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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, ...

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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
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