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India FX Reserves (USD)

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India FX Reserves (USD)

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

 
Latest Release
Jan 11, 2019
Actual
396.08B
Previous
393.40B
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.
Importance:
Country:
Currency: INR
Source: Reserve Bank of India
India FX Reserves (USD)
 
Release Date Time Actual Forecast Previous
Jan 18, 2019 11:30     396.08B
Jan 11, 2019 11:30 396.08B   393.40B
Jan 04, 2019 11:30 393.40B   393.29B
Dec 28, 2018 11:30 393.29B   393.12B
Dec 21, 2018 11:30 393.12B   393.73B
Dec 14, 2018 11:30 393.73B   393.72B

FX Reserves, USD Discussion

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