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India FX Reserves (USD)

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India FX Reserves (USD)

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Latest Release
Apr 21, 2017
Actual
369.89B
Previous
369.00B
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
May 05, 2017 07:30     369.89B
Apr 21, 2017 07:30 369.89B   369.00B
Apr 14, 2017 07:30 369.00B   369.95B
Apr 07, 2017 07:30 369.95B   367.93B
Mar 31, 2017 07:30 367.93B   366.78B
Mar 24, 2017 07:30 366.78B   364.11B

FX Reserves, USD Discussion

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All Comments (3)
Saravanan Visva
Saravanan Visva Dec 19, 2014 9:28AM GMT
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what will happen?.
Súñìl Halladamal
Súñìl Halladamal Jul 04, 2014 10:11AM GMT
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Buy EURINR
Currency (16 positions possible)
Currency (16 positions possible) Jun 06, 2014 11:36AM GMT
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Strongly bullish for INR.
 
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