← Back to News
Forex kitty grows $6 billion as dollar count rises

Forex kitty grows $6 billion as dollar count rises

Forex kitty grows $6 billion as dollar count rises - The Economic Times Benchmarks Nifty24,383.6066.45FEATURED

FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return22.83 % Invest NowEnter search text:English

EditionEnglish

Editionहिन्दीગુજરાતીमराठीবাংলাಕನ್ನಡമലയാളംதமிழ்తెలుగు

| Today's ePaper My Watchlist SubscribeSign InHomeETPrimeMarketsMarket

DataMasterclassNewsIndustrySMEPoliticsWealthMFTechAICareersOpinionNRIPanacheMore MenuStocksNewsLive BlogStock Live

BlogEarningsPodcastMarket ClassroomDons of Dalal StreetRecosStock Reports PlusNewMy ScreenerCandlestick ScreenerStock

ScreenerStock WatchMarket CalendarStock Price QuotesIPOs/FPOsCommoditiesViewsNewsOthersMentha OilPrecious MetalsGold

MGoldSilverGold PetalSilver MicroSilver MGold GuineaSpicesCardamomOil & EnergyNatural GasCrude OilCrude Oil MiniBase

MetalsAluminiumZinc MiniLead MiniCopperZincNickelAluminium MiniLeadPlantationKapasCottonUS StocksWall St

GuideNewsForexForex NewsCurrency ConverterBondsInvestment IdeasCryptoCrypto NewsCrypto TVCrypto PricesLive Stream!Mind

Over MoneyOptionsMoreExpert ViewsAIF PMSDigital Real EstateRealty NewsTechnicalsTechnical ChartVisualizeScreenerWeb

StoriesMarkets DataThe Golden Thumb RuleUnlisted CompaniesMarket MogulsWebinarsSitemapDefinitionsBusiness

News›Markets›Forex›Forex News›Forex kitty grows $6 billion as dollar count rises IDFC First

Bank Share PriceFederal Bank Share PriceIndusInd Bank Share PriceYES Bank Share PriceRBL Bank Share PriceThe Economic

Times daily newspaper is available online now. Read Today's Paper Forex kitty grows $6 billion as dollar count

risesSECTIONSForex kitty grows $6 billion as dollar count risesET BureauLast Updated: Aug 01, 2026, 07:34:00 AM ISTRate

StoryFollow usShareFont SizeAbcSmallAbcMediumAbcLargeSavePrintCommentSynopsisIndia's foreign exchange reserves saw a

significant rise of $6.1 billion. This increase occurred in the week ending July 24, reaching $682.3 billion. Inflows

from the RBI's FCNR(B) deposit scheme contributed to this growth. Gold reserves also experienced an increase of $1.3

billion. Despite dollar sales, reserves grew due to these incoming funds.At current levels, total reserves have declined

from their peak of $728 billion earlier this year. Mumbai: India's foreign exchange reserves increased by $6.1 billion

to $682.3 billion in the week ended July 24, as inflows from the Reserve Bank of India's FCNR(B) deposit scheme started

to trickle in.Foreign currency assets increased by $4.8 billion to $555.9 billion in the previous week. This increase is

despite the central bank heavily selling dollars in the foreign exchange market last week to contain the rupee's fall.

The currency had closed at 96.56 on July 24, very close to its record low of 96.96 as oil prices traded above $100 per

barrel."The pick-up in reserves is likely due to the inflows seen via FCNR(B) deposits, which could have countered the

dollar sales seen in the foreign exchange market last week," said Gaura Sengupta, chief economist at IDFC First

Bank.Traders estimate that the RBI may have sold approximately $1 billion-$1.5 billion last week in the foreign exchange

market to defend the rupee from weakening past its record lows.Gold reserves rose $1.3 billion to $103 billion in the

previous week.Live EventsRBI Governor Sanjay Malhotra, in a media interview earlier this week, said that the country has

received inflows of $32 billion under the various schemes announced by the government and the RBI.At current levels,

total reserves have declined from their peak of $728 billion earlier this year.Add as a Reliable and Trusted News Source

Add Now! (You can now subscribe to our ETMarkets WhatsApp channel)Read More News onIndia foreign exchange reservesRBI

FCNR(B) deposit schemecurrent account deficit IndiaRBI dollar salesIndia forex marketgold reserves increaseidfc first

bank(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and

expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets,

investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic

Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share

Price, Infosys Share Price, Wipro Share Price, NTPC Share Price...moreless(You can now subscribe to our ETMarkets

