News for 'foreign exchange reserves'

India's forex reserves jump by $4.55 bn to $674.66 bn

India's forex reserves jump by $4.55 bn to $674.66 bn

Rediff.com23 Aug 2024

India's forex reserves jumped by $4.55 billion to $674.66 billion during the week ended August 16, the RBI said on Friday. In the previous week, the forex kitty had dropped by $4.8 billion to $670.12 billion.

Forex reserves jump $2.3 billion to fresh record of $683.99 billion

Forex reserves jump $2.3 billion to fresh record of $683.99 billion

Rediff.com6 Sep 2024

India's forex reserves jumped by $2.3 billion to a new high of $683.99 billion for the week ended on August 30, according to the RBI data release on Friday. In the previous reporting week, the forex reserves had jumped by $7.02 billion to a high of $681.69 billion.

Forex reserves drop $4.8 bn to $670.11 bn

Forex reserves drop $4.8 bn to $670.11 bn

Rediff.com16 Aug 2024

India's forex reserves dropped by $4.8 billion to $670.12 billion for the week ended August 9, the Reserve Bank of India said on Friday. In the previous reporting week, the kitty jumped by $7.53 billion to an all-time high of $674.92 billion.

After 4 months, forex reserves once again above $600 bn

After 4 months, forex reserves once again above $600 bn

Rediff.com8 Dec 2023

India's foreign exchange reserves increased to $604 billion as on December 1, surpassing the $600 billion mark after a gap of about four months. The forex reserves were last above the $600 billion mark on August 11 this year. "India's foreign exchange reserves stood at $604 billion as on December 1, 2023.

Forex reserves rise $223 mn to a fresh high of $689.46 bn

Forex reserves rise $223 mn to a fresh high of $689.46 bn

Rediff.com21 Sep 2024

India's forex reserves rose by $223 million to a new all-time high of $689.46 billion for the week ended on September 13, according to the Reserve Bank data released on Friday. The overall forex kitty had jumped by $5.25 billion to a high of $689.24 billion for the previous reporting week ended on September 6.

Sensex ends lower on foreign fund outflows, selling in blue-chips

Sensex ends lower on foreign fund outflows, selling in blue-chips

Rediff.com13 Jan 2026

From the 30-Sensex firms, Trent, Larsen & Toubro, Reliance Industries, InterGlobe Aviation, Maruti, ITC, Adani Ports and Bharat Electronics were among the biggest laggards. In contrast, Eternal, ICICI Bank, Tech Mahindra, State Bank of India and Tata Consultancy Services were among the gainers.

Forex reserves swell $2.83 bn to a new high of $692.3 bn

Forex reserves swell $2.83 bn to a new high of $692.3 bn

Rediff.com27 Sep 2024

India's forex reserves jumped by $2.84 billion to a new all-time high of $692.3 billion for the week ended September 20, the RBI said on Friday. The overall kitty had increased by $223 million to a new high of $689.46 billion for the previous reporting week.

How BSE, NSE will likely perform this week

How BSE, NSE will likely perform this week

Rediff.com25 Jan 2026

Stock market is gearing up for an eventful week ahead where key triggers such as quarterly earnings from corporates, the US Fed interest rate decision and the upcoming Union Budget for 2026-27 would grab the limelight, analysts said.

Sensex and Nifty Rally as US-Iran Ceasefire Boosts Global Markets

Sensex and Nifty Rally as US-Iran Ceasefire Boosts Global Markets

Rediff.com8 Apr 2026

Indian stock markets experienced a significant rally following the announcement of a US-Iran ceasefire, coupled with a drop in crude oil prices. The Sensex and Nifty both closed nearly 4 per cent higher, mirroring gains in global markets.

Stock Markets Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Stock Markets Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Rediff.com8 Apr 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Forex reserves fall $897 mn to $572.978 bn

Forex reserves fall $897 mn to $572.978 bn

Rediff.com12 Aug 2022

The country's foreign exchange reserves declined $897 million to $572.98 billion in the week ended August 5, according to the Reserve Bank of India (RBI). In the previous week ended July 29, the reserves had risen $2.31 billion to $573.87 billion. In the week ended August 5, the fall in the foreign exchange reserves was due to a dip in the Foreign Currency Assets (FCA), a major component of the overall reserves, as per the Weekly Statistical Supplement released by RBI on Friday.

Forex reserves jump $4 bn to new high of $670.86 bn

Forex reserves jump $4 bn to new high of $670.86 bn

Rediff.com26 Jul 2024

Surpassing the all-time high level achieved the previous week, India's forex reserves jumped by another $4 billion to $670.86 billion for the seven days ended July 19, the Reserve Bank said on Friday. The overall reserves had jumped by $9.7 billion to an all-time high of $666.85 billion in the week ended July 12.

