India's forex reserves rise to $313.54 billion as of June 13: Citibank India's foreign exchange reserves rose to $313.54 billion as of June 13 compared with $312.59 billion in the week earlier, the Reserve Bank of India said on Friday. Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves, the RBI said in its weekly ...
India’s Forex Reserves Surge to $312.58 Billion in Week through June 6 The Indian foreign exchange reserves accelerated to $312.58 billion in the week through June 6, an increase of $203.2 million, according to data compiled by the Reserve Bank of India. The growth, the first one after two successive weeks of decline, was mainly due to a quick jump in the value of international currency holdings. The forex reserves had earlier ...
Reserve Bank of India bought US $ 7.78 billion in spot forex market in March The Reserve Bank of India was a net buyer of dollars worth US $ 7.78 billion in the spot forex market in March. As per the data of Monthly Bulletin for May 2014, the central bank purchased USD 8.75 billion in March while it sold US $ 970 million during the month. However, in February, RBI had sold a net US $ 530 million in the spot forex market. For the entire 2013-14, there were net buys of ...
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