News for 'Forex Reserves Surge'

Forex reserves up at $107.67 billion

Forex reserves up at $107.67 billion

Rediff.com28 Feb 2004

India's foreign exchange reserves surged ahead with further accretion of $169 million due to fresh inflows and revaluation of the US currency vis-a-vis other currencies for the week ended February 20.\n\n\n\n

Forex reserves rise to $103.82 bn

Forex reserves rise to $103.82 bn

Rediff.com17 Jan 2004

India's foreign exchange reserves surged ahead by a record inflow of over $1.7 billion to touch $103.82 billion during the week ended January 9, 2004.

Forex reserves rise to $631.95 bn

Forex reserves rise to $631.95 bn

Rediff.com11 Feb 2022

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.

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 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.

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.

India's forex reserves rise to $294.3 bn

India's forex reserves rise to $294.3 bn

Rediff.com7 Mar 2014

The country's foreign exchange reserves rose by $954.6 million to $294.36 billion on account of gains in the value of gold reserves, the Reserve Bank said.

Forex reserves down by $1.17 bn to $637.48 bn

Forex reserves down by $1.17 bn to $637.48 bn

Rediff.com8 Oct 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.

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 $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.

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 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 reserves cross $119 billion

Forex reserves cross $119 billion

Rediff.com9 Oct 2004

Bolstered by heavy inflows, India's foreign exchange reserves rose by $515 million, crossing the $119 billion mark.

Forex reserves near $74 billion

Forex reserves near $74 billion

Rediff.com22 Mar 2003

India's foreign exchange reserves continued to surge ahead and neared the $74-billion mark following fresh inflows of $178 million to touch $73,918 million during the week ended March 14.

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 rise by $889 mn to lifetime high of $621.464 bn

Forex reserves rise by $889 mn to lifetime high of $621.464 bn

Rediff.com13 Aug 2021

The country's foreign exchange reserves increased by $889 million to a lifetime high of $621.464 billion in the week ended August 6, 2021, RBI data showed on Friday. In the previous week ended July 30, 2021, the reserves had surged by $9.427 billion to reach $620.576 billion. In the reporting week, the increase in the forex kitty was due to a rise 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 up $2.37 bn at $363.17 bn

India's forex reserves up $2.37 bn at $363.17 bn

Rediff.com8 Jul 2016

In the previous week, the reserves had fallen by $3.028 billion to $360.797 billion.

Forex reserves near $300-billion mark

Forex reserves near $300-billion mark

Rediff.com28 Mar 2014

The total foreign exchange reserves had increased by $1.838 billion to $297.28 billion in the previous reporting week.

India's forex reserves reach record $487.23 bn

India's forex reserves reach record $487.23 bn

Rediff.com13 Mar 2020

Gold reserves rose by $320 million to $31 billion.

Rupee plunges 5% in 2025 amid persistent foreign fund outflows, dollar strength

Rupee plunges 5% in 2025 amid persistent foreign fund outflows, dollar strength

Rediff.com31 Dec 2025

The rupee slumped 5 per cent in 2025 as persistent capital outflows from foreign investors, alongside heightened dollar demand from importers, making it one of the worst-performing Asian currencies.

Forex reserves rise by $1.013 bn to record high of $610.012 bn

Forex reserves rise by $1.013 bn to record high of $610.012 bn

Rediff.com9 Jul 2021

The country's foreign exchange reserves swelled by $1.013 billion to touch a lifetime high of $610.012 billion in the week ended July 2, RBI data showed on Friday. In the previous week ended June 25, 2021, the reserves had jumped by $5.066 billion to reach $608.999 billion. During the reporting week, the rise in the forex kitty was mainly on account of an increase in foreign currency assets (FCA), a major component of the overall reserves.

India's forex reserves touch all-time high of $327.88 bn

India's forex reserves touch all-time high of $327.88 bn

Rediff.com6 Feb 2015

The country's gold reserves remained unchanged at $19.377 billion.

