forex reserves | DD News

October 24, 2025 7:20 PM

India’s forex reserves rise by $4.5 billion to cross $702 billion

India’s foreign exchange reserves rose by $4.5 billion to $702.3 billion for the week ended October 17, mainly driven by a surge in gold reserves, according to data released by the Reserve Bank of India (RBI) on Friday. Gold reserves held by the RBI as part of the country’s foreign exchange reserves surged by $6.2 billion to exceed $108.5 billion for the first time, supported by a sharp rise in global gold prices and increased purchases by the central bank. Foreign currency assets, which f...

August 1, 2025 10:27 PM

India’s forex reserves rise by $2.7 billion to $698.19 billion

India’s foreign exchange reserves increased by $2.7 billion to reach $698.19 billion for the week ending July 25, according to data released by the Reserve Bank of India (RBI) on Friday. The rise was led by foreign currency assets, which went up by $1.31 billion to $588.93 billion. These assets, expressed in dollar terms, include the impact of changes in the value of other major currencies such as the Euro, Pound, and Yen held in the reserves. Gold reserves also contributed to the growth, i...

May 16, 2025 7:14 PM

India’s forex reserves surge by $4.5 billion to cross $690.6 billion mark

India’s foreign exchange reserves jumped by $4.5 billion to reach $690.62 billion for the week ended May 9, according to data released by the Reserve Bank of India (RBI) on Friday. Foreign currency assets, the largest component of the reserves, rose by $196 million to $581.37 billion. These assets, expressed in US dollar terms, reflect the impact of appreciation or depreciation in other currencies such as the euro, pound, and yen that are part of the reserves. Gold reserves also saw ...

March 23, 2025 1:20 PM

India’s forex reserves rise by USD 305 million to USD 654.3 billion

India’s foreign exchange reserves increased by USD 305 million, reaching USD 654.271 billion in the week ending March 14. This rise follows the previous week’s surge, which marked the highest weekly gains in over three years. Prior to these recent increases, forex reserves had experienced a steady decline for about four months, slipping to an 11-month low. The trend has since seen fluctuations, with alternate weeks of gains and declines. India’s forex reserves had earlier reached an all-...

November 1, 2024 7:09 PM

India’s foreign exchange reserves drop for fourth consecutive week following record highs

India's foreign exchange reserves have declined for the fourth consecutive week, following a remarkable run that saw them reach an all-time high last month. According to data released by the Reserve Bank of India (RBI) on Friday, the forex reserves fell by USD 3.463 billion in the week ending October 25, bringing the total reserves to USD 684.805 billion. In the previous three weeks, reserves decreased by USD 3.7 billion, USD 10.7 billion, and USD 2.16 billion, respectively. Prior to this down...

September 16, 2024 5:58 PM

India’s foreign exchange reserves hit record high of $657.2 billion

The Reserve Bank of India (RBI) reported on Friday that for the week ending July 5, the nation's forex reserves surged by $5.158 billion, touching an unprecedented $657.155 billion. This figure surpasses the previous record of $655.817 billion set just last month. The steady climb of India's forex reserves has been a consistent trend in 2024, with a cumulative increase of approximately $35 billion since the year's start. Breaking down the components, India's foreign currency assets (FCA), the ...

May 28, 2024 7:38 PM

Fitch Downgrades Bangladesh to ‘B+’; Outlook Stable

Fitch Ratings has downgraded Bangladesh's Long-Term Foreign-Currency Issuer Default Rating on Monday to 'B+' from 'BB-' owing to weakening of Bangladesh's external buffers. The country's forex reserves are down substantially due to continued forex interventions, capital outflows and persistent use of informal channels for remittances. Bangladesh's reserves have fallen by 15% from January 2024 levels to USD18.4 billion, said the agency in a report. Domestic US dollar scarcity has resulted in eff...