India FX Reserves (USD)

INR
Actual
590.70B
Previous
593.04B
Latest Release
Sep 29, 2023
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
Sep 29, 2023 17:00 590.70B -
593.04B
Sep 22, 2023 17:50 593.04B -
593.90B
Sep 15, 2023 17:00 593.90B -
598.90B
Sep 08, 2023 17:00 598.90B -
594.86B
Sep 01, 2023 18:30 594.86B 590.18B
594.89B
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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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