The Reserve Bank of India has today released the 20th half-yearly report on management of foreign exchange reserves with reference to March 2013. It may be recalled that in February 2004, the Reserve Bank had commenced a process of compiling half yearly reports and placing them in the domain for bringing about more transparency and also for… Read More
Tags: Central bank, Current account, Foreign Exchange Reserves, India, Reserve Bank, Reserve Bank of India, Run batted in, United States dollar
Earlier today, the Reserve Bank of India released the Balance of Payments (BoP) data for 2012-13 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during 2012-13 have been compiled. Sources of Variation in Foreign Exchange Reserves: 2012-13 During 2012-13, there was a decline in the… Read More
Tags: Balance of payments, Current account, External Commercial Borrowing, foreign direct investment, Foreign Exchange Reserves, India, Reserve Bank of India, Trade Credit
The Reserve Bank of India today released the June 2013 issue of its monthly Bulletin. The Bulletin includes five special articles: (i) Union Budget 2013-14: An Assessment; (ii) Developments in India's Balance of Payments during Third Quarter (October-December) of 2012-13; (iii) Inflation Expectations Survey of Households: 2012-13; (iv) Finances of Non-Government Non-Financial Public Limited Companies: 2011-12 and… Read More
Tags: Balance of payments, Current account, finance, Foreign Exchange Reserves, GDP, Gross domestic product, India, Reserve Bank of India
The total foreign exchange reserves (comprising foreign currency assets, gold, special drawing rights and reserve tranche position in IMF) was US$ 304.8 billion at end-March 2011, US$ 294.4 billion at end-March 2012 and US$ 292.0 billion at end-March 2013. In the current fiscal, reserves stood at US$ 295.2 billion as on April 12, 2013. The… Read More
Tags: Currency, Foreign Exchange Reserves, Gold reserve, International Monetary Fund, Reserve Bank of India, Special drawing rights, United States dollar
Earlier today, the Reserve Bank of India released the Balance of Payments (BoP) data for Q3 of 2012-13 (October-December 2012) on its website . On the basis of these data, the sources of variation in foreign exchange reserves during April-December 2012 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-December 2012 During April-December… Read More
Tags: Balance of payments, Current account, Financial services, foreign direct investment, Foreign Exchange Reserves, India, Reserve Bank of India, Special drawing rights