9 months, 2 weeks ago
India's forex reserves see ₹54k crore boost; jump to $625 billion in March
Hindustan TimesIndia witnessed a boost of over ₹54,000 crore in forex reserves for the week ending on March 1, announced the Reserve Bank of India on Friday. India sees major boost in forex reserves This marks a significant bump from last week's forex reserve boost, showed RBI's data. For the week ended March 1, the foreign currency assets, a major component of the reserves, increased by $6.043 billion to $554.231 billion, the data said. India's reserve position with the IMF was also down by $41 million to $4.798 billion in the reporting week, the apex bank data showed.
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