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rediff.com31 Dec 2025

The Indian rupee, swaying through multiple headwinds, tiding over global trade disruptions and massive foreign fund outlfows, is unlikely to arrest its descent until tariff impact overhangs, notwithstanding robust domestic macroeconomic tailwinds. The Reserve Bank of India (RBI), which sees the rupee's depreciation as a silver bullet to offset the tariff shock, expects the currency to find its stable course once India reaches a trade deal with its largest trading partner, the US.

India's forex kitty drops $4.89 bn to $685.73 bn

India's forex kitty drops $4.89 bn to $685.73 bn

Rediff.com23 May 2025

India's forex reserves dropped $4.89 billion to $685.73 billion for the week ended May 16, the Reserve Bank of India said on Friday. The overall reserves jumped by $4.553 billion to $690.617 billion in the previous reporting week.

India's forex reserves decline $1.71 bn to $651.99 bn

India's forex reserves decline $1.71 bn to $651.99 bn

Rediff.com6 Jul 2024

India's forex reserves dropped $1.71 billion to $651.99 billion for the week ended June 28, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall kitty had dropped $2.92 billion to $652.89 billion. The reserves had touched an all-time high of $655.82 billion as on June 7 this year.

Silver's breakout drags gold-silver ratio to lowest in over a decade

Silver's breakout drags gold-silver ratio to lowest in over a decade

Rediff.com8 Jan 2026

ilver continues to outperform the yellow metal, with the gold-to-silver price ratio declining to its lowest level since 2013. The ratio fell to around 57 on Wednesday in the international market, from a five-year high of 100.8 at the end of April 2025.

Forex reserves jump $5.16 bn to $657.16 bn

Forex reserves jump $5.16 bn to $657.16 bn

Rediff.com12 Jul 2024

India's forex reserves jumped $5.16 billion to $657.16 billion during the week ended July 5, the Reserve Bank of India (RBI) said on Friday. The forex kitty had declined for the previous two consecutive weeks, dropping $1.71 billion to $652 billion for the week ended June 28. The reserves had touched an all-time high of $655.82 billion as on June 7 this year.

Sitharaman on India's rising gold reserves

Sitharaman on India's rising gold reserves

Rediff.com10 Feb 2025

Finance Minister Nirmala Sitharaman on Monday clarified in the Lok Sabha that India's rising gold reserves, including those held by the Reserve Bank of India (RBI), is not intended to replace any international currency.

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.

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

Rediff.com13 Feb 2026

Nearly two-thirds of external commercial borrowings (ECBs) raised so far in the ongoing financial year (2025-26/FY26) have been routed through Gujarat International Finance Tec-City (GIFT City), a sharp jump from the 36 per cent recorded in 2024-25.

Setback to VK Sasikala, HC allows ED plea in foreign exchange case

Setback to VK Sasikala, HC allows ED plea in foreign exchange case

Rediff.com1 Feb 2017

The ED had filed six cases in the Additional Chief Metropolitan Magistrate (Economic Offences Court-I) which had discharged the duo in two cases in 2015 and directed them to face the trial in other cases.

India's forex reserves drop by $2 bn to $646.67 bn

India's forex reserves drop by $2 bn to $646.67 bn

Rediff.com31 May 2024

India's forex reserves dropped by $2.03 billion to $646.67 billion for the week ended May 24, the Reserve Bank said on Friday. In the previous reporting week, the kitty had reached an all-time high of $648.7 billion after a jump of $4.55 billion.

China's foreign trade declines, forex reserves drop to record low

China's foreign trade declines, forex reserves drop to record low

Rediff.com8 Sep 2015

Exports dipped 1.6 per cent to 8.95 trillion yuan.

India's forex reserves drop $2.92 bn to $652.9 bn

India's forex reserves drop $2.92 bn to $652.9 bn

Rediff.com21 Jun 2024

India's forex reserves dropped by $2.922 billion to $652.9 billion for the week ended June 14, the Reserve Bank said on Friday. In the previous reporting week, the kitty had jumped by $4.307 billion to $655.817 billion, a new all-time high after consecutive weeks of increase in the reserves.

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.

Forex reserves rise $1.23 billion to $596.28 billion

Forex reserves rise $1.23 billion to $596.28 billion

Rediff.com14 Jul 2023

India's foreign exchange reserves jumped $1.23 billion to $596.28 billion in the week ended July 7, the Reserve Bank of India said on Friday. In the previous reporting week, the overall forex reserves increased $1.85 billion to $595.05 billion. In October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Is The World Moving Towards De-Dollarisation?

Is The World Moving Towards De-Dollarisation?

Rediff.com2 May 2026

India should not stay on the margins of this initiative. There should be a serious debate about what would be in India's best interests asserts former foreign secretary Shyam Saran.

