Tag: foreign exchange reserves

India’s foreign exchange reserves surge to touch fresh peak of USD 657.2 billion

The reserves have been rising on and off for a long time now. So far in 2024, they have risen about USD 35 billion, on a cumulative basis.

July 12, 2024

India’s forex reserves decline USD 2 billion and come off record highs

Preceding those three weeks, the forex kitty had seen three consecutive weeks of decline.

June 2, 2024

India’s forex reserves rise to 4-month high of $606.9bn

An increase in the foreign exchange reserves is good news as it helps the RBI to stabilise the rupee.

December 16, 2023