Fri, Dec 27, 2024
The reserves have been declining likely due to RBI intervention aimed at aggressively preventing a sharp depreciation of the Rupee. A substantial foreign exchange reserve buffer also helps shield domestic economic activity from global shocks.
More >
Sat, Nov 02, 2024
For the week ended October 25, foreign currency assets, a major component of the reserves, decreased by USD 4.484 billion to USD 593.751 billion, the data released on Friday showed.
Fri, Oct 04, 2024
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
Wed, Oct 19, 2016
The impact is likely to be seen on Indian Rupee as Hariprasad MP , Senior Vice President and Head Treasury at Centrum Limited said, “The FCNR redemption outflow will have a short term impact on the Rupee, more so sentimentally.”
Wed, Sep 07, 2016
China's foreign exchange reserves fell to the lowest since 2011 in August as the central bank intervened to support the yuan currency as it weakened to near-six year lows.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
