Tag: forex

India’s Forex Reserves Rebound by $2.7 Billion to $698.2 Billion After Three Weeks of Decline

The latest increase was primarily driven by a USD 1.316 billion jump in foreign currency assets, the largest component of the reserves, which stood at USD 588.926 billion.

August 3, 2025

India’s forex reserves dip $3.06 bn to $696.67 bn, second straight weekly decline

In the previous reporting week of July 4, the country's forex reserves witnessed a slip of USD 3.049 billion to USD 699.736 billion.

July 20, 2025

India Slashes Coal Imports by Over 9% in FY25, Saves Nearly $7 Billion in Forex

The most notable drop occurred in the Non-Regulated Sector, where imports declined by 15.3% year-on-year, reflecting the impact of strategic efforts to reduce dependence on foreign coal.

May 14, 2025

India’s forex reserves decline USD 2 billion and come off record highs

Preceding those three weeks, the forex kitty had seen three consecutive weeks of decline.

June 2, 2024