archiveSpecial Drawing Rights India

India’s forex reserves jumped by $6.992 billion to $692.721 billion during the week ended May 23, the RBI said on Friday, May 30.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...

India's forex reserves increased $1.983 billion to $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 $686.145 in the previous reporting week. The forex reserves had touched an all-time high of $704.885 billion in end-September 2024. For the week ended April 25, foreign currency assets, a major component of the reserves, increased $2.168 billion to $580.663 billion, the data released on Friday showed.Expressed in dollar terms, the foreign currency...