The RBI likely bought about $9 billion in the forex market in the four weeks ended May 29, according to Bloomberg Economics, pushing up reserves to a record $493.5 billion."The rupee is unable to do it, in spite of the surge in capital inflows, due to the dollar buying spree from the central bank," said Anindya Banerjee, currency strategist at Kotak Securities Ltd. After record high, forex reserves decline $3 bn to $542 bn: RBI data Forex reserves surge to $537.548 bn, gold reserves down at $37.26 bn Forex reserves up by $3.378 bn to lifetime high of $545.038 bn: RBI India's forex reserves climb $ 3.1 bn to record high of $516.362 bn Forex reserves hit an all-time high of $534.5 bn in week ended July 31 Read more about Forex reserves rise by $5.867 billion to lifetime high of $551.5 billion on Business Standard. The country's foreign exchange reserves surged by $5.867 billion to touch a record high of $551.5 billion in the week to October 9, according to the RBI data Related links. Exchange rate: Inflation: Interest rate: Money supply: Monetary survey: Bank credit & deposit Read more about India's forex reserves near $500 bn, but RBI won't let rupee rise: Experts on Business Standard. Analysts say the central bank is enhancing reserves to guard against a likely downgrade in India's credit rating or to ensure a bigger transfer of surplus to the revenue-starved government India's foreign exchange (Forex) reserves have crossed the 500 billion US dollars mark for the first time, said the central bank - the Reserve Bank of India's (RBI) latest weekly statistical data. The Forex reserves registered a massive surge of 8.22 billion US dollars during the week ended June 5, which was mainly attributed to higher foreign inflows. According to the RBI's weekly statistical ... The recent policy statements of the RBI have repeatedly emphasised the importance of financial stability in monetary policy making, while stress on financial openness led to jump in forex reserves ...
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Bangladesh has more than $40 Billions USD forex reserved that is enough for 10 months. A standard of any country of forex reserved should be for 3 months but... Bangladesh's Forex Reserve Cross $34 Billion. Loading... Advertisement Autoplay When autoplay is enabled, a suggested video will automatically play next. Up next Why Does China Have Large Foreign ... #Bangladesh's foreign reserves have crossed 40 billion dollar mark. International standard is to have at least 3 months Forex reserve where as Bangladesh's #... Bangladesh forex reserves reach its Historic high at 41.03 Billion USD Bangladesh Forex Reserve crossed $41 Billion Hey guyz....our new video is out ....we talked about a very interesting and important thing about economy..so pls watch our video till end ,,,like,share our ... Bangladesh: Formal proposal by govt mooted to use Forex reserve part for development