India's Forex reserves rise by USD 1.85 billion to USD 595.05 billion
1 year, 5 months ago

India's Forex reserves rise by USD 1.85 billion to USD 595.05 billion

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India's Forex Reserve: The Reserve Bank of India on Friday claimed that the forex exchange reserves of the country have risen by USD 1.853 billion to USD 595.051 billion in the week ended on June 30. The forex reserves reached an all-time high in Oct 2021 India, earlier on October 2021, recorded an all-time high forex reserve of USD 645 billion. Weekly Statistical Supplement released on Friday RBI on Friday released the Weekly Statistical Supplement, according to which, the foreign currency assets, a major component of the reserves, increased by USD 2.539 billion to USD 527.979 billion for the week ended on the week ended on June 30. The country's reserve position with the IMF was down by USD 118 million to USD 5.002 billion in the reporting week, the apex bank data showed.

History of this topic

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