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News
forex kitty
Forex kitty News
forex kitty
01 Nov 2024
India's Forex Kitty At $684.8 Bn, Gold Reserves Go Up
However, gold reserves, which form part of the foreign exchange kitty, increased by $1.08 billion to $68.53 billion during the week, according to the central bank.
India's forex reserve
26 Jul 2024
India’s Forex Reserves Surge To Lifetime High Of $670.86 Bn
A strong Forex kitty enables the RBI to intervene in the spot and forward currency markets by releasing more dollars to prevent the rupee from going into a free fall.
forex kitty
14 Jun 2024
India's Forex Kitty Surges To New Lifetime High Of $655.8 Billion
India, with an expected 15.2 per cent share in world remittances in 2024, also continues to be the largest recipient of remittances globally.
Forex Reserve
10 May 2024
India’s Forex Reserves Surge By $3.7 Bn To Touch $641.6 Bn Mark
RBI Governor Shaktikanta Das on Friday referred to the record foreign exchange reserves as a reflection of the strength of the Indian economy.
India forex reserves
26 Apr 2024
India's Forex Reserves Dip By $2.83 Billion To $640.3 Billion
Market analysts attribute the decline in foreign currency assets to the RBI actively releasing dollars in the market to curb the volatility in the rupee.
India's forex reserves
22 Mar 2024
India's Forex Kitty Rises By USD 6.40 Bn To USD 642.50 Bn
In October 2021, the country's forex kitty had reached an all-time high of USD 645 billion.
Rupee Vs dollar
08 Sep 2017
Forex kitty swells by $3.57 billion, closes in on $400 bn-mark
In the previous week, the reserves had increased by USD 1.148 billion to USD 394.55 billion.
Rupee Vs dollar
01 Sep 2017
Forex kitty rises to record $394.55 billion
Gold reserves remained unchanged at USD 19.943 billion.
RBI
27 Aug 2017
Is rising forex kitty fuelling inflation?
Recently, American brokerage Morgan Stanley had estimated that the reserves could hit the USD 400-billion-mark by the week to September 8.
forex kitty
23 Jun 2017
Forex kitty at record high of $381.955 billion
Expressed in US dollar terms, Foreign Country Asset's include the effects of appreciation/depreciation of non-US currencies, such as the euro, pound and the yen, held in the reserves.
forex kitty
23 Jun 2017
India's forex kitty at record high of $381.955 billion
Expressed in US dollar terms, Foreign Country Asset's include the effects of appreciation/depreciation of non-US currencies, such as the euro, pound and the yen, held in the reserves.
forex kitty
15 May 2015
Forex reserves at life-time high
Country's foreign exchange reserves increased by USD 262.4 million to touch a new life-time high of USD 352.131 billion in the week to May 8 on account of rise in foreign currency assets, RBI said.
forex kitty
03 Apr 2015
Forex kitty continues to rise, scales new high at $341.4 billion
The foreign exchange reserves continued their upward momentum and scaled a new life time high at USD 341.378 billion, rising by USD 1.386 billion for the week ended March 27, the Reserve Bank data showed Friday.
forex kitty
10 Feb 2015
Forex kitty high, but may not cushion extreme volatility: RBI
RBI Deputy Governor H R Khan on Tuesday said though the country's forex kitty was at an all time high of USD 330 billion, there should be no complacency as no amount of reserves may be enough to fight extreme volatility.
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