India's foreign exchange reserve rose by $266 million during the week ending January 14, 2005, after a drop over $2 billion a week earlier.
Banks will be able to give loans to Indian companies for acquiring the entire equity stake or a controlling part of it in domestic or foreign firms as strategic investment that creates long-term value rather than for short-term financial restructuring if the Reserve Bank of India's (RBI's) draft circular, issued on Friday, comes to fruition.
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.
India's foreign exchange reserves continued to rise and grew by $863 million at $73,740 million during the week ended March 7.
The Reserve Bank of India (RBI) has started winding down its short position in the dollar forward book, after a gap of seven months, on the back of a softening dollar, while infusing funds via open market operations (OMOs) to counter the resulting liquidity drain.
India's foreign exchange reserves surged further by $1.6 billion to cross the $106 billion mark for the week ended February 6.
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 foreign exchange reserves inched closer towards the $85 billion mark following record inflows during the week ended July 26.
Among Sensex firms, Eternal, Sun Pharma, Infosys, HDFC Bank, HCL Tech, Hindustan Unilever, Power Grid, ITC and Adani Ports were the major gainers. However, Tata Motors, Trent, Bajaj Finance and Asian Paints were among the laggards.
The total foreign exchange reserves had increased by $1.838 billion to $297.28 billion in the previous reporting week.
India's forex reserves decreased by $1.145 billion to $640.874 billion for the week ended on November 5 on a fall in currency and gold assets, the Reserve Bank said on Friday. The overall reserves had increased by $1.919 billion to $642.019 billion for the previous reporting week. Foreign currency assets, a major part of the overall reserves, decreased by $881 million to $577.581 billion for the reporting week, the RBI said in the weekly data.
India's foreign exchange reserves rose by $88 million to $141.54 billion for the week ended April 15, 2005.
India's foreign exchange reserves surged by $685 million to touch $108.36 billion following fresh inflows and revaluation of the United States currency vis-a-vis other currencies for the week ended February 27.
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
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.
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.
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.
The increase has been mainly on account of higher FII inflows, deposits by non-residents and short-term credits.
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
India's forex reserves rose by $204 million to $532.87 billion for the week ended October 7 on an increase in the value of gold holdings, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had dropped by $4.85 billion to $532.66 billion. The reserves had been falling for many weeks now as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.
Reversing the trend of net inflows seen over the past three weeks, India's foreign exchange reserves dropped by a whopping $1.53 billion to $119.57 billion for the week ended July 23.
With yet another record inflows of over $1 billion during the week ending December 12, 2003, India's foreign exchange reserves neared the $100 billion mark.
India's foreign exchange reserves continued to rise with inflows of $464 million to reach record levels of $109.59 billion for the week ended March 12.
India's foreign exchange reserves dropped $325 million to $560.942 billion as of February 24, making it the fourth consecutive week of decline in the kitty, the Reserve Bank of India said on Friday. In the previous reporting week, the overall reserves had declined $5.68 billion to $561.267 billion. In October 2021, the forex kitty reached an all-time high of $645 billion.
LinkedIn experts and real-life stories offer hope that Indian tech talent can still thrive globally, even as the $100,000 H1B fee reshapes onsite opportunities.
India's foreign exchange reserves are at an all-time high.
India's foreign exchange reserves surged by $980 million to cross $120 billion mark during the week ending October 22, 2004.
India's foreign exchange reserves rose from $91,315 million to $91,892 million in the week ended October 24, according to the Reserve Bank of India's weekly statistical supplement released in Mumbai on Saturday.
The country's foreign exchange reserves surged ahead and during the week under review rose to $92,598 million from $91,892 million a week ago, according to Reserve Bank of India 's weekly statistical supplement released here on Saturday.
After a dip last week, India's foreign exchange reserves again went up to record highs and were nearing the $75 billion mark during the week ended March 28, 2003.\n\n
Among Sensex firms, State Bank of India, Bharat Electronics, Kotak Mahindra Bank, Maruti, Trent and UltraTech Cement were the major gainers. However, Bajaj Finserv, Titan, ITC and Tata Steel were among the laggards.
India's foreign exchange reserves gained a record $828 million to $67.753 billion during the week ending December 6, 2002.
The rupee tumbled 3 per cent against the US dollar in 2024 as concerns over slower economic growth and a stronger greenback in global markets weighed, but it was among the least volatile currencies in the world and the headwinds may be less intense in the coming year.
The forex reserves stood at $144.375 billion, a rise of $1.738 billion, during the week under review, according to Reserve Bank of India's weekly statistical supplement released in Mumbai on Saturday.
India has built up buffers against cyclical difficulties and has ample foreign exchange reserves to withstand pressure on credit worthiness, S&P Global Ratings said on Thursday. Speaking at the India Credit Spotlight 2022 webinar, S&P Sovereign & International Public Finance Ratings director Andrew Wood said the country has a strong external balance sheet and limited external debt, making debt servicing not so expensive. "The country has built up buffers against cyclical difficulties like those, which we are experiencing right now," Wood said.
India's foreign exchange reserves soared by $11.02 billion to reach $561.162 billion for the week ended December 2, Reserve Bank data showed on Friday. This is the fourth consecutive week of rise in the reserves. In the previous reporting week, the overall reserves had grown by $2.9 billion to $550.14 billion. For the week ended November 11, the forex kitty had jumped by $14.72 billion in its second fastest weekly acceleration ever.
Foreign currency assets rose $1.569 billion to $329.58 billion
Among Sensex firms, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra, Maruti, Bharti Airtel and Tata Steel were the major gainers. However, Asian Paints and Bajaj Finance were the laggards.
From the Sensex firms, Bharat Electronics, Bajaj Finance, Bajaj Finserv, Axis Bank, Maruti and Tata Motors were among the gainers. However, Eternal, Hindustan Unilever, Trent and Titan were the major laggards.
From the Sensex firms, Tata Motors jumped the most by 5.54 per cent, followed by Kotak Mahindra Bank, Trent, Sun Pharma, Axis Bank, and ICICI Bank. However, Bajaj Finance, State Bank of India, UltraTech Cement and Tata Steel were among the laggards.