Mumbai, June 19 (IANS) India’s overseas trade reserves rose by over $5.942 billion in the course of the week ended June 12. In keeping with the RB
Mumbai, June 19 (IANS) India’s overseas trade reserves rose by over $5.942 billion in the course of the week ended June 12.
In keeping with the RBI’s weekly statistical complement, the general foreign exchange reserves elevated to $507.644 billion from $501.703 billion reported for the week ended June 5.
India’s foreign exchange reserves comprise overseas foreign money belongings (FCAs), gold reserves, particular drawing rights (SDRs) and India’s reserve place with the Worldwide Financial Fund (IMF).
On a weekly foundation, FCAs, the most important part of the foreign exchange reserves, edged larger by $5.106 billion to $468.737 billion.
Equally, the worth of the nation’s gold reserves elevated. It rose by $821 million to $33.173 billion.
In addition to, the SDR worth rose by $12 million to $1.454 billion.
The nation’s reserve place with the IMF elevated by $three million to $4.280 billion.
–IANS
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