Showing results for "#Forex kitty"
India’s foreign exchange reserves jump by $5,7 bn
Rising foreign exchange reserves are a positive for the economy as they help strengthen the rupee. An increase in foreign exchange reserves props up...
India's forex kitty declines by USD 1.32 bn to USD 593.75 bn
16 Jun 2023 7:20 PM ISTThe overall reserves had jumped by USD 5.93 billion to USD 595.067 billion for the previous reporting week.
India’s forex reserves drop by $6 bn to $593.48 bn
27 May 2023 12:37 AM ISTIn the previous reporting week, the overall reserves had increased by $3.5 billion to take the overall quantum just shy of $600 billion.
Forex kitty drops by USD 1.09 bn to USD 529.99 bn
11 Nov 2022 6:32 PM ISTIn October 2021, the country's forex kitty had reached an all-time high of USD 645 billion. The reserves have been declining as the central bank...
India's forex kitty jumps by USD 12.8 bn to USD 572.8 bn
24 March 2023 7:27 PM ISTFor the week ended March 17, the foreign currency assets, a major component of the reserves, increased by USD 10.485 billion to USD 505.348 billion,...
India's forex reserves drop by USD 329 mn to USD 578.45 bn
7 April 2023 10:25 PM ISTThe reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.