Foreign currency assets rose $1.569 billion to $329.58 billion
India's forex reserves rose for the fifth consecutive week, adding $4.41 billion to $295.71 billion in the week ended December 6 on account of a rise in foreign currency assets, the Reserve Bank said.
India's forex reserves surged by a whopping $5.04 billion to $291.3 billion in the week ended November 29 on account of a robust jump in foreign currency assets (FCAs), the Reserve Bank said.
After rising for four consecutive weeks, India's foreign exchange reserves declined by $1.657 billion to $281.294 billion in the week to November 1 on account of drop in a key component, Reserve Bank said.
The foreign exchange reserves rose for the fourth consecutive week with the week to October 25 adding another $1.828 billion taking the overall forex kitty to $282.95 billion, the Reserve Bank said on Friday.
India's foreign exchange reserves rose by a healthy $1.51 billion to touch $279.240 billion in the week to October 11 on account of growth in a key component of the assets, the Reserve Bank said.
India's exchange reserves rose by a robust $2.03 billion to $277.38 billion in the week ended September 20 on a healthy increase in the core currency assets, Reserve Bank said.
India's foreign exchange reserves strengthened by $544.7 million to $275.35 billion on a healthy increase in the core currency assets in the week ended September 13.
India's foreign exchange reserves declined by a huge $2.23 billion to $275.49 billion on a sharp dip in the foreign currency assets, the Reserve Bank said on Friday.
The country's foreign exchange reserves rose by $1.434 billion in the week ended August 9, after dropping by $2.99 billion previous week, the Reserve Bank of India said.
Foreign currency assets, a key component rose $1.6 bn to $304.9 bn.
The rise in reserves was $2.12 billion.
Rise in reserves was predominantly on account of increase in FCAs
The total reserves had gone up by $982 million in the previous reporting week.
In its election manifesto -- 'Sankalp Patra' -- the Bharatiya Janata Party has vowed to implement the Union Civil Code (UCC), maintain peace in the Northeast, among other key poll promises.
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Continuing its downward trend for the fifth consecutive week, the foreign exchange reserves plunged $2.754 billion to $311.427 billion in the week to October 3, led by a major fall in non-US currency assets, according to data released by the RBI.
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After falling for two consecutive weeks, foreign exchange reserves marginally rose to $319.39 billion, up by $43.3 million, for the week, driven by an increase in foreign currency assets.
'The lack of a majority isn't the issue. He has enough in 240, especially as none of his allies can pull down his coalition.' 'That's why he's started as if this were just another, normal term. That pretence is vital for him.' 'The change for Modi 3.0 comes not from numbers, but from the new environment of contestation,' points out Shekhar Gupta.
'There is a huge wait in Kashmir for compassion from the prime minister of India.'
India's current account slipped into a deficit of $9.6 billion or 1.3 per cent of GDP in the September quarter, the Reserve Bank said on Friday. The current account, which records the value of exports and imports of both goods and services along with international transfers of capital, was in a surplus mode both in the quarter-ago and year-ago periods. India's current account surplus had stood at $6.6 billion or 0.9 per cent of GDP in the April-June 2021 quarter, while in the year-ago period (Q2FY22), the surplus had stood at $15.3 billion or 2.4 per cent of the GDP, the data said.
Reserves had touched an all-time high of $355.46 billion in the week to June 19.
Major General S C N Jatar, who passed into the ages on Monday night, thwarted anti-national forces at the peak of the Assam agitation. Colonel Anil A Athale (retd) salutes this officer and gentleman.
The total foreign exchange reserves had increased by $1.838 billion to $297.28 billion in the previous reporting week.
India's exports in April jumped nearly three-fold to USD 30.63 billion from USD 10.36 billion in the same month last year, according to government data released on Friday.
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The country's gold reserves remained unchanged at $19.377 billion.
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The three-year tenure of Raghuram Rajan saw the RBI adding a net of $92 billion to the kitty.
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'Someone who cannot even take his cabinet into confidence, how will he take the NDA alliance into confidence?'
The rupee ended at 59.18 compared with previous close of 59.33 to the dollar.
A day after stating that West Bengal Chief Minister Mamata Banerjee had a fall at her Kalighat residence 'due to some push from behind' leading to injuries on forehead and nose, state-run SSKM Hospital director Manimoy Bandyopadhyay on Friday clarified that all he meant was that the CM may have felt 'a sensation of push'.
India's foreign exchange reserves declined by $685.1 million to $274.81 billion in the week ended August 30 due to a dip in the foreign currency assets, the Reserve Bank said.
With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.
South Africa's premier left-arm spinner Keshav Maharaj is confident that slow bowlers will play a vital role on flat decks expected to be on offer during the upcoming ICC T20 World Cup in the Americas in June.
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