The foreign exchange reserves rose by a robust $1.637 billion to touch $296.63 billion during the week ended December 14 on the back of healthy addition of core currency assets, the Reserve Bank said.
The gold reserves were unchanged at $26.61 billion, the apex bank said.
While liquidity in the banking system has turned surplus in the last few weeks, it could go back to deficit again, mainly due to corporate advance tax outflows. The net liquidity surplus of the banking system rose to touch Rs 1 trillion on Tuesday on the back of government spending, according to the data released by the Reserve Bank of India.
The rupee, which has been in virtual free fall over the past few days, recovered slightly to close at Rs 83.20 to the dollar in the inter-bank market after State Bank of Pakistan intervened by selling about USD 40 million in the foreign exchange market. Experts have attributed the fall of the rupee's value to speculation as well as a high demand for dollars from importers and general consumers.
Foreign exchange reserves increased $987 million to $155.196 billion for the week ended April 14, 2006, according to the weekly supplement released by the RBI on Friday.\n\n
India's foreign exchange reserves grew marginally by $51 million during the week ending January 21, 2005 to touch $129.43 billion.
The Reserve Bank of India's weekly statistical supplement said on Saturday that the country foreign exchange reserves had crossed rose by $418 million to touch $85.415 billion in the week ended August 15.
India's foreign exchange reserves declined by $249 million to $249.27 billion for the week ended February 27, 2008 on revaluation of global currencies like the euro and pound sterling against the US dollar, and liquidation of Indian investments by foreign investors.Foreign currency assets declined by $1.10 billion to $238.71 billion, according to the Weekly Statistical Supplement released by the Reserve Bank of India.
A potential risk to the rupee's appreciation trajectory lies in the event of a delay in the Federal Reserve's rate cut cycle, particularly if core inflation in the US remains elevated.
India's foreign exchange reserves rose $2.25 billion in the week ended November 5 to $300.21 billion on foreign portfolio inflows and changes in the value of global currencies.
Flow of money into non-resident Indian (NRI) deposits moderated sharply to $3.23 billion in April 2021-March 2022 from $7.36 billion in the same period of the previous year. Outstanding deposits have also gone down to $139.02 billion at the end of March 2022. This compares to $141.89 billion a year ago, according to Reserve Bank of India (RBI) data.
Foreign exchange reserves declined $793 million to $162.962 billion for the week ended May 19, according to the weekly supplement released by RBI on Friday.
India's foreign exchange reserves declined by $525 million to reach $1,19,407 million mark for the week ended June 25.
India's foreign exchange reserves slipped marginally by $32.7 million to $293.53 billion, the Reserve Bank said.
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.
India's reserve position with the International Monetary Fund was down $4.4 million to $1.67 billion.
The foreign exchange reserves fell by $502.4 million to $293.97 billion due to fall in the currency assets, according to Reserve Bank data released on Friday.
Foreign exchange reserves increased $1.066 billion to $129.98 billion for the week ended February 11, 2005 from $128.914 billion in the previous week, according to the weekly supplement released by the Reserve Bank of India on Saturday.
Foreign exchange reserves increased $1.046 billion to $122.224 billion for the week ended
Foreign exchange reserves rose to a record $167.092 billion as on October 27 from $166.153 billion in the previous week, according to the weekly supplement released by the Reserve Bank of India on Friday.
The country's foreign exchange reserves dipped by $223 million to $299.17 billion driven by a drop in its foreign currency assets.
India's foreign exchange reserves increased by $319 million to cross record levels of $110 billion for the week ended March 26, 2004.
From the Sensex firms, Mahindra & Mahindra, HCL Tech, Tata Motors, Nestle, ITC, Hindustan Unilever, Larsen & Toubro, and Tech Mahindra were the biggest gainers. In contrast, Eternal, UltraTech Cement, Power Grid, Tata Steel and Kotak Mahindra Bank were among the laggards. Eternal dropped 4.51 per cent.
India's foreign exchange reserves grew by $297 million to $141.20 billion for the week ended April one 2005,
For the week under review, foreign currency assets, which are the biggest parts of the reserves, increased by $1.642 billion to $410.453 billion.
With an inflow of $2 billion, the highest ever in recent times, India's foreign exchange reserves zoomed past the $90 billion mark for the week ended October 10.
The foreign exchange reserves slipped by a hefty $1.59 billion to $294.99 billion on the back of heavy decline in gold reserves and the core currency assets, the Reserve Bank said on Friday.
Gold reserves increased $1.54 billion to $32.68 billion in the reporting week.
After selling dollars for the past few months, the Reserve Bank of India (RBI) may take a hands-off approach before its annual account closing by not trying to prop up the rupee as geopolitical tensions show signs of stabilising with global crude oil prices easing from its $140 peak. The central bank was a net buyer of dollars between April and September, and then turned a net seller in the following months, the data released by the RBI showed. The RBI continued to be a net buyer of $36.6 billion in this fiscal year - between April and January. In 2020-21, it purchased $68 billion on a net basis.
Foreign exchange reserves zoomed $3.062 billion to $140.60 billion for the week ended July 29, 2005
The country's foreign exchange reserves fell by $1.151 billion to $277.042 billion for the week ended March 26, against $278.193 billion in the previous week.
Gold reserve also declined by $340 million to $30.55 billion.
After three months of continuous upsurge, India's foreign exchange reserves recorded an outflow of $698 million to $103.12 billion during the week ended January 16, 2004.
India's reserve position with IMF rose by $ 7 million to $ 3.636 billion.
Domestic rating agency ICRA on Monday said Indian companies are likely to clock 7-8 per cent revenue growth during the March quarter of the current fiscal year, led by revival in rural demand and uptick in government spending. ICRA expects the private capital expenditure (capex) cycle to remain measured in view of the uncertainties around geopolitical developments and relatively subdued outlook on merchandise exports from India.
India's foreign exchange reserve went up by $3.59 billion to $254.05 billion during the week ended December 19, 2008 mainly on account of revaluation in foreign currency. The foreign currency assets rose by $3.58 billion to $ 245.30 billion, according to the latest data released by the Reserve Bank of India on Friday.
India's foreign exchange reserves swelled by over $2.6 billion to touch $135.65 billion for the week ended February 25.
India's foreign exchange reserves continued to rise to record levels with fresh inflows of $588 million to touch $77.598 billion during the week ended May 2.