Page-2 of Foreign exchange reserves

Cabinet Approval: To amend Companies Act, 2013

March 5, 2020

On March 4, 2020, the Union Cabinet approved 72 changes to the Companies Act, 2013. The main aim of the amendment is to decriminalize the provisions in the act. Highlights The amendment aims to recategorize 23 offences and omit 7 ..

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India’s Foreign Exchange touches all time high of 457.468 billion USD

January 4, 2020

RBI announced that Foreign Exchange Reserves of India has swelled by 2.52 billion USD in the week that ended on December 27, 2019. The Central Bank also said that the country’s special drawing rights with the IMF (International Monetary Fund) ..

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Foreign Exchange reserve touches a new high of 451.08 billion USD

December 7, 2019

According to the weekly data released by the Reserve Bank of India, the foreign exchange reserve touched a new high of 451.08 billion USD. The foreign exchange currency assets include the depreciation or appreciation of the non-US currency like pound, ..

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India’s forex reserves at new life-time high of $430.57 bn

August 17, 2019

According to latest Reserve Bank of India (RBI) data, India’s foreign exchange (forex) reserves surged to new life-time high of US $430.572 billion in week to August 9, 2019. It was on account of rise in foreign currency assets, the ..

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Indian Foreign Exchange Reserves increased by $2.063 billion

February 9, 2019

The data from the Reserve Bank of India (RBI) shows that the Foreign Exchange Reserves of India increased by $2.063 billion to $400.24 billion in the week to February 1. The foreign exchange reserves had increased by USD 1.497 billion ..

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India's Forex Reserves declined by USD 613.9 million to USD 393.12 billion

December 22, 2018

India’s foreign exchange reserves declined in this week by USD 613.9 million reaching USD 393.12 billion. This decline has been attributed to the fall in foreign currency assets as per the Reserve Bank of India. The Forex reserves had increased by ..

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