India’s forex reserves dip to $ 318.5 bn: RBI 01/09/2014

India’s forex reserves dip to $ 318.5 bn: RBI
01/09/2014 00:07
India’s foreign exchange reserves fell in the week ended August 22, 2014 driven by a decline in foreign currency assets. Forex reserves declined by USD 810.7 million to USD 318.57 billion in the week ended August 22, 2014 from the previous week, the central bank, the Reserve Bank of India (RBI) said in a report on Friday. In the week ended August 15, 2014, India’s foreign exchange reserves had risen by USD 43.3 million to USD 319.39 billion, snapping a two-week downward streak. Foreign currency assets, which are expressed in dollar terms and include the effect of appreciation or depreciation of non US currencies such as euro, pound and yen held in reserves, fell by USD 783 million to USD 291.318 billion in the week ended March 28, 2014 from the previous week, the RBI added. Foreign currency assets are the biggest component of the overall forex reserves. India's gold reserves stood unchanged at USD 21.173 billion in the week ended August 22, 2014 from the previous week, data showed. The special drawing rights dropped by USD 19.8 million to USD 4.396 billion, while India's reserve position with the IMF also declined by USD 7.9 million to USD 1.691 billion in the week ended August 22, 2014, RBI data showed.

India’s forex reserves dip by $573.5 mn 11/08/2014

India’s forex reserves dip by $573.5 mn
11/08/2014 16:57
India’s forex reserves dropped from a near-record high in the week ended August 1, 2014 amid a sharp decline in foreign currency assets as overseas inventors exited risky assets amid rising geopolitical concerns due to the crisis in the Middle East and heightened tensions between Russia and Ukraine, clouding the outlook for Asia’s third biggest economy. Forex reserves fell by USD 573.5 million to USD 319.99 billion in the week ended August 1, 2014 from the previous week, data from the Reserve Bank of India (RBI) showed on Friday. In the week ended July 25, 2014, foreign exchange reserves rose by USD 2.71 billion to USD 320.56 billion. Foreign currency assets, which are expressed in dollar terms and include the effect of appreciation or depreciation of non US currencies such as euro, pound and yen held in reserves, fell by USD 1.09 billion to USD 292.69 billion in the week ended August 1, 2014 from the previous week, the RBI added. Foreign currency assets are the biggest component of the overall forex reserves. The value of gold reserves climbed by USD 538.9 million at USD 21.17 billion in the week ended August 1, 2014.

India’s forex reserves up $2.71 bn to $320.56 bn 04/08/2014

India’s forex reserves up $2.71 bn to $320.56 bn
04/08/2014 00:34
India’s foreign exchange reserves rose for the eighth week on the trot as foreign currency assets climbed, pushing the country’s forex reserves to near an all-time high as foreign investors continued to pump money into India amid bullish sentiment following the arrival of the Modi government. Forex reserves rose by USD 2.714 billion to USD 320.56 billion in the week ended July 25 2014 from the previous week, data from the country’s central bank, the Reserve Bank of India (RBI) showed on Friday. Foreign exchange reserves are closing in on the USD 321 billion mark achieved in September 2011. In the week ended July 18, 2014, India's forex reserves had risen to USD 317.85 billion. Foreign currency assets, which are expressed in dollar terms and include the effect of appreciation or depreciation of non US currencies such as euro, pound and yen held in reserves, rose by USD 2.73 billion to USD 293.78 billion in the week ended July 25, 2014 from the previous week, the RBI added. Foreign currency assets are the biggest component of the overall forex reserves. India's gold reserves stood unchanged at USD 20.634 billion in the week ended July 25, 2014 from the previous week, data showed.

India’s forex reserves rise to $315.77 bn 07/07/2014

India’s forex reserves rise to $315.77 bn
07/07/2014 11:47
India’s forex reserves surged in the week ended June 27, 2014 as foreign investors pumped in funds into the country’s equity market amid hopes that the new Modi government may announce some key reforms in the upcoming budget to help accelerate growth in Asia’s third biggest economy, which has grown below the 5 per cent mark in the past several quarters. Forex reserves rose by USD 856.6 million to USD 315.778 billion in the week ended June 27, 2014 from the previous week, data from the central bank the Reserve Bank of India (RBI) showed on Saturday. In the week ended June 20, 2014, India's forex reserves had risen by USD 1.385 billion to USD 314.922 billion. Foreign currency assets, which are expressed in dollar terms and include the effect of appreciation or depreciation of non US currencies such as euro, pound and yen held in reserves, rose by USD 850.9 million to USD 288.812 billion in the week ended June 27, 2014 from the previous week, the RBI added. Foreign currency assets are the biggest component of the overall forex reserves. India's gold reserves stood unchanged at USD 20.790 billion in the week ended June 27, 2014 from the previous week, data showed.

India’s forex reserves rise to $313. 54 bn 23/06/2014

India’s forex reserves rise to $313. 54 bn
23/06/2014 00:31
India’s foreign exchange reserves rose at an impressive pace in the week ended June 13 as overseas investors pumped in funds into the nation’s capital markets amid hopes that the new Narendra Modi government will take concrete measures to revive growth in Asia’s third biggest economy, which has grown below the 5 per cent mark for the past several quarters.
Forex reserves rose by USD 950.9 million to USD 313.536 billion in the week ended June 13, 2014 from the previous week, data from the Reserve Bank of India (RBI) showed on Friday.
In the week ended June 6, 2014, India’s foreign exchange reserves rose by USD 203.2 million to USD 312.585 billion over the previous week.
Foreign currency assets, which are expressed in dollar terms and include the effect of appreciation or depreciation of non US currencies such as euro, pound and yen held in reserves, rose by USD 958.5 million to USD 286.589 billion in the week ended March 28, 2014 from the previous week, the RBI added.
Foreign currency assets are the biggest component of the overall forex reserves. India's gold reserves stood unchanged at USD 20.790 billion in the week ended June 13, 2014 from the previous week, data showed.

India’s forex reserves rise to $313.83 bn in week ended May 9: RBI

India’s forex reserves rise to $313.83 bn in week ended May 9: RBI

India’s forex reserves rose in the week ended May 9 as foreign investors continued to pour in funds into the equity markets amid hopes that the country will elect a stable government at the centre in Asia’s third biggest economy Foreign exchange reserves rose by USD 1.97 billion to USD 313.83 billion in the week ended May 9, 2014 over the previous week, data from the country’s central bank, the Reserve Bank of India (RBI) showed on Friday. In the week ended May 2, 2014, forex reserves stood at USD 311.86 billion, the report said. Foreign currency assets, which are expressed in dollar terms and include the effect of appreciation or depreciation of non US currencies such as euro, pound and yen held in reserves, rose by USD 1.98 billion to USD 286.55 billion in the week ended May 9, 2014 from the previous week, the RBI added. Foreign currency assets are the biggest component of the overall forex reserves. India's gold reserves stood unchanged at USD 20.97 billion in the week ended May 9, 2014 from the previous week, data showed