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

The Reserve Bank of India has today released the 33rd half yearly report on management of foreign exchange reserves with reference to end- September 2019. The position of foreign exchange reserves as on December 06, 2019 is as under: US $ Billion Foreign Exchange Reserves (i+ii+iii+iv) 453.4 i. Foreign Currency Assets (FCA) 421.3 ii. Gold 27.1 iii. Special Drawing Rights (SDR) 1.4 iv. Reserve Tranche Position (RTP) 3.6 It may be recalled that in February 2004, the Res

The Reserve Bank of India has today released the 32nd half yearly report on management of foreign exchange reserves with reference to end-March 2019. The position of foreign exchange reserves as on May 10, 2019 is as under: US $ Billion Foreign Exchange Reserves (i+ii+iii+iv) 420.0 i. Foreign Currency Assets (FCA) 392.2 ii. Gold 23.0 iii. Special Drawing Rights (SDR) 1.4 iv. Reserve Tranche Position (RTP) 3.3 It may be recalled that in February 2004, the Reserve Bank

The Reserve Bank of India has today released the 31st half yearly report on management of foreign exchange reserves with reference to end-September 2018. The position of foreign exchange reserves as on November 16, 2018 is as under: US $ Billion Foreign Exchange Reserves (i+ii+iii+iv) 393.6 i. Foreign Currency Assets (FCA) 368.5 ii. Gold 21.0 iii. Special Drawing Rights (SDR) 1.4 iv. Reserve Tranche Position (RTP) 2.6 It may be recalled that in February 2004, the Rese

The Reserve Bank of India has today released the 30th half yearly report on management of foreign exchange reserves with reference to end-March 2018. The position of foreign exchange reserves as on June 29, 2018 is as under: US $ Billion Foreign Exchange Reserves (i+ii+iii+iv) 406.1 i. Foreign Currency Assets (FCA) 380.7 ii. Gold 21.4 iii. Special Drawing Rights (SDR) 1.5 iv. Reserve Tranche Position (RTP) 2.5 It may be recalled that in February 2004, the Reserve Bank