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India FX Reserves (USD)

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India FX Reserves (USD)

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Status

 
Latest Release
Jul 01, 2022
Actual
593.32B
Previous
590.59B
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
Jul 08, 2022 07:30     590.59B
Jul 01, 2022 07:30 593.32B   590.59B
Jun 24, 2022 07:30 590.59B   596.46B
Jun 17, 2022 07:30 596.46B   601.06B
Jun 10, 2022 07:30 601.06B   601.36B
Jun 03, 2022 07:30 601.36B   597.51B

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FX Reserves, USD Discussion

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All Comments (9)
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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