Foreign Exchange Reserves News
India's forex reserves drop $4.9 billion to $685.7 billion as of May 16: RBI data shows
Reserve Bank of India data shows that India's foreign exchange reserves dropped $4.9 billion to $685.7 billion as of the week ended 16 May 2025. The nation's gold reserves also dropped by $5.12 billion as per the latest release.
2 min read25 May 2025India's forex reserves rise $4.6 billion, hit 7-month high at $690.6 billion: RBI
India's foreign exchange (forex) reserves hit a 7-month high after increasing $4.6 billion to $690.6 billion as of the week ended 9 May, 2025, according to the data collected from the Reserve Bank of India (RBI).
2 min read18 May 2025Rupee ticks up, volatility expectations climb to two-year peak
INDIA-MARKETS/RUPEE:INDIA RUPEE-Rupee ticks up, volatility expectations climb to two-year peak
1 min read28 Apr 2025India's forex reserves jump for third straight week to hit over four-month high of $658.8 billion
India's forex reserves logged a third straight week of rise in the kitty, which has been on a declining trend recently due to revaluation, along with forex market interventions by the RBI to help reduce volatilities in the rupee.
1 min read28 Mar 2025India's forex reserves snap three-week gaining streak, drop by $2.54 billion to $635.721 billion
India's forex reserves had hit an all-time high of $704.885 billion in September 2024. The forex kitty declined thereafter due to forex market interventions by RBI to reduce volatility in the rupee.
2 min read21 Feb 2025Ghana Cedi Gains Second Day After Central Bank Sells $214 Million
Ghana’s currency appreciated a second day after the central bank sold dollars to the market to boost the cedi.
1 min read11 Nov 2024