WhatsApp channel)Read More News onIndia foreign exchange reservesRBI FCNR(B) deposit schemecurrent account deficit

IndiaRBI dollar salesIndia forex marketgold reserves increaseidfc first bank(What's moving Sensex and Nifty Track latest

market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com

is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to

our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending

Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC

Share Price...morelessPrime ExclusivesInvestment IdeasStock Report PlusePaperWealth EditionWho did India’s ethanol

boom actually benefit?Is Bitcoin finally becoming digital gold equivalent?As Cult.fit prepares for IPO, questions on

balance sheet health weighFrom gym shelves to kitchens, India's whey protein boom hits price pinch“Shortchanged ahead

of IPO”, ex-Juniper CEO seeks INR365-cr compensation123View all StoriesMost Searched StocksIRFC Share

Price89.15-32.5%03:59 PM | 31 Jul 20260.24(0.26%) Upside Suzlon Energy Share Price48.0131.2%03:59 PM | 31 Jul

20260.61(1.29%) Upside IREDA Share Price119.5950.2%03:59 PM | 31 Jul 2026-0.29(-0.25%) Upside Tata Motors PV Share

Price339.7510.7%03:59 PM | 31 Jul 20265.56(1.67%) Upside YES Bank Share Price22.77-7.6%03:59 PM | 31 Jul 20260.24(1.03%)

Upside HDFC Bank Share Price748.1536.9%03:59 PM | 31 Jul 2026-5.81(-0.77%) Upside NHPC Share Price78.7316.2%03:59 PM |

31 Jul 20260.67(0.85%) Upside RVNL Share Price225.4811.9%03:59 PM | 31 Jul 20262.6(1.17%) Upside SBI Share

Price1027.417.5%03:59 PM | 31 Jul 20262.11(0.21%) Upside Tata Power Share Price380.712.7%03:59 PM | 31 Jul

20264.75(1.27%) Upside Tata Steel Share Price189.6920.8%03:59 PM | 31 Jul 20262.78(1.49%) Upside Adani Power Share

Price211.3121.6%03:59 PM | 31 Jul 20262.35(1.12%) Upside PayTM Share Price1343.011.6%03:59 PM | 31 Jul 202610.5(0.79%)

Upside PNB Share Price112.718.9%03:59 PM | 31 Jul 20261.07(0.96%) Upside Eternal Share Price302.4515.4%03:59 PM | 31 Jul

2026-8.2(-2.64%) Upside BEL Share Price387.8527.0%03:59 PM | 31 Jul 20262.96(0.77%) Upside BHEL Share

Price407.0-1.8%03:59 PM | 31 Jul 20264.0(1.0%) Upside Infosys Share Price1130.14.0%03:59 PM | 31 Jul 2026-25.0(-2.17%)

Upside IRCTC Share Price489.834.4%03:59 PM | 31 Jul 2026-3.35(-0.68%) Upside ITC Share Price281.022.7%03:59 PM | 31 Jul

2026-4.06(-1.43%) Upside Jio Financial Services Share Price256.4624.1%03:59 PM | 31 Jul 20269.51(3.86%) Upside LIC Share

Price424.726.5%03:56 PM | 31 Jul 20261.85(0.44%) Upside RIL Share Price1307.830.6%03:59 PM | 31 Jul 202614.9(1.16%)

Upside HAL Share Price4646.513.9%03:59 PM | 31 Jul 202665.11(1.43%) Upside JP Power Share Price18.29null%03:59 PM | 31

Jul 20260.97(5.61%) Upside NBCC Share Price94.847.5%03:59 PM | 31 Jul 20261.24(1.32%) Upside TCS Share

Price2365.6-1.3%03:59 PM | 31 Jul 2026-66.21(-2.73%) Upside Vedanta Share Price264.2518.2%03:59 PM | 31 Jul

2026-3.25(-1.22%) Upside Wipro Share Price183.65-5.4%03:59 PM | 31 Jul 2026-2.69(-1.44%) Upside Indian Oil Corp. Share

Price140.1712.9%03:59 PM | 31 Jul 20260.23(0.17%) Upside Ircon Intl. Share Price125.9910.2%03:59 PM | 31 Jul

20260.36(0.29%) Upside SAIL Share Price169.032.3%03:59 PM | 31 Jul 2026-0.03(-0.02%) Upside SJVN Share

Price68.6225.3%03:58 PM | 31 Jul 20260.18(0.25%) Upside GAIL Share Price181.447.3%03:59 PM | 31 Jul 20267.81(4.5%)

