foreign currency assets (FCA)
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Forex reserves dip $6.1 billion to $593.48 billion
India's foreign exchange reserves, which had been steadily increasing over the past few weeks, experienced a decline of $6.1 billion in the week ending on May 19, 2023. This pullback comes after three consecutive weekly increases and affects all components...
Published On May 27th, 2023 -
India’s forex reserves drop by $1.5 billion to $575.3 billion as on February 3
India’s foreign exchange reserves saw a drop after nearly three weeks, falling $1.5 billion to $575.27 billion in the week ended February 3. The fall was the result of the decline in the Foreign Currency Assets (FCA), a major component...
Published On February 11th, 2023 -
India’s Forex Reserves Shrink by USD 1.268 bn to USD 561.583 bn
India's forex reserves declined by USD 1.268 billion to USD 561.583 billion for the week ended January 6, the Reserve Bank said. The overall reserves had increased by USD 44 million to USD 562.851 billion in the previous reporting week after...
Published On January 14th, 2023 -
India’s Foreign Exchange Reserves Finally Jump by $6.56 billion, Largest Weakly Gain In Over A Year
India's foreign exchange reserves logged their biggest weekly jump since September 2021 and also rose for the first time in three weeks for the week ended October 28, helped by gains in both foreign currency assets and gold reserves. The...
Published On November 5th, 2022