Economy's only silver lining: Forex reserves at $507 bn

Economy's only silver lining: Forex reserves at $507 bn

Rediff.com3 Jul 2020

Gold reserves in the reporting week increased by $707 million to $33.52 billion.

Forex reserves rise by $2.04 bn to $639.52 bn

Forex reserves rise by $2.04 bn to $639.52 bn

Rediff.com15 Oct 2021

The country's foreign exchange reserves rose by $2.04 billion to $639.52 billion in the week ended October 8, according to RBI data. In the previous week ended October 1, the reserves had dipped by $1.17 billion to $637.48 billion. The reserves had surged by $8.90 billion to a life time high of $642.45 billion in the week ended September 3.

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.

Forex reserves climb $582 mn to record $542.013 bn

Forex reserves climb $582 mn to record $542.013 bn

Rediff.com11 Sep 2020

Gold reserves rose by $321 million in the reporting week to $37.521 billion.

India's forex reserves cross $250-bn mark

India's forex reserves cross $250-bn mark

Rediff.com13 Oct 2007

India's foreign exchange reserves crossed $250-billion mark for the first time during the week ended October 5. Surging inflows of $ 3.568 billion swelled the reserves past the $250-billion mark at $ 251.330 billion. The reserves had increased to $ 247.762 billion due to a whopping $11.871-billion inflow during the week ended September 28.

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 jump to $354.29 bn

India's forex reserves jump to $354.29 bn

Rediff.com19 Jun 2015

Foreign currency assets rose $1.569 billion to $329.58 billion

Forex reserves climb to all-time high of $534.5 bn

Forex reserves climb to all-time high of $534.5 bn

Rediff.com7 Aug 2020

Gold reserves were up by $1.525 billion in the reporting week to $37.625 billion.

Forex kitty touches a new high of $448 bn

Forex kitty touches a new high of $448 bn

Rediff.com15 Nov 2019

During the week, gold reserves declined by $443 million to $26.910 billion.

Importers rush to hedge while exporters wait on sidelines amid rupee dip

Importers rush to hedge while exporters wait on sidelines amid rupee dip

Rediff.com5 Dec 2025

Importers are rushing to hedge their dollar positions amid the sharp depreciation of the rupee against the American currency and expectations of further volatility even as exporters are holding off after suffering mark-to-market (MTM) losses on earlier hedges.

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 reserves rise $8.895 billion to record high of $642.45 billion

Forex reserves rise $8.895 billion to record high of $642.45 billion

Rediff.com12 Sep 2021

The country's foreign exchange reserves increased by $8.895 billion to reach a record high of $642.453 billion in the week ended September 3, the Reserve Bank of India (RBI) data showed. In the previous week ended August 27, the reserves had surged $16.663 billion to $633.558 billion, mainly due to a rise in special drawing rights (SDR) holdings. International Monetary Fund (IMF) had made an allocation of SDR 12.57 billion to India. For the week ended September 3, the increase was on account of a rise in foreign currency assets (FCAs), a major component of the overall reserves, RBI's weekly data released on Friday showed.

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 kitty swells by $12.74 bn to $609.02 billion

Forex kitty swells by $12.74 bn to $609.02 billion

Rediff.com21 Jul 2023

India's forex reserves have swelled by $12.74 billion to $609.02 billion in the week ended July 14, making it one of the strongest weekly surges in the kitty in recent times, the Reserve Bank of India said on Friday. In the previous reporting week, the overall reserves had risen by $1.23 billion to $596.28 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

India's forex reserves hit all-time high at $322.14 billion

India's forex reserves hit all-time high at $322.14 billion

Rediff.com23 Jan 2015

The country's gold reserves remained unchanged at $19.377 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.

India's forex reserves down by $1.228 bn to $361.943 bn

India's forex reserves down by $1.228 bn to $361.943 bn

Rediff.com15 Jul 2016

Last week, the forex reserves had surged by $2.374 billion to $363.171 billion.

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.