Upside HUDCO Share Price195.125.3%03:58 PM | 31 Jul 2026-2.02(-1.02%) Upside REC Share Price372.9520.5%03:59 PM | 31 Jul

2026-1.95(-0.53%) Upside Reliance Power Share Price23.41null%03:59 PM | 31 Jul 20260.09(0.35%) Upside Tata Technologies

Share Price747.65-11.6%03:59 PM | 31 Jul 2026-3.71(-0.5%) Upside Vodafone Idea Share Price13.01-11.2%03:59 PM | 31 Jul

20260.15(1.09%) Upside Adani Ent. Share Price3009.511.3%03:59 PM | 31 Jul 2026-39.6(-1.3%) Upside Adani Green Share

Price1383.025.2%03:58 PM | 31 Jul 202624.3(1.79%) Upside Adani Ports SEZ Share Price1696.518.8%03:59 PM | 31 Jul

202632.41(1.95%) Upside Ashok Leyland Share Price166.1811.6%03:59 PM | 31 Jul 20268.1(5.12%) Upside Bank of Baroda Share

Price242.622.0%03:59 PM | 31 Jul 20260.95(0.4%) Upside BSE Share Price3646.219.6%03:59 PM | 31 Jul 2026115.9(3.29%)

Upside Canara Bank Share Price124.9820.4%03:59 PM | 31 Jul 20260.71(0.57%) Upside CDSL Share Price1333.0-4.1%03:59 PM |

31 Jul 2026-3.41(-0.26%) Upside Coal India Ltd Share Price414.1510.7%03:59 PM | 31 Jul 2026-3.06(-0.74%) Upside HFCL

Share Price193.92null%03:59 PM | 31 Jul 20269.23(5.0%) Upside IDFC First Bank Share Price84.683.7%03:59 PM | 31 Jul

2026-0.08(-0.1%) Upside Load more..Discover the stocks with maximum upside potential based on the key investment

themes.* Investments in securities are subject to market risks. These are indicative and should not be interpreted as

investment advice or guaranteed returns.Latest from ETZero-cost EMIs making phones costlier. A new message reveals howIn

focus shift, India Inc tweaks AI hiring rulesDelhi Brics meet might stage a historic handshakeTrending in MarketsStock

Market LIVE UpdatesTata Motors Share PriceGlottis IPO GMP TodayAtlanta Electricals IPO GMP TodayGK Energy IPO GMP

TodaySaatvik Green Energy IPO GMPSolarworld Energy Solutions IPO GMPAnand Rathi IPO GMPEnter search

text:BrowseCompanies:ABCDEFGHIJKLMNOPQRSTUVWXYZ123456789Hot on WebMOREHoroscope Today, 1 August, 2026Horoscope Tomorrow,

1 August, 2026Sensex Nifty 50 LIVE UpdatesIndo-MIM Share Price Live UpdatesDharmendra Pradhan ResignEducation Minister

resignation letterITR Deadline ExtensionTH Plus Personalised Diet PlansThe Free Stock & Business Valuation

WorkshopSensex Live UpdatesHDFC Bank Share PriceVikram-1 Launch Live UpdatesVaranasi movieAbhijeet Dipke begins hunger

strikeSonam Wangchuk HospitalizedNEET UG 2026 Toppers ListNEET Result 2026 declaredIn Case you missed itMORESbi Funds

Management Share Price Live UpdatesManba Finance IPOHDB Financial Services IPOCochin Shipyard Share PriceNorthern Arc

Capital IPO AllotmentArkade Developers IPO Allotment TodayStocks in news todayUS Fed Meeting TimeUS Fed Rate Cut

TodayNSE Bonus Issue Record DateBSE Share PriceBajaj Housing Finance IPO Listing LiveBajaj Housing Finance Share

PriceTata Power Share PriceShree Tirupati Balajee Shares AllotmentPN Gadgil Jewellers IPO GMPGala Precision Share

PriceMORETop Searched CompaniesIRFC share priceSuzlon share priceIREDA share priceTATA Motors share priceYes bank share

priceHDFC Bank share priceNHPC share priceRVNL share priceSBI share priceTata power share priceTata steel share

priceAdani power share pricePaytm share pricePNB share priceZomato share priceBEL share priceBHEL share priceInfosys

share priceIRCTC share priceITC share priceJIO finance share priceLIC share priceReliance share priceHAL share priceJP

