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India FX Reserves (USD)

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India FX Reserves (USD)

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Status

 
Latest Release
Apr 20, 2018
Actual
426.08B
Previous
424.86B
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
Apr 27, 2018 07:30      
Apr 20, 2018 07:30 426.08B   424.86B
Apr 13, 2018 07:30 424.86B   424.36B
Apr 06, 2018 07:30 424.36B   422.53B
Mar 30, 2018 07:30 422.53B   421.33B
Mar 23, 2018 07:30 421.33B   421.49B

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FX Reserves, USD Discussion

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All Comments (4)
Ghoda Sandrokottos
Ghoda Sandrokottos Jun 10, 2017 1:40PM ET
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Readymade reserves for next government to enjoy !
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Saravanan Visva
Saravanan Visva Dec 19, 2014 4:28AM ET
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what will happen?.
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Súñìl Halladamal
Súñìl Halladamal Jul 04, 2014 6:11AM ET
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Buy EURINR
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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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