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forex market news

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,
india news
Updated on Jun 03, 2026 05:59 pm IST

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

A man walks past a logo of the Reserve Bank of India (RBI) and the Indian Rupee inside the RBI headquarters in Mumbai.
business
Updated on May 25, 2025 04:02 pm IST

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.
business
Updated on Oct 05, 2024 01:07 pm IST

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.
business
Published on Sept 27, 2024 05:31 pm IST

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)
business
Published on Aug 16, 2024 07:23 pm IST

Delhi HC quashes summon of Hero Motocorp chairman Pawan Munjal in forex DRI case

Hero MotoCorp's chairperson Pawan Kant Munjal
business
Published on Jul 24, 2024 12:09 pm IST

Indian rupee declines to record low after government raises tax on capital gains

The rupee declined to 83.69 to the dollar. (Getty Images/iStockphoto)
business
Published on Jul 23, 2024 02:30 pm IST

India's foreign exchange reserves rise by $810 mn to $653.7 bn on June 21: RBI

A police officer walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India. (Reuters)
business
Published on Jun 28, 2024 08:08 pm IST

Rupee's stability & cost makes it attractive for carry trade, Bank of America

Foreign exchange (Representational)
business
Published on Jun 10, 2024 05:00 pm IST

India's forex reserves hit record high of $651.5 billion as of May 31

India’s Forex reserves comprise of foreign currency assets (FCAs), gold, special drawing rights (SDRs) and the RBI’s position with the International Monetary Fund (IMF).
business
Published on Jun 07, 2024 11:02 am IST

India's forex reserves see ₹54k crore boost; jump to $625 billion in March

India sees major boost in forex reserves
business
Published on Mar 08, 2024 08:34 pm IST

India's forex reserves decline $5.2 billion to come off one-month high

India's forex saw a significant dip earlier this month (PTI)
business
Published on Feb 18, 2024 01:42 pm IST

India's forex reserves jump by $9 billion to $615 billion last week: RBI

India's forex reserve has shown a major jump over the last week.
business
Published on Dec 23, 2023 05:23 pm IST

Forex reserves rise to near two-month high of USD 596.28 billion

India's forex reserves figures latest
business
Updated on Jul 14, 2023 07:24 pm IST

Forex reserves fall USD 2.9 bn to USD 593.19 billion

Currency seen at a forex bureau counter in New Delhi.
business
Published on Jun 30, 2023 06:11 pm IST

India's forex reserves rise by $4.5bn to $588.78bn

Currency seen at a forex bureau counter in New Delhi.
business
Published on May 05, 2023 07:54 pm IST

India's forex reserves touch five-month high at $572 bn

India's foreign currency assets, the biggest component of the forex reserves, rose by USD 9.078 billion.
business
Published on Jan 22, 2023 01:11 pm IST

India's forex reserves drop by USD 1.268 bn in first week of year

Currency seen at a forex bureau counter in New Delhi.
business
Published on Jan 13, 2023 07:15 pm IST

India's forex reserves up for 5th consecutive week

Overall, India's forex reserves had declined sharply ever since Russia invaded Ukraine.
business
Published on Dec 17, 2022 02:29 pm IST

India's forex reserves to fall another $15 billion by end-2022: Report

A drop in foreign currency assets, the largest component of India's foreign exchange reserves, is the main reason for the overall decline this year
business
Published on Nov 01, 2022 04:02 pm IST

India's forex reserves drop to lowest since July 2020

The rupee ended 0.25% higher at 82.47 per dollar this week, ending a run of six straight weeks of declines.
business
Published on Oct 28, 2022 09:01 pm IST

India's forex reserves rise by $204 million to $532.868 billion: Report

In October 2021, the country's forex kitty had reached an all-time high of USD 645 billion.
business
Updated on Oct 14, 2022 07:19 pm IST

India forex reserves set to shrink further, stir memories of 2008 crisis: Report

A few economists in the poll warned overall forex reserves could fall more than their forecasts over the coming year. 
business
Published on Sept 28, 2022 07:11 pm IST

India forex reserves fall to near two-year low

Reserves stood at $550.871 billion at the end of the previous week. (PTI)
business
Published on Sept 23, 2022 06:30 pm IST

India forex reserves 4th largest globally, says RBI governor 

The RBI governor made the remark on forex reserves on Friday. (AFP)
business
Published on Aug 05, 2022 11:44 am IST

Rupee rises 13 paise to 79.11 against US dollar in early trade

In the previous session, the rupee had closed at 79.24 against the US dollar.
business
Published on Aug 01, 2022 12:08 pm IST

India's forex reserves drop by $160 million to $635.66 billion

India's foreign exchange reserves declined by 160 million to $635.66 billion due to a drop in foreign currency assets, the Reserve Bank of India (RBI) data showed
business
Published on Dec 24, 2021 10:41 pm IST

Sensex rallies 377 points; Kotak Bank zooms 12 per cent

The 30-share BSE index ended 376.60 points or 0.94 per cent higher at 40,522.10. The broader NSE Nifty surged 121.65 points or 1.03 per cent to 11,889.40.
business
Updated on Oct 27, 2020 04:14 pm IST

Rupee rises 45 paise to 75.27 against US dollar in early trade

The rupee appreciated 45 paise to 75.27 against the US dollar
business
Updated on May 08, 2020 12:38 pm IST

Rupee rises 25 paise to 76.02 against US dollar in early trade

On Monday, rupee had settled at 76.27 against the US dollar.
business
Updated on Apr 15, 2020 10:46 am IST
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