Power share priceNBCC share priceTCS share priceVedanta share priceWipro share priceIOC share priceIrcon share priceSAIL

share priceSJVN share priceGAIL share priceHUDCO share priceREC share priceReliance Power share priceTata Technologies

share priceVodafone idea share priceAdani Enterprises share priceAdani Green share priceAdani Port share priceAshok

Leyland share priceBank of Baroda share priceBSE share priceCanara Bank share priceCDSL share priceCoal India share

priceHFCL share priceIDFC First Bank share priceTop CalculatorsMOREStandard Deviation CalculatorIncome Tax CalculatorAge

CalculatorSIP CalculatorTime CalculatorBMI CalculatorGPA CalculatorStatistics CalculatorFraction CalculatorDiabetes Risk

CalculatorDate CalculatorLog CalculatorMORETop DefinitionsNon Performing AssetsPerfect CompetitionAdvertisingMonetary

PolicyCommercial BankMORETop SlideshowIncome Tax Rule Change Salaried Individuals Pensioners Must KnowYouve Been Doing

It WrongIncome Tax Rule Change Salaried Individuals Pensioners Must KnowHg Infra EngineeringHg Infra EngineeringHow Much

Standard Deduction Will Family Pensioners GetItcYouve Been Doing It WrongHow Much Standard Deduction Will Family

Pensioners GetItcMOREMost Searched IFSC CodesIndian BankBank Of BarodaUnion Bank Of IndiaState Bank Of IndiaPunjab

National BankMORETop Performing MFAxis Business Cycles Fund Regular PlanQuant Small Cap Fund Direct PlanSBI Small Cap

FundNippon India Fixed Horizon Fund XXXX Series 14 DirectSBI Equity Hybrid FundMORETop Prime Articles4 Insights To Kick

Start Your Day Featuring Airtels Big Potential Deal With Paytm3 Insights To Kick Start Your Day Featuring Mukesh Ambani

Repeating Old PlaybookYuan Internationalisation Sees Significant Progress In 2022 Can It Maintain The MomentumAdani

Fiasco Interest Rates Geopolitical Tensions Why 2023 Will Be A Tough Year For InvestorsHow To Ensure The Fair Use Of The

Data That Powers Conversational Generative Ai Tools Like ChatgptAfter Dodging Bankruptcy Thrice In Five Years Rolta

India Has Been Dragged To Insolvency Court Again4 Insights To Kick Start Your Day Featuring Tatas Ev Biz Stake

SaleHirakud Industrial Works Insolvency How Hindalco And Hirakud Workers Union Unveiled A Staged ActCan Mauritius

African Odyssey Steer Clear Of The Hindenburg Adani Sized IcebergLithium Found In Jk Heres How To Turn It Into A

Catalyst For Indias Clean Energy MissionMORETop Story ListingNetflix NewsCognizant LayoffsInstagram DownEpfNarendra

ModiLatest NewsTrump admin pushes tougher English rules for Mexican train crews crossing into USNeeraj Chopra says his

comeback is on track as India scripts historic Commonwealth Games 2026 javelin medal doubleSpider-Man Brand New Day box

office collection: Tom Holland, Zendaya's movie hits Rs 100 crore mark on day 2 in India. Beats Avengers: EndgameStock

picks of the week: 6 stocks with consistent score improvement and upside potential of up to 29%'Safe transit service':

Yemen's Houthis have no plans to impose fees on ships sailing through Red SeaKerala Weather Today: Is your district

under Orange alert? IMD warns of heavy rain in 11 districtsSaturday bank holiday: Are banks open or closed today on

August 1, 2026? Check if HDFC Bank, SBI, PNB and others are openGIFT City investment for NRIs: Know your options, tax

benefits, and how to invest in India in dollarsFD rate up to 8.3% for senior citizens investing for three years; Know

list of banksMissed filing your ITR by July 31, 2026? Know your options and here’s what you can do nowDeposit

rates rise as banks fight for fundsLPG price cut today: Commercial cylinders cheaper by over Rs 200 in Delhi and

Kolkata; domestic rates remain unchangedAlphabet rolls back AI image generation in Google Earth over policy

violations'Kind of madness': Iran vows to target US, Israeli energy assets if attacked as Trump weighs fresh

strikesWhite House signals Trump is weighing new strikes on Iran, and other developments in the Middle EastFollow us

on:Download ET App:subscribe to our newsletterCopyright © 2026 Bennett, Coleman & Co. Ltd. All rights reserved.

