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India FX Reserves (USD)

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India FX Reserves (USD)

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Latest Release
Nov 15, 2024
Actual
675.65B
Previous
682.13B
International reserves are used to settle balance of payments deficits between countries. International reserves are made up of foreign currency assets, gold, holdings of SDRs and reserve position in the IMF.Usually includes foreign currencies themselves, other assets denominated in foreign currencies, and particular amount of special drawing rights (SDRs). A foreign exchange reserve is a useful precaution for countries exposed to financial crises. It can be used for the purpose of intervening in the exchange market to influence or peg the exchange rate.
A higher than expected reading should be taken as positive/bullish for the INR , while a lower than expected reading should be taken as negative/bearish for the INR.
Importance:
Country:
Currency: INR
Source: Reserve Bank of India
India FX Reserves (USD)
 
Release Date Time Actual Forecast Previous
Nov 22, 2024 06:30     675.65B
Nov 15, 2024 06:30 675.65B   682.13B
Nov 08, 2024 06:30 682.13B   684.81B
Nov 01, 2024 06:30 684.81B   688.27B
Oct 25, 2024 06:30 688.27B   690.43B
Oct 18, 2024 06:30 690.43B   701.18B

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FX Reserves, USD Discussion

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All Comments (10)
Narendra Bumb
Narendra Bumb May 24, 2024 8:52PM ET
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Forex reserves eyeing $650 billion.
Trade Beat
Trade Beat Apr 08, 2022 12:44PM ET
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nexe week Forex  Reserves 587 Billion
Ashikue Rahman
Ashikue Rahman Feb 18, 2022 8:56AM ET
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What happened on 22 Des 2015?
Ghoda Sandrokottos
Ghoda Sandrokottos Sep 10, 2021 2:18PM ET
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$642.45 Billion in Forex  Reserves is like dream figure. It looks like, soon it may cross $ 1 Trillion
Ghoda Sandrokottos
Ghoda Sandrokottos Nov 20, 2020 11:35AM ET
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$ 572,770 million ! Wow !
Ghoda Sandrokottos
Ghoda Sandrokottos Jun 12, 2020 2:47PM ET
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Thirty year ride from $ 800 Million to $ 501,700 Million ! Still long way to go !
Ghoda Sandrokottos
Ghoda Sandrokottos Jun 10, 2017 1:40PM ET
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Readymade reserves for next government to enjoy !
Saravanan Visva
Saravanan Visva Dec 19, 2014 4:28AM ET
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what will happen?.
Súñìl Halladamal
Súñìl Halladamal Jul 04, 2014 6:11AM ET
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Buy EURINR
Currency (16 positions possible)
Currency (16 positions possible) Jun 06, 2014 7:36AM ET
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Strongly bullish for INR.
 
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