India’s forex reserves increase $1.9bn to $642bn
The Hindu
The overall reserves had declined by $908 million to $640.1 billion at the end of the previous reporting week.
India’s forex reserves have increased by $1.919 billion to $642.019 billion for the week ended October 29 on a healthy increase in the currency assets and value of gold, the Reserve Bank of India said on Friday.
The overall reserves had declined by $908 million to $640.1 billion at the end of the previous reporting week.
Foreign currency assets, a major part of the overall reserves, increased by 1.363 billion to $578.462 billion for the reporting week, the RBI said in the weekly data.
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