Forex reserves rise $4.532 bn to $588.78 bn

Forex reserves rise $4.532 bn to $588.78 bn

Rediff.com5 May 2023

India's foreign exchange reserves jumped $4.53 billion to $588.78 billion for the week ended April 28, the Reserve Bank of India said on Friday. The overall reserves had dropped $2.16 billion to $584.25 billion in the previous reporting week. In October 2021, the country's forex reserves had touched an all-time high of $645 billion.

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 surge by $58.38 bn in H1

Forex reserves surge by $58.38 bn in H1

Rediff.com28 Oct 2021

The country's foreign exchange reserves surged by $58.38 billion in April-September 2021 to $635.36 billion, says an RBI report released on Wednesday. The forex reserves were at $576.98 billion at end-March 2021. The Reserve Bank of India (RBI) publishes half-yearly reports on management of foreign exchange reserves.

Forex reserves rise by $1.85 billion to $595.05 billion

Forex reserves rise by $1.85 billion to $595.05 billion

Rediff.com7 Jul 2023

India's foreign exchange reserves rose by $1.85 billion to $595.05 billion in the week ended on June 30, the Reserve Bank of India said on Friday. The overall reserve had dropped by $2.90 billion to $593.20 billion in the previous reporting week. In October 2021, the country's forex reserve had reached an all-time high of $645 billion.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com17 Nov 2025

Domestic PMI data, US Federal Reserve meeting minutes and the progress on India-US trade deal negotiations are likely to influence movement in the equity market in the week ahead, according to analysts. Moreover, the trading activity of foreign investors would also influence the equity market trends.

Forex reserves surge by $32.29 bn in six months: RBI

Forex reserves surge by $32.29 bn in six months: RBI

Rediff.com12 May 2021

The country's foreign exchange reserves surged to $576.98 billion as on March 31, 2021 from $544.69 billion at September-end last year, an RBI report said. Foreign currency assets (FCA), a major component of the overall reserves, increased to $536.693 billion as at March-end 2021 from $502.162 billion, the report noted. On balance of payments basis (excluding valuation changes), foreign exchange reserves increased by $83.9 billion during April-December 2020 as compared with $40.7 billion in the year-ago period, it said.

Forex reserves jump $2.56 bn to $644.15 bn

Forex reserves jump $2.56 bn to $644.15 bn

Rediff.com17 May 2024

India's forex reserves jumped $2.56 billion to $644.15 billion for the week ended May 10, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the kitty had increased $3.67 billion to $641.59 billion after three consecutive weeks of decline.

Economy picked up steam in Oct on GST rejig, festival spends

Economy picked up steam in Oct on GST rejig, festival spends

Rediff.com25 Nov 2025

Notwithstanding global headwinds, the Indian economy saw further momentum in October on the back of goods and services tax (GST) rate rationalisation and festival spending, as indicated by high-frequency indicators, the Reserve Bank of India's (RBI's) monthly State of the Economy report said.

India's forex reserves hit record high of $655.8 bn

India's forex reserves hit record high of $655.8 bn

Rediff.com14 Jun 2024

India's forex reserves jumped $4.307 billion to a new all-time high of $655.82 billion for the week ended June 7, the Reserve Bank of India (RBI) on Friday. The kitty had jumped $4.84 billion to $651.51 billion in the previous reporting week.

Forex reserve jumps by $9.70 bn to all-time high of $666.85 bn

Forex reserve jumps by $9.70 bn to all-time high of $666.85 bn

Rediff.com19 Jul 2024

India's forex reserves jumped by $9.7 billion to an all-time high of $666.85 billion for the week ended July 12, the RBI said on Friday. In the previous reporting week, the kitty had increased by $5.16 billion to $657.16 billion, surpassing the previous high of $655.82 billion for the week ended June 7.

Rupee undervalued as compared to peers

Rupee undervalued as compared to peers

Rediff.com26 Sep 2025

The rupee is undervalued as compared to its peers, shows the latest data from the Reserve Bank of India (RBI), even as the local currency keeps hitting new lows.

Forex reserves jump by $7.2 billion to $595.98 billion

Forex reserves jump by $7.2 billion to $595.98 billion

Rediff.com12 May 2023

The overall reserves had dropped by $4.53 billion to $588.78 billion in the previous reporting week. In October 2021, the country's forex reserve had reached an all-time high of $645 billion. The reserves have been declining as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments.

Forex reserves jump to $622.47 billion

Forex reserves jump to $622.47 billion

Rediff.com9 Feb 2024

India's forex reserves jumped by $5.74 billion to $622.47 billion for the week ended February 2, the Reserve Bank said on Friday. In the previous week, the overall reserves had increased by $591 million to $616.73 billion. In October 2021, the country's forex kitty had reached an all-time high of $645 billion.