India Foreign Exchange Reserves (USD)

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India FX Reserves (USD)

Latest Release

Nov 15, 2024

Actual

675.65B

682.13B

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

Release Date	Time	Actual	Previous
Nov 22, 2024	19:30		675.65B
Nov 15, 2024	19:30	675.65B	682.13B
Nov 08, 2024	19:30	682.13B	684.81B
Nov 01, 2024	19:30	684.81B	688.27B
Oct 25, 2024	19:30	688.27B	690.43B
Oct 18, 2024	19:30	690.43B	701.18B

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