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Image used for representational purposes. File | Photo Credit: Reuters Foreign exchange reserves in India can be used to cool down the volatility in the rupee as it is episodic and not structural, said experts while speaking at a panel at the Debt Market Summit 2025. “We earn foreign exchange reserves from excess FPI that…
Read More “Forex reserves can be used when sentiments pull INR down: Experts” »
The graph of the Indian rupee has been snaking sharply downward. The rupee-to-dollar exchange rate, or the rupees needed to purchase a U.S. dollar, crossed 96 in May this year. That rate was around 85 a year ago, indicating the rupee’s decline in value since then. Exchange rate is the price that a currency, such…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s forex reserves dropped by $9.809 billion to $686.801 billion in the week to January 2, the Reserve Bank of India (RBI) said on Friday (January 9, 2026). In the previous reporting week, the forex reserves had jumped by $3.293 billion to $696.61 billion….
The overall kitty had increased by $4.368 billion to $693.318 billion in the previous reporting week. File | Photo Credit: Reuters India’s forex reserves jumped by $.293 billion to $696.61 billion in the week to December 26, the RBI said on Friday (January 2, 2026). The overall kitty had increased by $4.368 billion to $693.318…
Read More “Forex reserves jump $3.293 billion to $696.61 billion” »
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s forex reserves dropped by $6.925 billion to $695.355 billion during the week ended October 24, the RBI said on Friday (October 31, 2025). In the previous reporting week, the overall reserves had increased by $4.496 billion to $702.28 billion. For the week ended…
Image used for representation purpose only. | Photo Credit: The Hindu India’s forex reserves rose $1.05 billion to $630.607 billion for the week ended January 31, the RBI said on Friday (February 7, 2025) In the previous reporting week, the overall reserves had increased by $5.574 billion to $629.557 billion. This is the second consecutive…
Read More “India’s forex reserves rise $1.05 bln to $630.607 bln” »
Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s forex reserves dropped by $5.693 billion to $634.585 billion in the week ended January 3, the Reserve Bank of India said on Friday (January 10, 2025). In the previous reporting week, the overall kitty had declined by $4.112 billion to $640.279 billion. The…
Read More “India’s forex kitty drops $5.69 billion to $634.58 billion” »
Photo used for illustration purpose only. | Photo Credit: Reuters The country’s forex reserves dropped by a further $8.478 billion to $644.391 billion for the week ended December 20, the RBI said on Friday (December 27, 2024). In the previous reporting week, the reserves had dropped by $1.988 billion to a six-month low of $652.869…
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Image used for representation purpose only. | Photo Credit: The Hindu India’s forex reserves dropped by $3.709 billion to $701.176 billion for the week ended October 4, the RBI said on Friday (October 11, 2024). In the previous reporting week, the reserves had jumped by $12.588 billion to an all-time high of $704.885 billion. For…
Read More “India’s forex kitty drops by $3.71 billion to $701.176 billion” »
Rupee notes displayed at a roadside currency exchange stall in New Delhi. File photo | Photo Credit: REUTERS The rupee witnessed range-bound trading in initial deals against the US dollar on Monday (August 12, 2024), as market participants remained on the sidelines ahead of the release of key domestic macroeconomic data. Forex traders said for…