City
Epaper

Forex reserves rise to $531 billion during week ending October 28

By IANS | Updated: November 4, 2022 20:25 IST

New Delhi, Nov 4 India's foreign exchange reserves rose to $531.081 billion for the week ended October 28, ...

Open in App

New Delhi, Nov 4 India's foreign exchange reserves rose to $531.081 billion for the week ended October 28, a jump of $6.561 billion over the previous week.

According to a weekly supplement issued by the Reserve Bank of India (RBI), the overall reserves had dropped by $3.847 billion to $524.52 billion in the previous week.

In October 2021, the country's foreign exchange reserves had touched $645 billion. However since then, the reserves have been falling.

The foreign currency assets (FCA), a major component of the overall reserves, rose by $5.772 billion to $470.847 billion during the week ending October 28.

The country's reserve position with the IMF also went up by $48 million to $4.847 billion in this period.

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: indiaNew DelhiReserve Bank Of IndiaFCAThe finance ministry of indiaMonetary policy committee of the rbiThe new delhi municipal councilDelhi south-westCentral board of reserve bank of indiaReserve bank of india governor
Open in App

Related Stories

EntertainmentAjith Kumar Injured in Fan Frenzy After Padma Bhushan Award Ceremony, Actor Hospitalized In Chennai

MumbaiMumbai: Gold Sales Cross ₹12,000 Crores Nationwide on Akshaya Tritiya; Mumbai MMR Sees ₹800 Crores Trade

NationalAkshaya Tritiya 2025: Gold Market Sees Huge Footfall Despite Price Hike (Watch Video)

MaharashtraOver 10,000 Pakistani Nationals Traced in Maharashtra and Delhi Post-Palgham Terror Attack

MumbaiViral Sighting of Tesla Cybertruck Near Mumbai Stirs EV Enthusiasm (Photos)

International Realted Stories

InternationalArtillery deficit, warfighting capacity of 90 hours and economy in doldrums: Why Pakistan will bite the dust

InternationalNepal's National Assembly Chairperson draws govt's attention to thoroughly investigate death of 2 students in Odisha's KIIT

InternationalAir India suspends Tel Aviv operations after Houthi missile attack on Ben Gurion airport

InternationalHo Chi Minh glows ahead of Holy Buddha relic exposition as global delegates arrive

InternationalBLA terrorists ‘block’ Quetta-Karachi highway, set ablaze several govt buildings in Balochistan