n\n\n\n

RBI announces slew of measures to promote rupee

RBI announces slew of measures to promote rupee

Rediff.com1 Oct 2025

In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday announced a slew of measures, including allowing banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for bilateral trade.