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: Massive Fire Breaks Out at Jaferbhoy Industrial Estate in Andheri East

EntertainmentNirmal Kapoor, Anil Kapoor’s Mother, Dies at 90 in Mumbai

MumbaiMumbai Accident: 35-Year-Old Man Loses Hand After Being Run Over by BEST Bus in Andheri

Navi MumbaiMumbai: BMC Fines Contractor, Quality Agency ₹75 Lakh for Poor Roadwork

MumbaiCelebrating 65 Years of Maharashtra: Mumbai's Role in Shaping the State's Identity

International Realted Stories

InternationalPahalgam attack demonstrated that international community needs to take concrete steps to prevent terrorism: President Murmu

InternationalIsraeli PM postpones Azerbaijan visit due to 'developments in Gaza, Syria'

InternationalSingapore's ruling Action People's Party wins 87 of 97 seats in parliamentary election

InternationalPM Anthony Albanese's Labor Party wins landslide victory in Australian election

InternationalYemen appoints Finance Minister as new PM