Forex kitty continues to rise, scales new high at $341.4 billion

Last Updated: Friday, April 3, 2015, 21:26

The foreign exchange reserves continued their upward momentum and scaled a new life time high at USD 341.378 billion, rising by USD 1.386 billion for the week ended March 27, the Reserve Bank data showed Friday.

Forex reserves hit new high at over USD 338 bn

Last Updated: Sunday, March 8, 2015, 11:54

Foreign exchange reserves rallied to a new life-time high at USD 338.079 billion, an increase of USD 3.886 billion in the week to February 27, on account of higher foreign currency assets.

India's forex reserves down $97.9 million to $322 billion

Last Updated: Friday, January 30, 2015, 22:59

Special drawing rights decreased by USD 61.4 million to USD 4.047 billion.

Forex reserves hit all-time high at $322.14 billion

Last Updated: Friday, January 23, 2015, 18:35

India's foreign exchange reserves jumped by a massive USD 2.66 billion to touch all-time high of USD 322.135 billion in the week ended January 16, on account of surge in foreign currency assets, RBI said Friday.

RBI against broad-basing CRR to include forex, gold

Last Updated: Tuesday, January 13, 2015, 15:38

The RBI is against broad-basing CRR, the portion of total bank deposits kept with the Reserve Bank, to include forex and gold reserves as it would entail an additional burden on the lenders.

Forex reserves stand at nearly $320 billion

Last Updated: Friday, December 26, 2014, 19:12

India's foreign exchange reserves in the week to December 19 surged by a whopping USD 3.163 billion to USD 319.997 billion on the back of a massive jump in foreign currency assets.

India forex reserves up $1.432 billion to $316.311 billion

Last Updated: Friday, December 5, 2014, 21:11

The country's reserves surged by USD 1.432 billion to USD 316.311 billion in the week to November 28 due to rise in foreign currency assets, RBI data showed Friday.

Proposal on gold reserves rejected in Swiss referendum

Last Updated: Monday, December 1, 2014, 09:10

Swiss voters on Sunday flatly rejected in a referendum a proposal stipulating the central bank in Switzerland to increase its gold reserves.

Gold tumbles after Swiss referendum, oil hits 5-year low

Last Updated: Monday, December 1, 2014, 08:16

Gold prices tumbled on Monday after Swiss voters overwhelmingly rejected proposals to boost gold reserves in a referendum, joining the broad rout in commodities that sent oil prices to five-year lows and copper to four-year lows.

Swiss voters reject gold, immigration proposals, salvaging EU ties

Last Updated: Monday, December 1, 2014, 00:36

Swiss voters overwhelmingly rejected proposals on Sunday to boost gold reserves and impose strict new curbs on immigration, averting a potential nightmare for policymakers struggling with a popular backlash against the country`s open borders.