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Prime Minister Narendra Modi has accepted there was a slowdown in economy but also said it was temporary. (Photo: PTI)

Use huge reserves to revive the economy

The Modi government finds itself in a chakravyuh it is unable to fight its way out.

8 Oct 2017 7:50 PM GMT

The positive momentum was also reflected in the foreign exchange market with the Rupee rallying to an 18-month high against the US Dollar.

Foreign exchange reserves scale new high of USD 414.784 billion

As per data issued by RBI, reserves saw a spike of USD 959.1 million during aforementioned time period.

27 Jan 2018 5:51 AM GMT

Indias forex reserves have shot up considerably.

Forex reserves soar by USD 3 billion to USD 417.789 billion

Earlier, foreign exchange reserves registered a new high of USD 414.784 billion in the week to January 19.

3 Feb 2018 7:09 AM GMT

Indias forex reserves have shot up considerably.

Forex kitty continues to swell, touches a new high of USD 448 billion

The country's reserve position with the IMF also decreased by USD 17 million to USD 3.630 billion, the data showed.

16 Nov 2019 5:03 AM GMT

In the reporting week, the rise in reserves was mainly on account of an increase in foreign currency assets, a major component of the overall reserves, which surged by USD 1.891 billion to USD 421.258 billion, according to the data.

Forex reserves soar to touch all-time high of USD 453 billion

The country's reserve position with the International Monetary Fund also increased by USD 15 million to USD 3.644...

14 Dec 2019 5:36 AM GMT

Instead, gold was replaced by the dollar standard, with the proviso that dollars could be exchanged for gold.

Forex kitty continues to swell, adds another USD 1.1 bn

Foreign currency assets, which are a major component of overall reserves, rose by USD 646.4 million to USD 386.762...

19 April 2019 2:17 PM GMT

Forex reserves may hit the USD 400-billion mark by the week to September 8, 2017, says a report. Photo: PTI

First time in a month, forex reserves fall by USD 1.11 billion

The country's reserve position with the fund also declined by USD 1.5 million to USD 3.345 billion.

20 July 2019 4:16 AM GMT

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI likely intervenes to stem rupee fall: traders

Since April RBI has sold $21 billion in spot and $10 billion in forwards, according to traders

10 Aug 2018 7:34 AM GMT

Pakistan Prime Minister Imran Khan. (PTI Photo)

IMF to consider $1.4 billion loan to Pak to tackle covid19 economic...

Pakistan in March had requested the IMF for a low-cost, fast-disbursing loan under the fund's Rapid Financing Instrument

13 April 2020 8:02 AM GMT

In the previous week, the reserves had increased by USD 1.074 billion to USD 368.231 billion.

Forex reserves down $1.19 billion to $367 billion

India's reserve position with the fund dipped by USD 21.5 million to USD 2.346 billion.

18 Nov 2016 12:29 PM GMT

FIPB takes a call on proposals for FDI in ocuntry.

Foreign exchange reserves dip by 1.14 bn dollar

Total reserves had risen by USD 625.5 million to USD USD 360.296 billion in the previous reporting week.

14 Jan 2017 10:36 AM GMT

Indias forex reserves have shot up considerably.

Forex reserves up $1.218 billion to $364 billion

In previous week, reserves had shot up by $63.7 million to $362.79 billion.

11 March 2017 10:22 AM GMT