india forex reserve

India’s forex reserves up $6.31 billion to $584.76 billion, at 9-month high

by
India’s forex reserves up .31 billion to 4.76 billion, at 9-month high

India‘s forex reserves jumped by USD 6.3 billion to USD 584. 755 billion for the week ended April 7, the RBI said on Friday. In the last reporting week, the forex kitty snapped a two-week rising trend to decline by USD 329 million to 578.45 billion. Foreign Currency Assets increased by USD 4.740 billion to … Read more

India’s foreign exchange reserves fall for fifth straight week

by
India’s foreign exchange reserves fall for fifth straight week

India’s foreign exchange reserves continued its fall for the fifth straight week as the Reserve Bank of India appears to be selling dollars from its coffers to prevent sharp depreciation of the rupee amid a surge in global crude prices. The reserves fell by $2.471 billion in the week to April 8 to $604.004 billion, … Read more