India's foreign exchange reserves (Forex) fell USD 2.06 billion to USD 686.06 billion in the week that ended on May 2, after extending gains for the eighth straight week, official data released by the Reserve Bank of India (RBI) this week showed.
A persistent increase in tensions between India and Pakistan is expected to impair Pakistan's access to external financing and pressure its foreign-exchange reserves, according to Moody's.
India's foreign exchange reserves (Forex) rose by USD 1.983 billion to USD 688.129 billion in the week that ended on April 25, extending gains for the eighth straight week, official data released by the Reserve Bank of India (RBI) this week showed.
India's foreign exchange reserves rose USD 8.310 billion to USD 686.145 billion in the week that ended on April 18, extending gains for the seventh straight week, official data released by the Reserve Bank of India (RBI) this week showed.
India's foreign exchange reserves (Forex) rose USD USD 1.567 billion to USD 677.835 billion in the week that ended on April 4, extending gains for the sixth straight week, showed the official data released by Reserve Bank of India (RBI).
India's foreign exchange reserves rose USD 10.872 billion to USD 67.626 billion in the week that ended on April 4, extending gains for the fifth straight week, official data released by RBI showed.
India's foreign exchange reserves rose USD 4.529 billion to USD 658.800 billion in the week that ended on March 21, extending gains for the third straight week, official data released by RBI showed.
The Maldives is grappling with a mounting debt crisis that threatens its economic sovereignty, as foreign exchange reserves dwindle to precarious levels while substantial debt repayments loom.
Foreign exchange reserves, or FX reserves, are assets held by a nation's central bank or monetary authority, primarily in reserve currencies such as the US Dollar, with smaller portions in the Euro, Japanese Yen, and Pound Sterling.