Foreign Exchange Reserves News

During the reporting week ended October 8, the rise in the reserves was on account of an increase in the Foreign Currency Assets (FCAs)

During the reporting week ended October 1, 2021, the dip in theforexkitty was on account of a fall in the foreign currency assets (FCAs), a major component of the overall reserves.

China's foreign exchange reserves, the largest in the world, fell to $3.2006 trillion at the end of September, down $31.5 billion from a month earlier, according to official data released on Thursday.

During the reporting week ended September 24, 2021, the dip in reserves was on account of a fall in the foreign currency assets (FCAs), a major component of the overall reserves

During the reporting week ended September 17, 2021, the drop in theforexkitty was mainly on account of a decline in the foreign currency assets (FCAs), a major component of the overallreserves.

Forex Reserves News: The country's foreign exchange reserves declined by $1.34 billion to $641.113 billion in the week ended September 10, 2021

Foreign exchange reserves held by Pakistan's Central Bank fell 0.61 per cent on a weekly basis, according to State Bank of Pakistan's data on Thursday.

In the previous week ended August 27, the reserves had surged $16.663 billion to $633.558 billion, mainly due to a rise in Special Drawing Rights (SDR) holding

On Wednesday, RBI had said the International Monetary Fund (IMF) made an allocation of SDR 12.57 billion (equivalent to around $17.86 billion at the latest exchange rate) to India on August 23, 2021.

Expressed 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.

Forex Reserves: The country's foreign exchange reserves rose by $835 million to touch a record high of $612.73 billion in the week ended July 16, 2021, RBI data showed.

Shaktikanta Das on Friday said India's foreign exchange reserves may have crossed record level of $600 billion on the back of robust capital flows.

RBI Data: Gold reserves increased by $34 million to $35.354 billion in the reporting week.

India's reserves, enough to cover roughly 18 months of imports, have been bolstered by a rare current-account surplus.

India's foreign exchange reserves are expected to reach the $500 billion mark in the coming weeks, as the flow of foreign funds increases, despite the coronavirus pandemic. Commenting on the rising forex reserves, Mahindra Group Chairman, Anand Mahindra, has now said that this is a morale booster in these uncertain times.

During the reporting week ended October 8, the rise in the reserves was on account of an increase in the Foreign Currency Assets (FCAs)

During the reporting week ended October 1, 2021, the dip in theforexkitty was on account of a fall in the foreign currency assets (FCAs), a major component of the overall reserves.

China's foreign exchange reserves, the largest in the world, fell to $3.2006 trillion at the end of September, down $31.5 billion from a month earlier, according to official data released on Thursday.

During the reporting week ended September 24, 2021, the dip in reserves was on account of a fall in the foreign currency assets (FCAs), a major component of the overall reserves

During the reporting week ended September 17, 2021, the drop in theforexkitty was mainly on account of a decline in the foreign currency assets (FCAs), a major component of the overallreserves.

Forex Reserves News: The country's foreign exchange reserves declined by $1.34 billion to $641.113 billion in the week ended September 10, 2021

Foreign exchange reserves held by Pakistan's Central Bank fell 0.61 per cent on a weekly basis, according to State Bank of Pakistan's data on Thursday.

In the previous week ended August 27, the reserves had surged $16.663 billion to $633.558 billion, mainly due to a rise in Special Drawing Rights (SDR) holding

On Wednesday, RBI had said the International Monetary Fund (IMF) made an allocation of SDR 12.57 billion (equivalent to around $17.86 billion at the latest exchange rate) to India on August 23, 2021.

Expressed 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.

Forex Reserves: The country's foreign exchange reserves rose by $835 million to touch a record high of $612.73 billion in the week ended July 16, 2021, RBI data showed.

Shaktikanta Das on Friday said India's foreign exchange reserves may have crossed record level of $600 billion on the back of robust capital flows.

RBI Data: Gold reserves increased by $34 million to $35.354 billion in the reporting week.

India's reserves, enough to cover roughly 18 months of imports, have been bolstered by a rare current-account surplus.

India's foreign exchange reserves are expected to reach the $500 billion mark in the coming weeks, as the flow of foreign funds increases, despite the coronavirus pandemic. Commenting on the rising forex reserves, Mahindra Group Chairman, Anand Mahindra, has now said that this is a morale booster in these uncertain times.