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FOREX KITTY FALLS
Current account deficit to widen to 2.3 per cent of GDP in FY27 from 0.9 pc in FY26: ReportIndia's current account deficit is expected to rise to 2.3 percent of GDP in FY27 from 0.9 percent in FY26. This widening deficit could str...- Forex reserves drop by $10.29 billion to $688.06 billion as of March 27India's foreign exchange reserves saw a significant decline. Reserves fell by over USD 10 billion in the week ending March 27. This drop fo...
- Banks seek relief on new forex cap amid loss riskBanks have urged the Reserve Bank of India to reconsider its $100 million net open foreign exchange position cap, warning of significant ma...
- Forex kitty posts sharpest weekly fall in 6 monthsThe RBI's foreign exchange reserves were at $594.89 billion in the week ended August 18, down $7.27 billion. The decline was the largest si...
- India's forex reserves see biggest weekly fall in over 6 monthsIndia's forex reserves dipped by $7.28 billion to $594.90 billion as of August 18, 2023, according to data from the Reserve Bank of India (...
- Forex reserves dip $6.1 billion to $593.48 billionIndia's foreign exchange reserves dropped by USD 6.052 billion to USD 593.477 billion during the week ended May 19, RBI said on Friday. The...
- Forex reserves rise by USD 1.46 billion to USD 562.4 billion: RBIThe reserves have been falling as the rupee has been under pressure and the monetary authority has been taking measures to defend the curre...
- Forex reserves down USD 8.13 bn to USD 537.51 billionThe fall in the reserves for the week ended September 23 was on account of a dip in the foreign currency assets (FCA), a major component of...
- Import cover falls below Dec levels as forex kitty shrinksThe reserves hit an all-time high of $642.453 billion on September 3 last year which was enough to cover nearly 15 months of imports on a b...
- Forex reserves decline by $4b to $604b in a week on slide in gold assetsThe forex kitty had surged by $3.074 billion to a record high of $608.081 billion in the previous reporting week.
- India's forex kitty declines by $778 million to $578.5 billionFCA fell by $1.042 billion to $536.344 billion, the data showed.
- India's forex kitty surge $7.7 billion to a record high of $568.4 billionIn the previous week which ended on October 30, the forex kitty stood at $560.715 billion after increasing by $183 million.
- Forex reserve down by $942 million to $393.52 billionIn the previous week, the reserves had seen a steep fall of $5.14 billion to reach $394.465 billion.
- Forex reserves surge to new high of $409.4 billionForeign currency assets, which captures the valuation changes, rose $4.424 billion in the week.
- India's forex reserves slump by over $4 bnIndia's foreign exchange reserves declined by over $4 bn to $293.98 bn for the week ended Nov 26, falling sharply because of heavy loss in ...
- India's forex reserves decline by USD 4 bn to USD 293.98 bnThe country's foreign exchange reserves fell by over USD 4 billion to USD 293.98 billion on the back of a heavy fall in foreign currency.
- Forex kitty falls to $298 bn on foreign currency assets declineIndia’s foreign exchange reserves fell to $297.985 billion as on November 12 from $298.315 billion in the previous week, the Reserve Bank o...
- Forex kitty falls $1.15 bn to touch $277 bnForeign exchange reserves dipped $1.15 billion during the week ended March 26 to touch $277 billion largely on account of revaluation of no...
- Forex reserves dip $5 bn as RBI sells dollarsIndia’s forex reserves continue to be under pressure, with the Reserve Bank of India (RBI) selling dollars to meet buyers’ demand and inter...
- Forex kitty loses $1.5 bn to $251.4 bnThe fall in India’s foreign exchange reserves continued for yet another week as the Reserve Bank of India sold dollars to meet buyers’ dema...
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