FX Reserves, USD
economic
Updated: 2 Dec, 12:15 pm UTC
Deviation
2.8899999999999864%
Consensus
-
Previous
547.25%
Actual
550.14% Description
Source: India
The FX Reserves released by the Reserve Bank of India presents changes in the value of official reserve assets reflecting purchases and sales (including swaps) of foreign exchange by the Central Bank, earnings on foreign securities, and transactions with official institutions overseas. A high reading is is seen as positive (or bullish) for the Rupee, while a low reading is seen as negative (or Bearish).