Foreign Exchange Reserves News

India's foreign exchange (FX) reserves rose for the fifth consecutive week ending December 15, hitting an over 20-month high of $615.97 billion- the highest level since March 2022, according to the data released by the Reserve Bank of India on Friday. ...

India's foreign exchange reserves rose by $1.153 billion to $585.895 billion for the week ending October 13, showed the latest data by the Reserve Bank of India (RBI) on Friday. The jump in forex reserves is seen after several weeks of ...

The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion stand-by arrangement, the lender said, a decision long awaited by the South Asian nation which is teetering on the brink of default, reported Reuters. The ...

India currently has the fourth largest foreign exchange reserves in the world, Minister of State for Finance Pankaj Chaudhary told Lok Sabha on Monday. As on November 19, 2021, he said the forex reserve stood at USD 640.4 billion.  Replying to ...

New Delhi: There is no room to be fearful of rupee taking a tanking again when US Federal Reserve decides on tapering of its stimulus programme as the government has enough ammunitions in its hand to deal with the situation, a ...