Forex
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Reserve Bank of India sold USD 7.7 billion in August - Here's why
Market | Oct 21, 2025, 05:11 PM ISTThe RBI's stated stance is that it does not target any level or range for the rupee-dollar exchange rate, but only intervenes in the foreign exchange market when there is extreme volatility.
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India's forex reserves rise to USD 698.95 billion as of June 13
Business | Jun 20, 2025, 05:41 PM ISTFor the week ended June 13, foreign currency assets, a major component of the reserves, rose by USD 1.739 billion to USD 589.426 billion, the data released on Friday showed.
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Planning to go abroad for studies? Here's how early financial planning can help you save big
Personal Finance | May 12, 2025, 06:04 PM ISTAdvance planning helps consolidate essential services like travel insurance, airport transfers, forex cards, and SIM connections. Students must also research what discounts are available in their destination.
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Zero Forex Cards vs Credit Cards - Which one is better for travel?
Personal Finance | Apr 14, 2025, 01:06 PM ISTWhile credit cards provide cashback, travel insurance, lounge access, and reward points that can be redeemed for future travel benefits, forex cards offer limited or no rewards and cashback benefits.
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India's forex reserves jump to USD 665.4 billion, highest rise in nearly five months
Business | Apr 06, 2025, 03:09 PM ISTIndia's foreign exchange reserves rose by $6.6 billion to $665.4 billion in the week ending March 28, marking the highest weekly increase in nearly five months, according to RBI data. This marks the fourth consecutive weekly gain, with total reserves up by $20.1 billion in that period.
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India's forex kitty rises by USD 305 million to USD 654.271 billion
Business | Mar 21, 2025, 06:15 PM ISTExpressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
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India's forex reserves jump sharpest in 2 yrs, rises USD 7.023 billion to USD 681.688 billion
Business | Mar 15, 2025, 12:52 PM ISTGold reserves decreased by USD 1.053 billion to USD 74.325 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were up by USD 212 million to USD 18.21 billion.
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India's forex reserves fall to USD 675.653 billion as of November 8, says RBI
Business | Nov 15, 2024, 05:54 PM ISTThe fall is attributed to a dip in foreign currency assets, which form the largest component of the reserves. These assets saw a reduction in valuation as the dollar strengthened against major global currencies.
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India's forex reserve gained $66 billion in 2024, may cover year of projected imports
Business | Sep 15, 2024, 03:57 PM ISTSo far this year's gains exceed India's cumulative foreign exchange rise in 2023. The rise in foreign exchange reserves, which saw a $71 billion dip in 2022, is significant in preventing the effects of global economic headwinds on the domestic economy.
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India's forex reserves jump $5.25 billion to $689.24 billion, says RBI
Business | Sep 13, 2024, 05:47 PM ISTFor the week ended September 6, foreign currency assets, a major component of the reserves, increased by USD 5.107 billion to USD 604.144 billion, the data showed.
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Indian forex reserve reaches all-time high with $648.7 billion for the week ending May 17: RBI
Business | May 24, 2024, 06:13 PM ISTFollowing three weeks of successive increase, the Indian foreign exchange reserve registers all time high growth. Earlier in the week ending on April 5, the highest ever forex reserve was achieved with USD 648.562.
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India's forex reserves rose by $58 billion cumulatively in 2023
Business | Dec 31, 2023, 10:49 AM ISTIn 2022, India's forex kitty slumped USD 71 billion cumulatively. Gold reserves during the week, however, declined by USD 102 million to USD 474.74 billion.
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India's forex reserve surges by $5.08 billion to rise 11-week high at $595.40 billion
Business | Nov 24, 2023, 07:10 PM ISTExpressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
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India's foreign exchange reserves fall $2.33 billion to $590.70 billion
Business | Sep 29, 2023, 05:52 PM ISTIndia's foreign exchange reserves dropped by USD 2.335 billion to USD 590.702 billion for the week ended on September 22, 2023, the Reserve Bank of India said.
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Forex kitty drops USD 867 million to USD 593 billion
Business | Sep 22, 2023, 06:47 PM ISTThe reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.
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Gujarat: ED seizes assets worth Rs 3.10 crore in illegal forex trading case
Gujarat | Sep 19, 2023, 11:47 PM ISTThe central agency found that the firm had no authorization from the Reserve Bank of India (RBI) for forex trading.
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India's forex reserves jump $2.35 billion to $596 billion
Business | Jun 23, 2023, 08:32 PM ISTIt can be noted that in October 2021, the country's forex kitty had reached an all-time high of USD 645 billion.
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India's forex reserves rise to USD 1.65 billion to USD 586.41 billion
Business | Apr 21, 2023, 06:48 PM ISTIndia's forex reserves rose by USD 1.657 billion to USD 586.412 billion as of April 14, marking their second consecutive week of increase.
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Pakistan forex reserves fall to near 3-year low
World | Aug 13, 2022, 03:00 AM ISTPakistan's foreign reserves: The foreign reserves held by the State Bank of Pakistan dropped by $555 million or 6.6 percent on a weekly basis due to increased debt payments and a lack of external financing, The News reported.
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India's forex reserves rise by over $3 billion
Business | Jun 19, 2021, 08:04 AM ISTAccording to RBI weekly statistical supplement, the reserves increased to $608.081 billion from $605.008 billion reported for the week ended June 4.