10 Countries With The Biggest Forex Reserves | Investopedia

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Download ET MARKETS APP. Drag according to your convenience. With the Indian equities market having gone up with support from foreign portfolio investors FPIs investing money in the country, the dollar reserves with the RBI have gone up. With the Indian equities market having gone up with support from foreign portfolio investors FPIs investing money in the country, the dollar reserves with the RBI have gone up, felt various market sources.

Further in the context of the FCNR B outflows that are supposed to start from next week the banking regulator has been slowly building up its forex reserve to meet the increase in dollar demand. This is a record high with India's forex reserves been steadily climbing up, only with occassional hiccups in the event of international issues like Brexit, or impending Fed rate hike and uncertainty in the Chinese economy.

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India’s forex reserves hit record high of $ billion - Times of India

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