Forex reserves up by $889.4 mn to $369.887 bn in last week
The Dollar Business Bureau Foreign exchange (forex) reserves of India surged by $889.4 million and reached $369.887 billion in the week ended on April 14, supported by a rise in the foreign currency assets, said the Reserve Bank of India (RBI). The forex reserve had dropped by $956.4 million to $368.998 billion in the preceding week. The reserves had reached an all-time high of $371.99 billion during the week ended on September 30, last year. Foreign currency assets (FCAs), a key component in the total reserves, rose by $881 million and reached $346.248 billion in the given week, said RBI. FCAs, expressed in terms of US dollar, include the impact of depreciation/appreciation of the non-US currencies, like pound, euro and yen, which are ...
Forex reserves down $56.8 mn to $362.73 bn
PTI India's foreign exchange reserves declined by $56.8 million to $362.73 billion in the week to February 17, on account of dip in foreign currency assets (FCAs), the Reserve Bank said on Friday. In the previous week, the reserves had fallen by $360.9 million to $362.78 billion. A major component of the overall reserves, FCAs dropped by $59.1 million to $339.72 billion in the reporting week, RBI said. Expressed in US dollar terms, they include the effects of appreciation/depreciation of non-US currencies, such as the euro, pound and the yen held in the reserves. Gold reserves remained unchanged in the week at $19.248 billion, the apex bank said. The special drawing rights with the International Monetary ...
Indias forex reserve at all-time high of $365.82 bn
The Dollar Business Bureau Foreign exchange reserves of India were increased by $73.2 million to reach an all-time high of $365.82 billion in the week closed on August 12, supported by a surge in the foreign currency assets, the Reserve Bank of India (RBI) said on Friday. In the week earlier, the foreign exchange reserves had surged by $253.6 million to reach 365.75 billion. Foreign currency assets (FCAs), a key component of the total reserves, were increased by $81.6 million to reach $340.36 billion. Gold reserves remain unaffected at $21.58 billion. Expressed in terms of dollars, FCAs take account of the impact of depreciation and appreciation of non-US currencies like pound, euro and yen, held in the reserves. India’s special drawing rights with IMF (International ...
Forex reserves down by $3.58 bn to $346.79 bn
In the previous week, the reserves had fallen by $1.47 billion to $350.37 billion Source: PTI Foreign Currency Assets(FCAs), a major component of overall reserves, decreased by $3.56 billion to $325.03 billion in the week ended February 26 Country's foreign exchange reserves declined by a whopping $3.58 billion to $346.79 billion in the week ended February 26, on account of fall in foreign currency assets (FCAs), according to Reserve Bank. In the previous week, the reserves had fallen by $1.47 billion to $350.37 billion. FCAs, a major component of overall reserves, decreased by $3.56 billion to $325.03 billion in the reporting period, RBI said in a release here today. FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies, such ...
