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India FX Reserves (USD)

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India FX Reserves (USD)

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Latest Release
Nov 17, 2017
Actual
399.29B
Previous
398.74B
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 24, 2017 06:30     399.29B
Nov 17, 2017 06:30 399.29B   398.74B
Nov 10, 2017 06:30 398.74B   398.76B
Nov 03, 2017 06:30 398.76B   399.92B
Oct 27, 2017 06:30 399.92B   400.30B
Oct 20, 2017 06:30 400.30B   398.79B

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FX Reserves, USD Discussion

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All Comments (4)
Ghoda Sandrokottos
Ghoda Sandrokottos Jun 10, 2017 5:40PM GMT
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Readymade reserves for next government to enjoy !
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Saravanan Visva
Saravanan Visva Dec 19, 2014 9:28AM GMT
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what will happen?.
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Súñìl Halladamal
Súñìl Halladamal Jul 04, 2014 10:11AM GMT
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Buy EURINR
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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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