Forex Reserve
India's forex reserves decline by over $1.7 bn
The Reserve Bank of India's forex reserves decreased to $630.190 billion from $631.953 billion reported for February 4. The country's forex reserves comprises of foreign currency assets (FCAs), gold reserves, SDRs, and the country's reserve position with the IMF. On a weekly basis, FCAs, the largest component of the forex reserves, edged lower by $2.764 billion to $565.565 billion.
India's forex reserves rises over $2 bn
The Reserve Bank of India's forex reserves increased to $631.953 billion from $629.755 billion reported for January 28. The country's forex reserves comprises of foreign currency assets (FCAs), gold reserves, SDRs, and the country's reserve position with the IMF.
India's forex reserves down by over $4 bn
The Reserve Bank of India's forex reserves decreased to $629.755 billion from $634.287 billion reported for January 21. The country's forex reserves comprises of foreign currency assets (FCAs), gold reserves, SDRs, and the country's reserve position with the IMF.
India's forex reserves fall by $678 mn
On a weekly basis, FCAs, the largest component of the forex reserves, edged lower by $1.155 billion to $569.582 billion. The SDR value fell by $68 million to $19.152 billion and the country's reserve position with the IMF declined by $22 million to $5.216 billion.
However, the value of the country's gold reserves increased by $567 million to $40.337 billion.
India's forex reserves rise by over $2 bn
The Reserve Bank of India's forex reserves increased to $634.965 billion from $632.736 billion reported for January 7. The country's forex reserves comprises of foreign currency assets (FCAs), gold reserves, SDRs, and the country's reserve position with the IMF. Additionally, the SDR value was up by $123 million to $19.220 billion.
Pakistan foreign currency reserves decrease due to ongoing IMF stalemate
The country's total foreign exchange reserves stood at USD 25.027 billion; the foreign reserves held by the State Bank of Pakistan (SBP) stood at over USD 18 billion and commercial banks USD 6.45 billion, Geo News reported. The forex reserves had further dropped from USD 25.027 billion to USD 18.56 billion. The USD 90 million drop in forex reserves was recorded in the week ending on December 10.
India's foreign exchange dip lower by $160 million
The Reserve Bank of India's forex reserves decreased to $635.667 billion from $635.828 billion during the week ended December 10. India's forex reserves comprise foreign currency assets (FCAs), gold reserves, SDRs, and the country's reserve position with the IMF.
India's foreign exchange dip lower by $160 mn
The Reserve Bank of India's forex reserves decreased to $635.667 billion from $635.828 billion during the week ended December 10. India's forex reserves comprise foreign currency assets (FCAs), gold reserves, SDRs, and the country's reserve position with the IMF. On a weekly basis, FCAs, the largest component of the forex reserves, edged lower by $645 million to $572.216 billion.
India looking at currency swap option to help exporters as Sri Lanka plunges into forex crisis
The mechanism could entail a swap of a particular amount of money pegged with the US dollar. For example, if the swap mechanism is decided for a sum of $100 million, then the RBI will provide Indian rupees to Colombo that is equivalent to the said amount while it will receive Sri Lankan currency in lieu of it.
India's foreign exchange reserves dip down by $77 mn
The Reserve Bank of India's forex reserves decreased to $635.828 billion from $635.905 billion during the week ended December 3. India's forex reserves comprise foreign currency assets (FCAs), gold reserves, SDRs, and the country's reserve position with the IMF. On a weekly basis, FCAs, the largest component of the forex reserves, edged lower by $321 million to $572.860 billion.
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