News for 'foreign exchange reserves'

Forex reserves drop $462 mn to $590.32 bn

Forex reserves drop $462 mn to $590.32 bn

Rediff.com17 Nov 2023

India's forex kitty decreased by $462 million to $590.32 billion for the week ended November 10, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had increased by $4.67 billion to $590.78 billion. In October 2021, the country's forex kitty had reached an all-time high of $645 billio

Forex reserves dip by $5.87 bn to $590.59 bn

Forex reserves dip by $5.87 bn to $590.59 bn

Rediff.com24 Jun 2022

The country's foreign exchange reserves declined by $5.87 billion to $590.59 billion in the week ended on June 17, the RBI data showed. In the previous week ended on June 10, the reserves had dropped by $4.6 billion to $596.46 billion. In the reporting week, the forex reserves fell due to a dip in foreign current assets (FCAs), a major component of the overall reserves, and also in gold reserves, the data showed.

Forex reserves down $3.27 bn to $600.42 bn

Forex reserves down $3.27 bn to $600.42 bn

Rediff.com29 Apr 2022

The country's foreign exchange reserves decreased by $3.27 billion to $600.42 billion in the week ended April 22, RBI data showed. In the previous week, the reserves had declined by $311 million to $603.69 billion. During the reporting week, the fall in the reserves was on the account of a decline in the Foreign Currency Assets (FCA), a major component of the overall reserves, and gold reserves, Reserve Bank of India's (RBI) weekly data released on Friday showed.

Forex reserves fall to $634.29 bn

Forex reserves fall to $634.29 bn

Rediff.com28 Jan 2022

The country's foreign exchange reserves declined by $678 million to $634.29 billion in the week ended January 21, according to RBI data. In the previous week ended January 14, the reserves had increased by $2.23 billion to $634.96 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

Forex reserves rise $4.23 bn to $597.51 bn

Forex reserves rise $4.23 bn to $597.51 bn

Rediff.com27 May 2022

India's forex reserves increased by $4.23 billion to $597.51 billion for the week ended May 20 on the back of a high accretion of core currency assets, according to RBI data. The country's foreign exchange reserves had declined by $2.68 billion to $593.28 billion in the previous reporting week ended May 13. During the reporting week, the rise in the reserves was mainly on account of an increase in Foreign Currency Assets (FCA), a major component of the overall reserves, and gold reserves, as per weekly data released by Reserve Bank of India (RBI) on Friday.

Stock markets end lower in volatile trade

Stock markets end lower in volatile trade

Rediff.com24 Dec 2025

From the 30-Sensex firms, InterGlobe Aviation, Sun Pharma, Asian Paints, Reliance Industries, Hindustan Unilever, and Tata Steel were among the biggest laggards. However, Trent, UltraTech Cement, Maruti, and Power Grid were among the gainers.

Forex reserves fall $8.06 bn to $580.25 bn

Forex reserves fall $8.06 bn to $580.25 bn

Rediff.com15 Jul 2022

The country's foreign exchange reserves declined by a massive $8.062 billion to $580.252 billion in the week ended July 8, according to RBI data. In the previous week ended July 1, the reserves had dropped by $5.01 billion to $588.31 billion. During the reporting week ended July 8, the decrease in the reserves was on account of a fall in the Foreign Currency Assets (FCA), a major component of the overall reserves, and in the gold reserves, RBI said.

Sensex sheds 436 pts on profit booking in bank, oil shares

Sensex sheds 436 pts on profit booking in bank, oil shares

Rediff.com9 Dec 2025

Among the Sensex constituents, Asian Paints, Tech Mahindra, HCL Technologies, Tata Steel, Maruti Suzuki India, Sun Pharmaceuticals, Tata Consultancy Services, ICICI Bank, Bajaj Finance, UltraTech Cement, Mahindra & Mahindra and Tata Motors Passenger Vehicles were the laggards. However, Eternal, Titan, Adani Ports, Bharat Electronics Ltd, State Bank of India, Bajaj Finserv, NTPC and Bharti Airtel were among the gainers.

