News for 'Forex Reserves Rise'

Forex reserves cross $84-bn mark

Forex reserves cross $84-bn mark

Rediff.com26 Jul 2003

India's foreign exchange reserves crossed the $84 billion mark following record inflows during the week ending July 18, 2003.

Forex reserves cross $79-billion mark

Forex reserves cross $79-billion mark

Rediff.com24 May 2003

India's foreign exchange reserves continue to scale new heights and crossed the $79 billion mark following inflows of $666 million during the week ending May 17.\n\n\n\n

Forex reserves up by $235 mn

Forex reserves up by $235 mn

Rediff.com12 Apr 2003

India's foreign exchange reserves rose by $235 million at $75.040 billion during the week ended April 4.

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.

Gadkari wants to use forex reserves to fund infra projects

Gadkari wants to use forex reserves to fund infra projects

Rediff.com11 Aug 2021

Union Road Transport and Highways Minister Nitin Gadkari on Wednesday pitched for formulating a policy for using the Reserve Bank of India's rising foreign exchange reserves for funding road projects, saying the country needs low cost finance for such infrastructure projects. Addressing a virtual event organised by industry body CII, Gadkari further said that the National Highways Authority of India (NHAI) should also have a financial arm like the power ministry's Power Finance Corporation (PFC). "We have a surplus of dollar reserves in the country. I have decided to talk with the RBI Governor, about how we can formulate a policy by which we can use this foreign exchange reserves for development of infrastructure in the country," he said.

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).

India's forex reserves at all-time high of $490 billion

India's forex reserves at all-time high of $490 billion

Rediff.com29 May 2020

The country's foreign exchange reserves swelled by USD 3.005 billion to a lifetime high of USD 490.044 billion in the week ending May 22, mainly on account of a rise in foreign currency assets, RBI data showed on Friday. In the previous week, the reserves had increased by USD 1.726 billion to USD 487.04 billion.

India's forex reserves up by $1.73 billion

India's forex reserves up by $1.73 billion

Rediff.com8 Nov 2014

The country's foreign exchange reserves rose by $1.73 billion for the week ended October 31 to $315.91 billion, show Reserve Bank of India (RBI) data released on Friday, marking one of the sharpest rises ever.

Forex reserves up at $117.57 billion

Forex reserves up at $117.57 billion

Rediff.com11 Sep 2004

India's foreign exchange reserves showed a marginal rise of $54 million during the week ended September 3 after witnessing a sharp decline of $1.370 billion in the previous week.

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.

Forex reserves up at $142.54 billion

Forex reserves up at $142.54 billion

Rediff.com30 Apr 2005

After witnessing only a marginal rise in inflows for three weeks, India's foreign exchange reserves rose by $1 billion to $142.54 billion for the week ended April 22, 2005.

Forex reserves up $500 million to $310 billion

Forex reserves up $500 million to $310 billion

Rediff.com2 May 2014

Foreign currency assets, a major part of the overall reserves, surged $493.2 million to $282.029 billion for the period under review, Reserve Bank of India said on Friday.

Forex reserves up at $100.59 bn

Forex reserves up at $100.59 bn

Rediff.com3 Jan 2004

India's foreign exchange reserves rose to $100.59 billion in the week ended December 26 from $100.04 billion the previous week, according to the Reserve Bank of India's weekly statistical supplement released in Mumbai on Saturday.

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 cross a record $81 billion

Forex reserves cross a record $81 billion

Rediff.com7 Jun 2003

India's foreign exchange reserves crossed the $81 billion mark following inflows of $513 million during the week ended May 30.\n\n\n\n

Forex reserves touch all-time high of $356 bn

Forex reserves touch all-time high of $356 bn

Rediff.com26 Mar 2016

Rise in reserves was predominantly on account of increase in FCAs

Highlights of RBI's monetary policy

Highlights of RBI's monetary policy

Rediff.com7 Feb 2025

The Reserve Bank of India (RBI) on Friday cut the repo rate by 25 basis points to 6.25 percent, marking the first reduction in five years. The central bank also projected GDP growth for fiscal year 2026 at 6.7 percent and inflation to come down to 4.2 percent in FY26 from 4.8 percent in FY25. The RBI said the global economic backdrop remains challenging but the Indian economy continues to remain strong and resilient.

India's forex reserves up by $2.29 billion

India's forex reserves up by $2.29 billion

Rediff.com29 Jul 2011

After declining for two consecutive weeks, the country's foreign exchange reserves jumped by $2.294 billion to $316.801 billion on the back of healthy rise in foreign currency assets last week.

Forex kitty grows for 2nd consecutive week; rises $2.54 bn to $547.25 bn

Forex kitty grows for 2nd consecutive week; rises $2.54 bn to $547.25 bn

Rediff.com25 Nov 2022

In the second consecutive week of an increase in the kitty, India's forex reserves have grown by $2.54 billion to $547.25 billion for the week ended November 18, the RBI said on Friday. In the previous reporting week, the overall kitty had swelled by $14.72 billion in the highest weekly rise since August 2021 to $544.71 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

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.

