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India’s foreign exchange reserves rose by $5.17 billion to reach $696.66 billion for the week ended June 6, according to data released by the Reserve Bank of India (RBI) on Friday. This marks a rebound after a $1.24 billion decline in the previous week.The increase was primarily driven by a $3.47 billion rise in foreign currency assets, which stood at $587.69 billion. Gold reserves also contributed, increasing by $1.58 billion to $85.88 billion during the week. Special Drawing Rights (SDRs) rose by $102 million to $18.67 billion, while India’s reserve...

India's forex reserves jumped by $6.992 billion to $692.721 billion during the week ended May 23, the RBI said on Friday.In the previous reporting week ended May 16, the overall reserves had dropped by $4.888 billion to $685.729 billion. The forex reserves had touched an all-time high of $704.885 billion in end-September 2024. For the week ended May 23, foreign currency assets, a major component of the reserves, increased by $4.516 million to $586.167 billion, the data released on Friday showed. Expressed in dollar terms, the foreign currency assets include...

India’s foreign exchange reserves dropped by $4.888 billion to $685.729 billion in the week ending May 16, according to the Reserve Bank of India.  | Photo Credit: Dado Ruvic/Reuters India's forex reserves dropped USD 4.888 billion to USD 685.729 billion for the week ended May 16, the Reserve Bank of India said on Friday.The overall reserves jumped by USD 4.553 billion to USD 690.617 billion in the previous reporting week. The forex reserves touched an all-time high of USD 704.885 billion in September 2024.For the week ended May 16, foreign...

India's foreign exchange reserves rose $4.5 billion to $690.62 billion for the week ended May 9, on sharp rise in gold reserves, latest datareleased by the Reserve Bank of India (RBI) showed.Foreign currency assets, a major component of the reserves, increased by $196 million to $581.37 billion. Expressed in dollar terms, theforeign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound, and yen held in theforeign exchange reserves. Gold reserves, which also constitute part of the forex reserves, increased by $4.5 billion to...

India's foreign exchange reserves rose by USD 4.553 billion to USD 690.617 billion in the week ended May 9, driven by a significant increase in gold assets, according to the Reserve Bank of India (RBI).Mumbai, May 16 (PTI) India's forex reserves jumped by USD 4.553 billion to USD 690.617 billion for the week ended May 9 on the back of a steep increase in gold assets, the RBI said on Friday.In the previous reporting week, the overall reserves had dropped by USD 2.065 billion to USD 686.064 billion. The forex...

India's forex reserves climbed USD 1.983 billion to USD 688.129 billion in the week ended April 25, marking the eighth consecutive weekly rise. The increase was driven by a jump in foreign currency assets.Mumbai, May 2 (PTI) India's forex reserves increased USD 1.983 billion to USD 688.129 billion during the week ended April 25, the RBI said on Friday.This is the eighth consecutive week of a rise in the kitty, which had jumped 8.31 billion to USD 686.145 in the previous reporting week. The forex reserves had touched an all-time...

India’s foreign exchange reserves rose by USD 8.31 billion to reach USD 686.145 billion for the week ending April 18, marking the seventh consecutive week of growth.  | Photo Credit: Dado Ruvic/Reuters India's forex reserves jumped USD 8.31 billion to USD 686.145 billion for the week ended April 18, the RBI said on Friday. This is the seventh consecutive week of a rise in the kitty, which had jumped by USD 1.567 billion to USD 677.835 billion in the previous reporting week ended April 11. The forex reserves had touched...

New Delhi , March 23 (ANI): India's foreign exchange reserves rose USD 305 million to USD 654.271 billion in the week that ended on March 14. The previous week witnessed the highest weekly gains in over three years. Prior to that, forex reserves had slumped for about four months, recently hitting an 11-month low. Then followed the latest rollercoaster movement, with gains some weeks and declines the next. Forex reserves started falling after touching an all-time high of USD 704.89 billion in September. They are now about 7 percent lower...

India's forex reserves declined by USD 1.781 billion to USD 638.698 billion in the week ended February 28, according to the Reserve Bank of India (RBI). Foreign currency assets and gold reserves saw a decrease.Mumbai, Mar 7 (PTI) India's forex reserves dropped by USD 1.781 billion to USD 638.698 billion in the week ended February 28, the RBI said on Friday.The overall forex kitty had jumped by USD 4.758 billion to USD 640.479 billion in the previous reporting week.At the end of September 2024, the forex reserves touched an all-time...