Forex reserves jump $5.08 bn to $595.40 bn

Forex reserves jump $5.08 bn to $595.40 bn

Rediff.com24 Nov 2023

India's forex reserves increased by $5.08 billion to $595.4 billion during the week ended November 17, the Reserve Bank said on Friday. In the previous reporting week, the kitty declined $462 million to $590.32 billion. For the week ended November 17, the foreign currency assets, a major component of the reserves, increased $4.39 billion to $526.39 billion, according to the Weekly Statistical Supplement released by the Reserve Bank of India (RBI).

India's forex kitty drops $5.69 bn to $634.58 bn

India's forex kitty drops $5.69 bn to $634.58 bn

Rediff.com10 Jan 2025

India's forex reserves dropped by $5.69 billion to $634.58 billion in the week ended January 3, the Reserve Bank of India said on Friday. In the previous reporting week, the overall kitty had declined by $4.11 billion to $640.28 billion.

'Confident of good trade deal with US'

'Confident of good trade deal with US'

Rediff.com21 Nov 2025

Officials from both India and the US in the recent past have indicated that a "fair deal" will be concluded soon, with Indian officials holding that more formal rounds of talks are not needed.

Forex reserves jump $9.11 bn to $615.97 bn

Forex reserves jump $9.11 bn to $615.97 bn

Rediff.com22 Dec 2023

India's forex reserves jumped $9.11 billion to $615.97 billion in the week ended December 15 and the quantum of increase is one of the highest for a week, according to RBI data. In the previous reporting week, the overall reserves had risen $2.82 billion to $606.86 billion. In October 2021, the country's forex kitty reached an all-time high of $645 billion.

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.

Sensex jumps 1,022.50 points; Nifty inches near record high

Sensex jumps 1,022.50 points; Nifty inches near record high

Rediff.com26 Nov 2025

Among Sensex firms, Bajaj Finserv, Bajaj Finance, Tata Steel, Reliance Industries, Sun Pharma, Tata Motors Passenger Vehicles, Axis Bank and Infosys were among the major gainers. Bharti Airtel and Asian Paints emerged as the laggards from the pack.

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.

Sensex tanks 610 pts; Nifty slips below 26K

Sensex tanks 610 pts; Nifty slips below 26K

Rediff.com8 Dec 2025

Among the Sensex constituents, Bharat Electronics Ltd, Eternal, Trent, Tata Steel, Bajaj Finance, Adani Ports, Bajaj Finserv, State Bank of India, PowerGrid, Asian Paints, Tata Motors Passenger Vehicles, Titan, NTPC, Kotak Mahindra Bank, Larsen & Toubro and Bharti Airtel were among the laggards. Tech Mahindra, HCL Technologies, Reliance Industries and HDFC Bank were the only gainers.

Forex kitty drops by $2.67 bn to $682.13 bn

Forex kitty drops by $2.67 bn to $682.13 bn

Rediff.com8 Nov 2024

India's forex reserves declined by $2.67 billion to $682.13 billion for the week ended November 1, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped by $3.46 billion to $684.805 billion.

Forex reserves fall $1.15 bn to $571.56 bn

Forex reserves fall $1.15 bn to $571.56 bn

Rediff.com29 Jul 2022

India's foreign exchange reserves declined $1.15 billion to $571.56 billion for the week ended July 22, according to RBI data. The reserves has been declining amid continuing volatility in the rupee which has also significantly depreciated against the US dollar. In the previous reporting week, the overall reserves had declined by $7.54 billion to $572.71 billion.

Forex reserves rise by $2.73 bn to $593.32 bn

Forex reserves rise by $2.73 bn to $593.32 bn

Rediff.com1 Jul 2022

The country's foreign exchange reserves increased by $2.73 billion to $593.32 billion for the week ended June 24 on the back of a surge in the core currency assets, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had declined by $5.87 billion to $590.59 billion. In the week ended June 24, the forex reserves swelled due to an increase in Foreign Currency Assets (FCAs), a major component of the overall reserves, and also in gold reserves, RBI said.

