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India’s foreign exchange reserves declined by USD 2.699 billion in the week that ended November 7 to USD 687.034 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India’s latest ‘Weekly Statistical Supplement’ data showed. Over the past month, the forex kitty has been in a downtrend,…
Last Updated:October 21, 2025, 5:36 PM IST The net dollar sale in August stood at $7.69 billion, almost three times higher than in July, marking an aggressive intervention amid pressure on the domestic currency. The rupee weakened by 1.6% against the US dollar in August. The Reserve Bank of India (RBI) offloaded $7.7 billion in…
New Delhi: The record Rs 2.69 lakh crore dividend bonanza by the Reserve Bank of India (RBI) to the government is driven by robust gross dollar sales, higher foreign exchange gains, and steady increases in interest income, according to a new report. Notably, the RBI was the top seller of foreign exchange reserves in January…
Last Updated:December 14, 2024, 09:14 IST Forex reserves fall by $3.235 billion to $654.857 billion as foreign currency assets decline by $3.228 billion on constant selling by the Reserve Bank of India. India’s forex reserves had hit an all-time high of $704.885 billion in end-September. India’s foreign exchange (forex) reserves declined by $3.235 billion to…
Last Updated:November 09, 2024, 09:49 IST India’s gold reserves increase by $1.224 billion to $69.751 billion during the week ended November 1; special drawing rights fall by $1 million to $18.219 billion. Foreign currency assets, a major component of the reserves, decreases by $3.902 billion to $589.849 billion. India’s foreign exchange (forex) reserves declined by…
New Delhi26 minutes ago copy link Yesterday’s big news was related to the price of gold and silver. Gold reached its all-time high on Friday, October 4. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold increased by Rs 467 and touched Rs 76,082 for the first…
Hindi News Business The Country’s Foreign Exchange Reserves Crossed $700 Billion For The First Time New Delhi47 minutes ago copy link The country’s foreign exchange reserve has crossed the $700 billion mark for the first time. On September 27, it increased by $ 12.58 billion in the last week and reached a new all-time high…
For the week ended August 16, foreign currency assets, a major component of the reserves, increased by $5.107 billion to $604.144 billion. India’s gold reserves rose $129 million to $61.988 billion during the week ended September 6. India’s foreign exchange (forex) reserves jumped $5.248 billion to a new all-time high of $689.235 billion for the…
For the week ended August 2, foreign currency assets, a major component of the reserves, increased by $5.162 billion to $592.039 billion. Gold reserves as on August 2, 2024, stood at $60.099 billion, compared with $2.404 billion a week ago. India’s forex reserves jumped $7.533 billion to a new record high of $674.919 billion for…
New Delhi: India’s foreign exchange reserves reached a historical high of $ 675 billion, as of August 2, as overall, India’s external sector remains resilient with key indicators continuing to improve, RBI Governor Shaktikanta Das said on Thursday. “We remain confident of meeting our external financing requirements comfortably,” he said. Das also said that India’s…