India's forex reserves fall sharply to $351.92 bn

India's forex reserves fall sharply to $351.92 bn

Rediff.com4 Sep 2015

Country's foreign exchange reserves declined sharply by $3.433 billion to $351.920 billion.

Forex reserves hit new record high of $333 billion

Forex reserves hit new record high of $333 billion

Rediff.com21 Feb 2015

Foreign exchange reserves have hit a fresh high.

$1 trillion forex reserves in India: A pipe dream

$1 trillion forex reserves in India: A pipe dream

Rediff.com4 Apr 2015

India's foreign exchange reserves are at an all-time high.

RBI Forex Intervention Hits Highest In 17 Years

RBI Forex Intervention Hits Highest In 17 Years

Rediff.com23 May 2025

In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.

Rising forex kitty giving RBI a headache

Rising forex kitty giving RBI a headache

Rediff.com10 Mar 2004

Surging forex reserves, now over $108 billion, have put 'considerable' pressure on the Reserve Bank of India, which finds the existing money control instruments inadequate to manage the capital inflows, according to PNB Gilts.

India's forex reserves at a peak $ 393 bn, says DBS

India's forex reserves at a peak $ 393 bn, says DBS

Rediff.com22 Aug 2017

India's foreign reserves continue to march to record highs, touching USD 393 billion early this month backed by strong foreign portfolio and investment flows, according to Development Bank of Singapore.

Forex reserves climb to all-time high of $330 billion

Forex reserves climb to all-time high of $330 billion

Rediff.com14 Feb 2015

Foreign currency assets, a key component rose $1.6 bn to $304.9 bn.

Forex reserves zoom up to $75.75 billion

Forex reserves zoom up to $75.75 billion

Rediff.com19 Apr 2003

Continuing their upward march due to fresh inflows, India's foreign exchange reserves have further surged ahead by $711 million at $75.751 billion during the week ended April 11.

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 at new life-time high of $ 430.57 bn

India's forex reserves at new life-time high of $ 430.57 bn

Rediff.com16 Aug 2019

India's reserve position with IMF rose by $ 7 million to $ 3.636 billion.

RBI gets windfall from rising gold prices

RBI gets windfall from rising gold prices

Rediff.com10 Aug 2019

The rising price of the precious metal has helped the central bank increase overall forex reserves despite currency reserves not rising, and sometimes even falling.

RBI buys record gold this year: At 700 tonnes, reserves up 27% in 2 years

RBI buys record gold this year: At 700 tonnes, reserves up 27% in 2 years

Rediff.com19 Aug 2021

The Reserve Bank of India (RBI) has increased its gold purchases, as part of its foreign exchange (forex) reserves. In the first half (H1) of calendar year 2021 (CY21), the addition of gold to India's forex reserves has been the highest - on a half-yearly basis -at 29 tonnes. Now, the RBI's gold holding - as a proportion of its forex reserves - has for the first time crossed 700 tonnes.

India's forex kitty jumps $3.03 bn to $576.76 bn

India's forex kitty jumps $3.03 bn to $576.76 bn

Rediff.com3 Feb 2023

India's forex reserves increased by $3.034 billion to $576.76 billion as of January 27, making it the third consecutive week of a jump in the kitty. The overall reserves had risen by $1.727 billion to $573.727 billion in 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.

RIB payout to pare forex reserves to $79 bn

RIB payout to pare forex reserves to $79 bn

Rediff.com20 Jun 2003

The Institute of Economic Growth has forecast a depletion in the foreign exchange reserves to $79 billion in August mainly due to over $4 billion dollar payout of Resurgent India Bonds.

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.

Rupee tops 47-mark; forex reserves at $273 bn

Rupee tops 47-mark; forex reserves at $273 bn

Rediff.com21 May 2010

The rupee on Friday breached the psychological 47-mark after six-and-a-half months on heavy dollar outflow, but ended the day with a marginal fall of 15 paise against the American currency at 46.96/97.

Forex reserves up $26.4 billion in 9 months

Forex reserves up $26.4 billion in 9 months

Rediff.com1 Apr 2004

Propelled by foreign investment inflows, India's foreign exchange reserves grew by $26.4 billion for the nine-month period ended December 31, 2003, over a rise of $16.3 billion in the corresponding period of previous fiscal.

India's forex reserves up $2.263 billion to $353.069 billion

India's forex reserves up $2.263 billion to $353.069 billion

Rediff.com16 Oct 2015

The gold reserves remained unchanged at $18.151 billion.

India's forex reserves at an all-time high of $330.21 billion

India's forex reserves at an all-time high of $330.21 billion

Rediff.com13 Feb 2015

The rise in reserves was $2.12 billion.

After four-week uptrend, forex reserves drop by $1.65 bn

After four-week uptrend, forex reserves drop by $1.65 bn

Rediff.com9 Nov 2013

After rising for four consecutive weeks, India's foreign exchange reserves declined by $1.657 billion to $281.294 billion in the week to November 1 on account of drop in a key component, Reserve Bank said.