Forex reserves decline $9.65 bn to $622.27 bn

Forex reserves decline $9.65 bn to $622.27 bn

Rediff.com18 Mar 2022

The country's foreign exchange reserves declined $9.65 billion to $622.27 billion in the week ended March 11, according to the latest data from the RBI. In the previous week ended March 4, the reserves rose $394 million to $631.92 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

Sensex, Nifty scale record highs on rate cut hopes

Sensex, Nifty scale record highs on rate cut hopes

Rediff.com27 Nov 2025

Among Sensex firms, Bajaj Finance, ICICI Bank, Hindustan Unilever, Bajaj Finserv, HCL Tech and HDFC Bank were the major gainers. However, Maruti, Eternal, UltraTech Cement and State Bank of India were among the laggards.

Forex reserves rise by $394 mn to $631.92 bn

Forex reserves rise by $394 mn to $631.92 bn

Rediff.com11 Mar 2022

The country's foreign exchange reserves increased by $394 million to $631.92 billion in the week ended March 4, the RBI data showed. In the previous week ended February 25, the reserves had declined by $1.425 billion to $631.527 billion. It touched a lifetime high of $642.453 billion in the week ended September 3, 2021.

Forex reserves drop by $1.268 bn to $561.583 bn

Forex reserves drop by $1.268 bn to $561.583 bn

Rediff.com13 Jan 2023

India's forex reserves declined by $1.27 billion to $561.58 billion for the week ended January 6, the Reserve Bank said on Friday. The overall reserves had increased by $44 million to $562.85 billion in the previous reporting week after two consecutive weeks of the slide. In October 2021, the country's foreign exchange kitty reached an all-time high of $645 billion.

Forex reserves decline by $2.36 bn to $583.53 bn

Forex reserves decline by $2.36 bn to $583.53 bn

Rediff.com27 Oct 2023

India's forex reserves declined by $2.36 billion to $583.53 billion during the week ended October 20, according to the Reserve Bank of India data. In the previous reporting week, the overall reserves had increased by $1.15 billion to $585.89 billion. In October 2021, the country's forex kitty reached an all-time high of $645 billion.

Ranya Rao case: ED raids institutions linked to K'taka home minister

Ranya Rao case: ED raids institutions linked to K'taka home minister

Rediff.com21 May 2025

The Enforcement Directorate (ED) on Wednesday searched locations in Karnataka, including educational institutions linked to state Home Minister G Parameshwara, as part of a probe into alleged gold smuggling-linked money laundering case against Kannada actor Ranya Rao and others. The ED sources said an educational trust is suspected to have "diverted" funds and made a payment of Rs 40 lakh towards the credit card bill of Rao, allegedly on the instructions of an influential individual. The sources claimed the trust is linked to Parameshwara and the "influential" individual is a politically exposed person. The searches found there were no supporting vouchers or documentation to "substantiate" this payment (for credit card bill payment), they said.

Forex kitty drops by $6.48 bn to $675.65 bn

Forex kitty drops by $6.48 bn to $675.65 bn

Rediff.com15 Nov 2024

India's forex reserves dropped by $6.46 billion to $675.65 billion for the week ended November 8, the RBI said on Friday. In the previous reporting week, the forex reserves had dropped by $2.67 billion to $682.13 billion.

Forex reserves surge $16.66 bn to record high of $633.56 bn

Forex reserves surge $16.66 bn to record high of $633.56 bn

Rediff.com3 Sep 2021

The country's foreign exchange reserves soared by $16.663 billion to touch a lifetime high of $633.56 billion in the week ended August 27, mainly due to an increase in Special Drawing Rights (SDR) holdings, RBI data showed. On Wednesday, RBI had said the International Monetary Fund (IMF) made an allocation of SDR 12.57 billion (equivalent to around $17.86 billion at the latest exchange rate) to India on August 23, 2021. SDR holdings are part of the foreign exchange reserves of a country.

Will Gold's Bull Run Continue in 2026?

Will Gold's Bull Run Continue in 2026?

Rediff.com31 Dec 2025

'We expect modest returns in 2026 versus the steep gains seen over the past few years.'

