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India FX Reserves (USD)

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India FX Reserves (USD)

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Status

 
Latest Release
Apr 19, 2024
Actual
643.16B
Previous
648.56B
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 26, 2024 07:30     643.16B
Apr 19, 2024 07:30 643.16B   648.56B
Apr 12, 2024 07:30 648.56B   645.58B
Apr 05, 2024 07:30 645.58B   642.63B
Mar 29, 2024 07:30 642.63B   642.49B
Mar 22, 2024 07:30 642.49B   636.10B

News

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Investing.com - The yen gained on expected safe-haven demand on Friday after North Korea fired what was said to be an intermediate range ballistic missile over Japan's northern Hokkaido island and...

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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