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Forex Market

Did RBI sell $12 billion gold reserves to protect foreign assets? A fact-check

The clarification came after a Bloomberg report claimed that the central bank may have reduced part of its gold holdings,

Updated 52 days ago

India's forex reserves drop by $4.888 billion: RBI data

Updated 426 days ago

India now fourth country in the world with forex reserves over $700 billion

This growth in the reserves is attributed to multiple factors including $30 billion in foreign inflows so far this year, led mainly by investments in local bonds after the inclusion in an important J.P. Morgan index.

Updated 658 days ago

India's forex reserves hit all time high, inch closer to $700 billion

India's foreign exchange reserves rose to a record $692.3 billion by Sept. 20, increasing by $2.84 billion. The rupee strengthened due to favorable U.S. Federal Reserve actions and local stock inflows, settling at 83.70.

Published 666 days ago

India's forex reserves drop by $4.8 billion to $670.11 billion

India's forex reserves dropped by USD 4.8 billion to USD 670.119 billion for the week ended August 9 (Representational Image)

Published 708 days ago

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