Foreign exchange reserves hit document excessive of $545.6 billion

2020/10 10 18:10

By: ENS Financial Bureau | New Delhi |

October 11, 2020 12:24:03 am


Through the reporting week, the rise in foreign exchange kitty was on account of rise in international foreign money property, a significant element of the general reserves.

The nation’s international change reserves rose by $three.618 billion to succeed in a life-time excessive of $545.638 billion within the week ended October 2, 2020, the Reserve Financial institution of India (RBI) information confirmed.

Within the earlier week ended September 25, the reserves had declined by $three.017 billion to $542.021 billion. Through the reporting week, the rise in foreign exchange kitty was on account of rise in international foreign money property, a significant element of the general reserves. FCA elevated by $three.104 billion to $503.046 billion.

With PTI

 

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