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India’s falling FX buffer prompts calls for softer rupee defence
India’s forex assets, excluding gold, are now just enough to cover for 8.7 months of imports, the lowest in three years
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RBI net sold $1.66 billion in spot forex market in April, shows bulletin
In April, the domestic currency was under pressure for few days after the US President Donald Trump announced the imposition of tariffs.
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Chart of the Day: Why gold is fast becoming the asset of choice for central bankers
Gold has officially dethroned the Euro as the world's second-largest reserve asset, reaching 20 percent of global foreign reserves compared to the Euro's 16 percent, according to the European Central Bank's latest assessment. This historic shift, driven by unprecedented central bank, signals a fundamental restructuring of the global monetary system amid rising geopolitical tensions.
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India's forex reserves drop $2 billion, snap 8-week streak of gains
The reserves had risen by nearly $50 billion in the nine weeks preceding the reporting week and are now about $19 billion below the all-time high of $704.89 billion hit in late September 2024.
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India's forex reserves jump $1.56 bn to $677.83 bn
This is the sixth consecutive week of a rise in the kitty
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RBI intervention in forex rises as Indian Rupee turns volatile
Data suggests that the forex reserves of the RBI has declined sharply by over $75 billion since September 27. This was the period when the Indian rupee depreciated from 83.70 against the US Dollar on September 27, to 87.96 against the greenback on February 10.
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Indian rupee least volatile currency among Asian, global peers in three months
The rupee has been on the depreciation path in the last few months due to various factors such as widening trade deficit, rising crude oil prices, and a surge in the dollar index after the US Federal Reserve hinted at fewer rate cuts in 2025.
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Four charts explain how the 1991 Budget by Manmohan Singh transformed Indian economy
India’s compounded annual growth rate hasn’t dipped below 4 percent since 1991 reforms
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India's forex reserves plunge $17.76 billion to $657.89 billion
The kitty, which had hit an all-time high of $704.885 billion in end-September, has been declining for multiple weeks now, at a time when the rupee has also been under pressure
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Forex reserves drop by $2.67 billion to $682.13 billion
For the week ended November 1, foreign currency assets, a major component of the reserves, decreased by $3.902 billion to $589.849 billion
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RBI steps in to halt major movements in weakening Indian rupee against US dollar: currency experts
According to the Bloomberg data, Indian rupee traded in the range of 83.9987 to 84.1212 against the greenback between October 11 and November 5.
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India's forex reserves drop $2.16 billion to $688.26 billion
In the previous reporting week, the overall kitty had dropped by $10.746 billion to $690.43 billion in one of the largest declines in the reserves in recent times
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Forex kitty drops $10.75 billion to $690.43 billion
The Special Drawing Rights (SDRs) were down by USD 86 million to USD 18.339 billion, the apex bank said. India’s reserve position with the IMF was down by USD 20 million to USD 4.333 billion in the reporting week, the apex bank data showed.
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Shaktikanta Das tames volatile Rupee with $689 billion in forex reserves
Clamping down on volatility and building up a stockpile of foreign exchange holdings to safeguard the economy in the event of skittish overseas investors pulling funds has been a key plank of the RBI governor’s tenure.
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Forex reserves rise to $674.66 billion as of Aug 16, short of record high
The forex reserves had fallen by $4.8 billion in the previous week, the biggest decline in four months
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India's forex reserves jump by $7.533 billion to record $674.91 billion
The overall kitty had dropped by USD 3.471 billion to USD 667.386 billion in the previous reporting week ended July 26. The previous high for the reserves had stood at USD 670.857 billion, reached on July 18.
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Foreign currency assets in FX reserves rises by Rs 5.63 lakh crore since Indian bond inclusion announcement
Currently, foreign investors holding in the FAR securities stood at Rs 1.98 lakh crore as on July 20. The holding has increased by over Rs 1 lakh crore since the announcement of inclusion.
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India's forex reserves jump by $816 mln to $653.71 bln
In the previous reporting week, the overall reserves had dropped by USD 2.922 billion to USD 652.895 billion.
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RBI has increased its gold hoard in 2024, & may acquire more
Experts say that the current global turmoil necessitates that reserves are diversified away from volatile foreign currency assets.
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India's foreign exchange reserves drop to six-week low
Foreign exchange reserves also include India's reserve tranche position in the International Monetary Fund.
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India's forex reserves jump to record high
Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves.
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Rupee value, forex reserves playing well to a longer-term scenario
For India the greatest gain will come from having a stable currency which will move the way it is expected to, the stability coming from fronting a strong economy
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India's forex reserves rises by $6.40 billion to $642.50 billion
India’s reserve position with the IMF was down by USD 129 million to USD 4.689 billion in the reporting week, the apex bank data showed.
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India's forex reserves expands $10.47 billion to $636.095 billion
The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.
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India's forex reserves jump $6.55 bn to $625.63 bn
In the previous reporting week, the overall reserves had risen by USD 2.975 billion to USD 619.072 billion.
