Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves.
The reserves had touched a life-time high of $426.028 billion in the week to April 13, 2018.
In the week ending July 26 foreign exchange reserves had recorded a rise of $960.2 million to $ 280.16 billion
Gold reserves remained unchanged at $20.691 billion.
Along with the Finance Minister, the country looks up to RBI Governor in times of crisis. Among the last five chiefs, who have lived up to the people's expectations? Find out...
RBI Governor Shaktikanta Das has assured Finance Minister Nirmala Sitharaman that the Rs 12.05-trillion gross borrowing programme for FY22 will go through smoothly.
'A strong foreign exchange reserve is the best safety net against global spillovers.'
China's move to devalue its currency has exposed the fragility of its economy.
The increase was led almost entirely by foreign currency assets
Increasing US shale gas production should stabilise oil prices, in contrast to the spike of the past.
From a credit risk perspective, there does not seem to be immediate danger.
The comments assume importance as the traditional position of the central bank has been not to set a forex reserves target.
RBI adds $5 bn to forex kitty since mid-March; rupee breaches 60-a-dollar mark but analysts say central bank will cap further gains
After three weeks of fall, India's foreign exchange reserve rose by $990 million to $248.611 billion during the week ended January 30, 2009, mainly due to revaluation in the foreign currency assets and gold reserves.
Nirmala Sitharaman is proving to be a better finance minister than her initial rookie status might have led people to expect, observes T N Ninan.
Since October, FPIs have sold over $26 billion worth of stocks, which is the largest selling ever seen in India, observes Akash Prakash.
Encouraged by foreign exchange reserves touching record levels, the Reserve Bank on Tuesday doubled the annual overseas investment ceiling for individuals to $2,50,000.
RBI's swap windows have boosted foreign inflows over the past two months.
Gold reserves remained unchanged at $21.584 billion.
The Reserve Bank of India (RBI) is likely to take a "more dovish" stance in its upcoming monetary policy review on December 2 and may go in for a cut repo rate in February, according to a British brokerage house report.
In the absence of adequate foreign capital flows, it also raises questions about India's foreign exchange reserves buffer and its external vulnerability.
Survey calls for reorienting policies to promote young firms which have the potential to become big, rather than small MSME firms which remain small.
The total reserves stood at $292.647 billion in the previous reporting week.
Last week, the forex reserves had surged by $2.374 billion to $363.171 billion.
India's forex reserves enough to cover imports for just 7 months.
In the previous week, the reserves had fallen by $3.028 billion to $360.797 billion.
Foreign currency assets, a major component of the forex reserves, dipped by $3.056 billion to $258.51 billion for the week ended May 31, the Reserve Bank.
Cash-strapped Pakistan is expected to receive $2.5 billion (about Rs 14,000 crore) as financial assistance from the United States during the current fiscal following the end of a standoff between the two sides on NATO supply routes to Afghanistan
Expressing the government's commitment to continue with reforms, Finance Minister Nirmala Sitharaman on Thursday assured India Inc that it is ready to do everything required to revive and support economic growth hit by the COVID-19 pandemic. Stressing that there is a need to promote growth as it helps bring down poverty, she however said it would not be at the cost of inflation. RBI has been mandated to keep inflation at 4 per cent, with tolerance level of 2 per cent on either side.
The Vijay Kelkar committee has cautioned that India's current account deficit (CAD) might rise to a record 4.3 per cent of gross domestic product (GDP) in 2012-13 if reforms to address this do not take place.
In the previous week, the reserves had fallen by $121.3 million to $360.905 billion.
Foreign currency assets, a major component of the overall reserves, declined by $3.208 billion to $395.276 billion.
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.
In New York market, the US dollar cut its rise after a round of mixed US data yesterday, but held narrowly higher against key rivals.
India's foreign exchange reserves slipped marginally by $32.7 million to $293.53 billion, the Reserve Bank said.
Continuing their rising trend, the country's foreign exchange reserves increased by $1.350 billion to touch a record high of $361.601 billion in the week to April 22.
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.
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.
Higher imports and moderating exports growth has lead to the widening of the CAD.
According to sources, the central bank is keen on such a scheme to attract foreign exchange, as the country's reserves have seen a depletion in the wake of a weakening domestic currency.
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