For reprint rights: Times Syndication ServiceFind this comment offensive?Choose your reason below and click on the

Report button. This will alert our moderators to take actionNameReason for reporting:Foul languageSlanderousInciting

hatred against a certain communityOthersYour Reason has been Reported to the admin.XTo post this comment you mustLog

In/Connect with:The Economic TimesorFill in your details:Will be displayedWill not be displayedWill be displayedShare

this Comment:Post to TwitterContinue reading with one of these options:Limited AccessFreeLogin to get access to some

exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive

stories, expert opinions & in-depth stock reportsSubscribe NowETUnlock Access to All Exclusives with ETPrime FREE

TRIAL15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapersTrial offer expiring in00 : 05 : 00Start

Your Free TrialNo Payment RequiredI'd rather pay ₹2599 nowUh-oh! This is an exclusive story available for selected

readers only.Worry not. You’re just a step away.Sign In to Read for FreePrime Account Detected!It seems like

you're already an ETPrime member withLogin using your ET Prime credentials to enjoy all member benefitsLog out of your

current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.Sign in &

Access ET PrimeUnlock ETPrime's Exclusive Stories Today!Subscribe to gain powerful insights on business, stock market

and industry trends.Big Price Drop! Flat 40% OffAvail OfferStudent Only OfferAlready a Member? Sign In nowAlready a

Member? Sign In nowSubscribe NowAlready a Member? Sign In nowOffer Exclusively For YouSave up to Rs. 700/-ON ET PRIME

MEMBERSHIPAvail OfferOffer Exclusively For YouGet 1 Year FreeWith 1 and 2-Year ET prime membershipAvail OfferOffer

Exclusively For YouGet 1 Year FreeWith 1 and 2-Year ET prime membershipAvail OfferOffer Exclusively For YouGet Flat 40%

OffThen ₹ 1749 for 1 yearAvail OfferOffer Exclusively For YouET Prime at ₹ 49 for 1 monthThen ₹ 1749 for 1

yearAvail OfferSpecial OfferGet flat 40% off on ETPrimeAvail OfferAvail Offer Continue with Email Continue with Mobile

No. Claim NowAlready a Member? Sign In nowNeed Assistance? Connect with an ETPrime expert for personalized support and

guidance Get a Call Back+91 9484700004What’s Included withETPrime Membership 1Exclusive Insights That MatterUncover

the truth with our investigative storiesMake strategic moves using the real-world case studiesRead industry-specific

stories to identify emerging trendsSpot opportunities with
in-depth insights that matterTrump temper on H-1B visas is

forcing Indians to do these things to stay put in USWhat Adani’s US indictment means for India Inc’s overseas

fundraisingWhy veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.Will China’s

dollar bond sale in Saudi Arabia trump the US in financial world?Huawei launches its own OS to compete with Google and

Apple. But can it win beyond China?The problem with lab grown diamondsWhy a falling rupee is a better option for the

economyA list of top 20 momentum stocks that have delivered massive returns in one year2Invest Wisely With Smart Market

Tools & Investment IdeasAlpha TradeGet daily trade ideas from SEBI-registered research analysts.Investment IdeasGrow

your wealth with stock ideas & sectoral trends.Stock Reports PlusAll-in-one stock research with Stock Score, peer

comparison & key signals.BigBull PortfolioGet to know where the market bulls are investing to identify the right

stocks.Stock AnalyzerCheck the score based on the company's fundamentals, solvency, growth, risk & ownership to

decide the right stocks.Market MoodAnalyze the market sentiments & identify the trend reversal for strategic

decisions.Stock Talk Live at 9 AM DailyAsk your stock queries & get assured replies by ET appointed, SEBI registered

experts.3Stay informed anytime, anywhere with ET ePaperePaper - Print ViewRead the PDF version of ET newspaper. Download

& access it offline anytime.ePaper - Digital ViewRead your daily newspaper in Digital View & get it delivered to

your inbox everyday.Wealth EditionManage your money efficiently with this weekly money management guide.4Times Of India

Subscription (1 Year)TOI ePaperRead the PDF version of TOI newspaper. Download & access it offline anytime.Deep

ExplainersExplore the In-depth explanation of complex topics for everyday life decisions.Health+ StoriesGet fitter with

daily health insights committed to your well-being.Personal Finance+ StoriesManage your wealth better with in-depth

insights & updates on finance.New York Times ExclusivesStay globally informed with exclusive story from New York

Times.5Enjoy Complimentary Subscriptions From Top BrandsDocubay SubscriptionStream new documentaries from all across the

world every day.Stories you might be interested inSubscribe to ourET Investment OpportunitiesSUBMIT

Source: economictimes.indiatimes.com