Topic: Forex Reserves
India’s Forex Reserves Show Significant Increase
India’s foreign exchange reserves have experienced a notable rise. on November 09, the reserves reached 658.09 billion dollars, an increase of 1.51 billion dollars. This marks the first...
Foreign Exchange Reserve
Foreign exchange reserves are the assets that a country’s central bank or monetary authority holds to ensure a balance of payments in the country, maintain stability in the...
Rise in ECB limit under Automatic Route
On July 6, 2022, the Reserve Bank of India (RBI) has liberalised the norms further in order to increase foreign exchange inflows. Key Facts The central bank has...
India’s Forex reserves touch all-time high of $612.73 billion
In the week ended 16th July, India’s foreign exchange reserves rose by 835 million to touch a record high margin of 612.73 billion. In the week ended 9th...
India: 5th largest Forex reserve holder in the world
As of 25th June, 2021, India has surpassed Japan, China, Russia and Switzerland to become the world’s fifth-largest foreign exchange reserve holder with $608.99 billion. This was mentioned...
Forex Reserves of India are rising
The Forex Reserves of India are increasing and are to hit 500 billion USD soon. In May 2020, the Indian Forex Reserves touched an all time high of...
What is Forex Swap and LTRO suggested by RBI governor to support Liquidity in India?
The RBI Governor recently stated that the apex bank has several armoury of weapons and it will not hesitate to deploy them. Two of the measures suggested by...
Economic Survey 2020 tabled in the Parliament by the Finance Minister
The Economic Survey of the Fiscal Year 2020 has been tabled in both the houses of Parliament. The survey highlights economic trends in the country, development over the...
Indian Foreign Exchange Reserves
The RBI data shows that Indian Foreign Exchange Reserves have been increased by USD 1.497 billion to reach USD 398.178 billion for the week to January 25. This increase has...
India’s forex reserves at record high of $424.864 billion: RBI
According to the Reserve Bank of India (RBI), India’s forex (foreign exchange) reserves have touched record high of 424.864 billion in April 2018. The surge was due to...
Forex Reserves scale record high of $409.366 billion in December 2017
According to Reserve Bank of India (RBI), India’s foreign exchange (Forex) reserves have scaled to fresh record high of $409.366 billion as on December 29, 2017. The surge...
