India FX Reserves (USD)

INR
Actual
593.32B
Previous
590.59B
Latest Release
Jul 01, 2022
Importance
Overview
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Jul 01, 2022 17:00 593.32B -
590.59B
Jun 24, 2022 17:00 590.59B -
596.46B
Jun 17, 2022 17:00 596.46B -
601.06B
Jun 10, 2022 17:00 601.06B -
601.36B
Jun 03, 2022 17:00 601.36B -
597.51B
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  • pradeep veeramachaneni @pradeep veeramachaneni
    dollor may come down on monday with this data?
    Like 4
    • Vivek Khurana @Vivek Khurana
      Like 0
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