City
Epaper

India's foreign exchange reserves up by over $1.92 bn (Lead, correcting para 2)

By IANS | Updated: November 5, 2021 18:30 IST

Mumbai, Nov 5 India's foreign exchange reserves rose by $1.919 billion during the week ended October 29.The ...

Open in App

Mumbai, Nov 5 India's foreign exchange reserves rose by $1.919 billion during the week ended October 29.

The Reserve Bank of India's (RBI) forex reserves rose to $642.019 billion from $640.100 billion reported for the week ended October 22.

India's forex reserves comprise foreign currency assets (FCAs), gold reserves, SDRs, and the country's reserve position with the IMF.

On a weekly basis, FCAs, the largest component of the forex reserves, edged higher by $1.363 billion to $578.462 billion.

Similarly, the value of the country's gold reserves gained by $572 million to $39.012 billion.

However, SDR value slipped by $17 million to $19.304 billion, whereas the country's reserve position with the IMF inched-up by $1 million to $5.242 billion.

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: indiamumbaiimfReserve Bank Of IndiaThe finance ministry of indiaMonetary policy committee of the rbiCentral board of reserve bank of indiaReserve bank of india governorIndiFinance ministry and reserve bank of india
Open in App

Related Stories

MumbaiMumbai Traffic Update: Police Issue Advisory for Shiv Sena UBT Dussehra Rally On October 2; Check Diversions

MumbaiMumbai: FIR Filed Over Maharashtra Congress’ Social Media Post Allegedly Inciting Violence

MumbaiMumbai: MNS Workers Protest at Andheri Metro Station, Damage Billboard, Demand Only Marathi Ads

MumbaiMumbai: Bomb Threat at Dadar Railway Station; Police Launch Investigation

MaharashtraMaharashtra Rains: Holiday Declared in All Schools in Palghar on September 29 Due to Heavy Rains

International Realted Stories

InternationalUN Chief pledges full support for Bangladesh's democratic transition

InternationalTyphoon Bualoi leaves 19 dead, 88 injured in Vietnam

InternationalBangladesh: Awami League slams Yunus regime over Khagrachhari killings

InternationalBangladesh Border Guard rejects Arakan Army allegations

InternationalSouth Korea: Ex-PM Han attends 1st hearing of insurrection trial