Forex reserves down $113.5 million at $353.34 billion

Last Updated: Friday, August 14, 2015, 18:04

The country's foreign exchange reserves declined by USD 113.5 million to USD 353.347 billion in the week to August 7 on account of a fall in foreign currency assets (FCAs), a key constituent.

Brokerages see no major trade hit on yuan fall

Last Updated: Wednesday, August 12, 2015, 17:25

Even though the rupee has been under pressure for past two trading sessions, French brokerage BNP Paribas said yuan devaluation will not have a major impact as the country's trade exposure to China is comparatively small and also due to strong balance of payments situation.

Gold reserves plunge, forex kitty dips to $353.46 bn

Last Updated: Friday, August 7, 2015, 20:25

India's gold reserves fell sharply by USD 824.2 million as the metal's prices weakened globally, but gains in currency assets limited the dip in overall forex reserves, which were down USD 187.6 million at USD 353.46 billion for the week ended July 31.

Forex reserves up $322 million: RBI

Last Updated: Saturday, August 1, 2015, 15:23

After four consecutive weeks of decline, India`s foreign exchange reserves grew by USD 322 million in the week ended July 24.

Economy would regain over 8% growth soon: President

Last Updated: Monday, July 27, 2015, 21:14

President Pranab Mukherjee on Monday expressed the hope that economy would regain growth rate of over 8 percent soon and the country's USD 350 billion-plus foreign reserves put India in a comfortable position to deal with global challenges.

Forex reserves down by $156.9 million to $354.360 billion

Last Updated: Friday, July 17, 2015, 20:44

The country's foreign exchange reserves declined marginally by USD 156.9 million to USD 354.360 billion in the week to July 10, due to fall in foreign currency assets, according to the RBI weekly data.

Forex reserves at 'reasonable' level: RBI

Last Updated: Tuesday, July 14, 2015, 16:09

Reserve Bank Deputy Governor S S Mundra on Tuesday assured that India's foreign exchange reserves are at 'reasonable' level.

Additional $60 billion forex needed to fight volatilities: HSBC

Last Updated: Friday, June 26, 2015, 16:19

As India's forex kitty is growing steadily, foreign brokerage HSBC on Friday said the country needs at least USD 60 billion more in reserves to fight a sustained period of global volatilities.

India's forex reserves jump Rs 1.57 bn to Rs 354.29 bn

Last Updated: Friday, June 19, 2015, 22:03

The country's foreign exchange reserves rose by USD 1.57 billion to USD 354.29 billion for the week ended June 12 on a surge in core currency assets, the Reserve Bank said on Friday.

Forex reserves rise to $352.71 bn

Last Updated: Friday, June 12, 2015, 18:19

In the previous week, the reserves had increased by USD 917.5 million to USD 352.474 billion. The forex kitty had touched a record high of USD 352.876 billion in the week to May 15.

Forex reserves up by $917.5 million to $352.474 billion

Last Updated: Friday, June 5, 2015, 20:30

Country's foreign exchange reserves rose by USD 917.5 million to touch USD 352.474 billion in the week to May 29, helped by surge in foreign currency assets, according to RBI data.

RBI net FX forwards in up to 1-year maturities down $3.15 bn in April

Last Updated: Wednesday, June 3, 2015, 12:18

The Reserve Bank of India`s net forward dollar book fell by $3.15 billion for up to one-year maturities in April, compared with a net rise of $2.49 billion in the previous month, according to Reuters calculations based on data from the central bank`s website.