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Is $600 billion forex reserve adequate for Indian economy?
Though higher reserves help in cushioning domestic economy from external shocks, we must be mindful of the opportunity costs associated with them
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Forex reserves rise $3.087 bn to lifetime high of $608.08 bn
After declining in the previous week, the gold reserves rose by $496 million to $38.101 billion in the reporting week, according to the data
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Forex reserves cross $600 billion mark for first time
The reserves surged to a record $605.008 billion in the reporting week, helped by a rise in foreign currency assets
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Forex reserves surge $5.27 billion to lifetime high of $598.16 billion
While announcing the second bi-monthly monetary policy review, RBI Governor Shaktikanta Das said the country's forex reserves may have crossed $600 bi
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RBI MPC: India’s forex reserves may have exceeded $600 billion, says RBI Governor Shaktikanta Das
RBI has announced G-sec Acquisition Programme (G-SAP) 2.0 which will help in calming yields and control undue volatility faced by market participants
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Forex reserves hit lifetime high, rise $2.8 billion to $592.894 billion
Foreign currency assets, a major component of the overall reserves, swelled by $1.649 billion to $548.519 billion for the reporting week, the RBI said
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Forex reserves surge by $32.29 billion in six months, shows RBI report
Foreign currency assets, a major component of the overall reserves, increased to $536.693 billion as at March-end 2021 from $502.162 billion, the repo
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Forex reserves jump $1.193 billion to $582.406 billion
In the week ended April 16, 2021, the increase in reserves was mainly due to a rise in foreign currency assets (FCAs), a major component of the overal
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Foreign exchange reserves surge by $4.34 billion to $581.21 billion
In the previous week ended April 2, the reserves had dipped by $2.42 billion to $576.28 billion
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Anurag Thakur: With $590 billion forex reserves in kitty, India now ‘net creditor’
He said the country is witnessing a 'V' shaped recovery post COVID-19 pandemic, which is evident by the GST collection during the past four months
