Key Points
India's foreign exchange reserves stood at a one-month low of $589.14 billion as of May 26, the Reserve Bank of India's (RBI) data showed on Friday...
It fell by $4.34 billion from the previous week...
Reserves had fallen by $6.05 billion in the week ended May 19, the biggest fall in more than three months...
The changes in foreign currency assets, expressed in dollar terms, include the effects of appreciation or depreciation of other currencies held in the RBI's reserves...
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India's forex reserves drop for 5th week; fall to over 5-month low
13, Oct, 23India's foreign exchange reserves (INFXR=ECI) declined for a fifth straight week and stood at $584.74 billion as of Oct. 6, the lowest in more than five months, data from the Reserve Bank of India (RBI) showed on Friday.
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India's forex reserves rise $1.65 billion to $586.41 billion
21, Apr, 23India's forex reserves rose $1.65 billion to $586.41 billion for the week ended April 14, data shared by the Reserve Bank of India stated on Friday. India's foreign currency assets (FCA), the biggest component of the forex reserves, saw a rise of $2.20 billion to $516.63 billion.
India's forex reserves jump to 9-month high to $584 bn
14, Apr, 23For the reported week, the rupee ended 0.3% higher against the U.S. dollar. The Indian unit traded in a wide range of 81.8300 to 82.4550 to the dollar.
Foreign exchange reserves fall $2.4 bn to over 3-month low of $560 bn
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India's forex reserves fall $2.40 billion to 3-month low of $560 billion
17, Mar, 23India's foreign exchange reserves saw a dip of $2.397 billion, dragging the position to a three-month low of $560 billion as on March 10, 2023, Reserve Bank of India's data showed on Friday. After falling for five straight weeks, India's foreign exchange reserves had risen for the first time to USD 562.40 billion as of the week ended March 3.
India's forex reserves rise $12.8 billion to 6-week high of $572.8 billion
24, Mar, 23India's foreign exchange reserves rose $12.8 billion to $572.8 billion as on March 17, 2023, Reserve Bank of India (RBI) data showed on Friday. The rupee depreciated by 24 paise to close at 82.44 (provisional) against the US dollar on Friday weighed down by the strength of the American currency and massive selling in the domestic equity market.