The Reserve Bank of India has today released the 40th half-yearly report on management of foreign exchange reserves with reference to end-March 2023. The position of foreign exchange reserves as on April 28, 2023 is as under: US $ Billion Foreign Exchange Reserves (i+ii+iii+iv) 588.78 i. Foreign Currency Assets (FCA) 519.48 ii. Gold 45.66 iii. Special Drawing Rights (SDRs) 18.47 iv. Reserve Tranche Position (RTP) 5.17 * Difference, if any, is due to rounding-off. It m

The Reserve Bank of India (RBI) has signed a Currency Swap Agreement with the Maldives Monetary Authority (MMA) under the SAARC Currency Swap Framework. This is to provide swap support as a backstop line of funding for short term foreign exchange liquidity requirements. This agreement will enable the MMA to make drawals in multiple tranches up to a maximum of USD 200 million from the RBI. (Yogesh Dayal) Chief General Manager Press Release: 2022-2023/1330

The Reserve Bank of India has today released the 39th half-yearly report on management of foreign exchange reserves with reference to end-September 2022. The position of foreign exchange reserves as on October 21, 2022 is as under: US $ Billion Foreign Exchange Reserves (i+ii+iii+iv) 524.52 i. Foreign Currency Assets (FCA) 465.07 ii. Gold 37.21 iii. Special Drawing Rights (SDRs) 17.44 iv. Reserve Tranche Position (RTP) 4.80 * Difference, if any, is due to rounding-off

The Reserve Bank of India has today released the 38th half-yearly report on management of foreign exchange reserves with reference to end-March 2022. The position of foreign exchange reserves as on April 29, 2022 is as under: US $ Billion Foreign Exchange Reserves (i+ii+iii+iv) 597.73 i) Foreign Currency Assets (FCA) 532.82 ii) Gold 41.60 iii) Special Drawing Rights (SDRs) 18.30 iv) Reserve Tranche Position (RTP) 5.00 *Difference, if any, is due to rounding-off. It ma

Japan and India renewed the Bilateral Swap Arrangement (BSA) effective today (Feb. 28, 2022). The Bank of Japan, acting as agent for the Minister of Finance of Japan, and the Reserve Bank of India signed the Amendment and Restatement Agreement of the BSA. The BSA is a two-way arrangement where both authorities can swap their local currencies in exchange for the US Dollar. The size of the BSA remains unchanged, that is, up to 75 billion US Dollars. Japan and India beli

The Reserve Bank of India has today released the 37th half-yearly report on management of foreign exchange reserves with reference to end-September 2021. The position of foreign exchange reserves as on October 15, 2021 is as under: US $ Billion Foreign Exchange Reserves (i+ii+iii+iv) 641.01 i. Foreign Currency Assets (FCA) 577.95 ii. Gold 38.58 iii. Special Drawing Rights (SDRs) 19.25 iv. Reserve Tranche Position (RTP) 5.23 * Difference, if any, is due to rounding-off

International Monetary Fund (IMF) has made an allocation of Special Drawing Rights (SDR) 12.57 billion (equivalent to around USD 17.86 billion at the latest exchange rate) to India on August 23, 2021. The total SDR holdings of India now stands at SDR 13.66 billion (equivalent to around USD 19.41 billion at the latest exchange rate) as on August 23, 2021. This increase in SDR holdings will be reflected in the Foreign Exchange Reserves (FER) data that shall be published

The Reserve Bank of India has today released the 36th half-yearly report on management of foreign exchange reserves with reference to end-March 2021. The position of foreign exchange reserves as on April 30, 2021 is as under: US $ Billion Foreign Exchange Reserves (i+ii+iii+iv) 588.0 i. Foreign Currency Assets (FCA) 546.1 ii. Gold 35.5 iii. Special Drawing Rights (SDR) 1.5 iv. Reserve Tranche Position (RTP) 5.0 * Difference, if any, is due to rounding-off. It may be r

The Reserve Bank of India has today released the 35th half yearly report on management of foreign exchange reserves with reference to end-September 2020. The position of foreign exchange reserves as on November 27, 2020 is as under: US $ Billion Foreign Exchange Reserves (i+ii+iii+iv) 574.8 i. Foreign Currency Assets (FCA) 533.5 ii. Gold 35.2 iii. Special Drawing Rights (SDR) 1.5 iv. Reserve Tranche Position (RTP) 4.7 * Difference, if any, is due to rounding-off. It m

The Reserve Bank of India has today released the 34th half yearly report on management of foreign exchange reserves with reference to end-March 2020. The position of foreign exchange reserves as on April 24, 2020 is as under: US $ Billion Foreign Exchange Reserves (i+ii+iii+iv) 479.5 i. Foreign Currency Assets (FCA) 441.6 ii. Gold 32.9 iii. Special Drawing Rights (SDR) 1.4 iv. Reserve Tranche Position (RTP) 3.6 It may be recalled that in February 2004, the Reserve Ban