City
Epaper

Foreign exchange reserves rise to $576 bn in January

By IANS | Updated: February 3, 2023 18:10 IST

New Delhi, Feb 3 India's foreign exchange reserves rose to $576.76 billion during the week ending January 27, ...

Open in App

New Delhi, Feb 3 India's foreign exchange reserves rose to $576.76 billion during the week ending January 27, according to data released by the Reserve Bank of India (RBI) on Friday.

This is the third consecutive week that the country's reserves have risen. During the week ending January 20, the foreign exchange reserves were $573.73 billion.

The central bank has been intervening to buy dollars to stabilise the rupee. Apart from this, the valuation changes have also added to the RBI's foreign exchange reserves.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: FebruaryindiaNew DelhiReserve Bank Of IndiaThe finance ministry of indiaMonetary policy committee of the rbiThe new delhi municipal councilDelhi south-westCentral board of reserve bank of indiaReserve bank of india governorIndi
Open in App

Related Stories

NationalCOVID-19 Update: Mumbai Cases Drop Sharply; India’s Active Tally Drops By 428

CricketIndia vs India A Intra-Squad LIVE Streaming: When and Where To Watch Intra-Squad Match on TV and Online?

Navi MumbaiNavi Mumbai News: Border Crackdown Forces Indian Woman to Part With Children and Husband Amid Citizenship Chaos

NationalAir India Plane Crash in Gujarat: Could This Be One of India’s Deadliest Air Disasters? Here Are Top 5 Worst Aviation Tragedies

HealthCOVID-19: What is XFG? New Recombinant Variant Detected With Rapid Spread Potential

International Realted Stories

InternationalTerrorism is biggest threat to global stability, says PM Plenkovic; India, Croatia to boost ties in defence, IT, shipbuilding

InternationalSouth Africa: Gauteng confirms 181 measles cases since January

InternationalThree suspected rebels killed in Philippines

InternationalPM Modi thanks Croatia for backing India's fight against terrorism

InternationalIndia, Croatia to speed up bilateral ties three times, to formulate Defence Cooperation Plan: PM Modi