Forex reserves decline $1.78 bn to $635.91 bn

Forex reserves decline $1.78 bn to $635.91 bn

Rediff.com10 Dec 2021

India's foreign exchange reserves declined for the second consecutive week, ending $1.78 billion down at $635.91 billion for the week ended December 3, RBI data showed on Friday. In the previous week, the reserves had slid by $2.71 million to $637.68 billion. In the reporting week ended December 3, the dip in the forex kitty was mainly on account of a decline in foreign currency assets (FCA), a major component of the overall reserves.

Forex reserves down by $2.03 bn to $617.648 bn

Forex reserves down by $2.03 bn to $617.648 bn

Rediff.com1 Apr 2022

Continuing their downward trajectory for the third consecutive week, the country's foreign exchange reserves declined by $2.03 billion to stand at $617.648 billion in the week ended March 25, RBI data showed on Friday. In the week ended March 18, the forex kitty had declined by $2.60 billion to $619.68 billion. It had plunged by $9.65 billion to $622.27 billion in the week ended March 11.

Sensex falls 400 pts on weak global trends, waning rate cut hopes

Sensex falls 400 pts on weak global trends, waning rate cut hopes

Rediff.com21 Nov 2025

Among Sensex firms, Tata Steel, HCL Tech, Bajaj Finance, Bajaj Finserv, Bharat Electronics and Eternal were the major laggards. However, Maruti, Mahindra & Mahindra, Tata Motors Passenger Vehicles and ITC were among the gainers.

Rupee set to hold ground against greenback till Dec

Rupee set to hold ground against greenback till Dec

Rediff.com19 Oct 2024

After depreciating 0.32 per cent against the dollar in October so far, the rupee is expected to hold ground against the greenback in the current quarter on the back of robust inflows. According to the median of a Business Standard poll of 10 respondents, the rupee is seen trading around 84 per dollar till the end of December. "In India's case, at least the bond and cash related inflows will continue.

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.

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.

'Large Part Of Capital Needs To Be Met Via GIFT City'

'Large Part Of Capital Needs To Be Met Via GIFT City'

Rediff.com8 Dec 2025

'Foreign capital will continue to come directly into India, but companies have realised that GIFT City is a more cost-efficient way of channelling funds.'

Forex reserves jump $4.03 bn to $598.89 bn

Forex reserves jump $4.03 bn to $598.89 bn

Rediff.com8 Sep 2023

India's forex reserves jumped by $4.039 billion to $598.89 billion for the week ended September 1, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had dropped by $30 million to $594.86 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 $4.53 bn to $629.75 bn

Forex reserves down by $4.53 bn to $629.75 bn

Rediff.com4 Feb 2022

The country's foreign exchange reserves declined by $4.53 billion to stand at $629.75 billion in the week ended January 28, RBI data showed on Friday. In the previous week ended January 21, the reserves had decreased by $678 million to $634.29 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

India's forex reserves drop $30 mn to $594.86 bn

India's forex reserves drop $30 mn to $594.86 bn

Rediff.com1 Sep 2023

India's forex reserves dropped by $30 million to $594.858 billion for the week ended August 25, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had dropped by $7.27 billion to $594.89 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 dip by $160 mn to $635.67 bn

Forex reserves dip by $160 mn to $635.67 bn

Rediff.com24 Dec 2021

The country's foreign exchange reserves declined by $160 million to stand at $635.667 billion in the week to December 17, RBI data showed on Friday. In the previous week ended December 10, the reserves had decreased by $77 million to $635.828 billion. It touched a lifetime high of $642.453 billion in the week ended September 3, 2021.

India's forex kitty jumps to all-time high of $645.58 bn

India's forex kitty jumps to all-time high of $645.58 bn

Rediff.com6 Apr 2024

India's foreign exchange reserves increased $2.95 billion to $645.58 billion for the week ended March 29, the Reserve Bank of India (RBI) said on Friday. This is the sixth consecutive week of a jump in overall reserves. The kitty had increased $140 million to $642.63 billion in the previous reporting week.