1 year, 5 months ago
India’s forex reserves rise by $1.85 billion to $595.05 billion; check details
Live MintIndia's foreign exchange reserves rose by $1.853 billion to $595.051 billion in the week ended on June 30, said the Reserve Bank of India. For the week ended on June 30, the foreign currency assets, a major component of the reserves, increased by $2.539 billion to $527.979 billion, according to the Weekly Statistical Supplement released by the RBI on Friday. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. The country's reserve position with the International Monetary Fund was down by $118 million to $5.002 billion in the reporting week, as per RBI data.
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History of this topic
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