India’s foreign exchange reserves

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...

India’s forex reserves hit a new low, RBI forced to spend $118 billion to defend INR

India's forex reserves hit a new low: For the week ending October 14, India's foreign exchange reserves (Forex Reserves) further declined to a level not seen in more than two years as the country's central bank, Reserve Bank of India (RBI)...

RBI Sells $13 billion in August to Hold Rupee at 80

India's foreign exchange reserves slumped by over $2 billion in the week ending August 12, as the Reserve Bank of India intervened to shore up the rupee and keep the currency below 80 per dollar. That is an effort the...