ForexReserves Archives - Universal Group Of Institutions
India's No.1 PU & Degree With Integrated IAS & IPS(UPSC/PSC) Training College.

*** Admissions are open for 2025-26. Courses offered - PUC (Commerce & Arts), BSc (Environmental Science), BA, B.Com, MA ***

Tag

img
15Feb 2025

India’s Forex Reserves Cross $638 Billion, Rise Continues

Why in the news? India’s forex reserves surged by $7.65 billion, reaching $638.26 billion as of February 7, marking the third consecutive week of growth. The increase was driven by foreign currency assets and gold reserves, while SDRs saw a slight decline. Significant Growth in Forex Reserves India’s foreign exchange reserves rose by $7.65 billion, …

Read More
07Dec 2024

India’s Forex Reserves Rise to $658.1 Billion

Why in the news? India’s forex reserves increased by $1.5 billion to $658.1 billion after an eight-week decline, driven by RBI interventions and fluctuating foreign portfolio investments, enhancing economic stability. Forex Reserves Surge After Eight-Week Decline: India’s foreign exchange reserves increased by $1.5 billion, reaching $658.1 billion. The surge follows an eight-week decline in reserves, …

Read More
19Oct 2024

India’s Forex Reserves Surpass $700 Billion Milestone

Why in the news? Commerce Minister Piyush Goyal announced India’s forex reserves exceeding $700 billion, highlighting the nation’s economic growth and commitment to sustainable practices during the SHRM India Annual Conference 2024.  About India’s Economic Growth and Forex Reserves: Ministerial Announcement: Commerce and Industry Minister Piyush Goyal announced that India’s foreign exchange reserves have exceeded …

Read More