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India FX Reserves (USD)

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India FX Reserves (USD)

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

 
Latest Release
Oct 04, 2024
Actual
704.89B
Previous
692.30B
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
Oct 18, 2024 19:30      
Oct 11, 2024 19:30     704.89B
Oct 04, 2024 19:30 704.89B   692.30B
Sep 27, 2024 19:30 692.30B   689.46B
Sep 20, 2024 19:30 689.46B   689.24B
Sep 13, 2024 19:30 689.24B   683.99B

FX Reserves, USD Discussion

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